Loan Processing Analyst Salaries in New Jersey
How Much Does a Loan Processing Analyst Make in New Jersey?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Processing Analyst in New Jersey is $44,359.
While Salary.com is seeing that Loan Processing Analyst salary in NJ can go up to $54,508
or down to $31,479, but most earn between $37,617 and $49,671.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Loan Processing Analyst
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Similar Job Salaries to Loan Processing Analyst by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Citigroup Inc
Loan Documentation & Processing Analyst
|
$65,371/yr
|
RANGE: $58,683 - $72,059
|
|
First Western
Loan Processing Analyst I
|
$44,171/yr
|
RANGE: $40,202 - $48,139
|
|
Wintrust Financial Corporation
Loan Analyst II
|
$72,087/yr
|
RANGE: $64,712 - $79,462
|
|
Valley National Bancorp
Loan Operations Quality Assurance Analyst
|
$79,651/yr
|
RANGE: $71,427 - $87,875
|
|
St. Mary's General Hospital
Clinical Systems Analyst - Data Processing
|
$112,508/yr
|
RANGE: $102,919 - $122,098
|
|
Citigroup, Inc.
Cash & Trade Processing Associate Analyst - Hybrid
|
$101,092/yr
|
RANGE: $89,953 - $112,230
|
|
DTCC
Corporate Actions Analyst (P&I Cash Processing)
|
$101,061/yr
|
RANGE: $91,364 - $110,758
|
|
Three Rivers Bank of Montana
Loan Processing Supervisor
|
$62,820/yr
|
RANGE: $57,626 - $68,015
|
|
JX Enterprises, Inc.
Loan Processing Specialist
|
$57,129/yr
|
RANGE: $51,378 - $62,880
|
|
Farm Credit Council
Loan Processing Coordinator
|
$58,606/yr
|
RANGE: $52,601 - $64,610
|
Top 10 Highest Paying Cities For Loan Processing Analyst Jobs in New Jersey
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Loan Processing Analyst can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Loan Processing Analyst job salaries in New Jersey.
Some cities can pay higher salaries for Loan Processing Analyst jobs, which can indicate that there is a large demand for Loan Processing Analyst positions in this city.
The following table shows top 10 cities where the Loan Processing Analyst salary is higher than other cities in New Jersey.
Jersey City takes first place in this list, followed by Union City, Hoboken.
The Loan Processing Analyst salary is $47,429 in Jersey City,
which is higher than the national average. There are 33 cities' Loan Processing Analyst salary higher than national average in New Jersey.
The average salary for a Loan Processing Analyst in New Jersey is $44,359,
but we found that the city with the highest salary for Loan Processing Analyst jobs is Jersey City, NJ, and it is higher than Union City.
Loan Processing Analyst jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Jersey City | $47,429 | $3,952 | $912 | $23 |
| Union City | $47,429 | $3,952 | $912 | $23 |
| Hoboken | $47,429 | $3,952 | $912 | $23 |
| West New York | $47,429 | $3,952 | $912 | $23 |
| Paramus | $46,794 | $3,900 | $900 | $22 |
| Paterson | $46,753 | $3,896 | $899 | $22 |
| Clifton | $46,753 | $3,896 | $899 | $22 |
| Passaic | $46,753 | $3,896 | $899 | $22 |
| Bloomfield | $46,753 | $3,896 | $899 | $22 |
| Wayne | $46,753 | $3,896 | $899 | $22 |
What Does a Loan Processing Analyst Do?
Manages the review and processing of residential loan information of varying complexity, including loan applications and credit documents.
Updated October 29, 2021
Analyze all bank risk and ensure compliance to all bank policies and procedures and collaborate with financial analyst to maintain accuracy in all investor approved loans.
Updated December 20, 2021
It must be understood that the credit analyst, once convinced, will act as the client’s advocate in presenting the application to the bank’s loan committee and also guiding it through the bank’s internal procedures.
Updated December 20, 2021
For example, if they are tasked with determining the response rate of a marketing promotion that offered a skip-a-payment on an auto loan, the analyst must figure not all customers who skipped a payment that month were responders to the campaign.
Updated December 19, 2021
A loan analyst works for a bank, credit union, or similar financial lending institution and evaluates credit applications to decide loan approval.
Updated December 12, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Processing Analyst Salaries
What is the average of a Loan Processing Analyst in New Jersey?
The Loan Processing Analyst salary range is from $37,617 to $49,671, and the average Loan Processing Analyst salary is $44,359/year in New Jersey.
The Loan Processing Analyst's salary will change in different locations.
Which location pays the highest Loan Processing Analyst salary in the United States?
The Loan Processing Analyst salary in San Jose, CA is $51,620
which is the highest in the US.
What kinds of reasons will influence the Loan Processing Analyst's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Loan Processing Analyst.
What is the growth rate of the Loan Processing Analyst's salary?
If you are thinking of becoming a Loan Processing Analyst or planning the next step in your career, find the detailed salary report of a Loan Processing Analyst.
