What are the main factors that influence a Loan Processing Assistant's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Loan Processing Assistant?

The Business Services industry offers the highest average compensation for Loan Processing Assistant roles, with salaries approximately 10% above the market median.

How does experience change A Loan Processing Assistant's salary?

A Loan Processing Assistant's salary grows with experience: a Loan Processing Assistant (0-1 years)earns $42,048, a Loan Processor II (1-3 years)earns $47,104, a Loan Processor III (3-5 years)earns $57,109, a Loan Processing Supervisor (5+ years)earns $61,717,

What are the highest paying cities for a Loan Processing Assistant?

Loan Processing Assistant salary varies significantly by city. The top 3 highest paying cities in Oregon for Loan Processing Assistant roles are San Jose $53,661, San Francisco $53,073, Oakland $51,955.

How much do different types of Loan Processing Assistant roles make?

Salaries for Loan Processing Assistant level roles vary by specialization: Loan Processing Manager: $96,918; Consumer Loan Processing Assistant Manager: $73,390; Loan Processing Assistant Manager: $73,337; Loan Processing Quality Analyst III: $72,032; Loan Processing Quality Analyst II: $66,182.

What specialized skills increase a Loan Processing Assistant's salary?

Skills with high demand and low supply, such as Listening (up to 38% premium), Leadership (up to 28% premium), Pricing (up to 18% premium), directly translate to higher compensation. Employers pay more for these capabilities to gain a competitive edge.

Loan Processing Assistant Salary in Cloverdale, OR

How much does a Loan Processing Assistant make in Cloverdale, OR?

As of August 01, 2026, the average salary for a Loan Processing Assistant in Cloverdale, OR is $41,815 per year, which breaks down to an hourly rate of $20.

However, a Loan Processing Assistant's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $47,196
Majority Range (25th-75th percentile): $38,460 to $44,632
Entry-Level (10th percentile): $35,406

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Loan Processing Assistant Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$44,632	$3,719	$858	$21
Average	$41,815	$3,485	$804	$20
25th Percentile	$38,460	$3,205	$740	$18

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Key Factors That Influence Loan Processing Assistant Salaries

A Loan Processing Assistant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

Top Paying Cities for Loan Processing Assistants

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $53,661
San Francisco: $53,073
Oakland: $51,955

San Jose, CA $53,661

San Francisco, CA $53,073

Oakland, CA $51,955

New York, NY $48,985

Paramus, NJ $48,389

Queens Village, NY $48,387

Passaic, NJ $48,346

Bergenfield, NJ $48,343

Stamford, CT $48,249

Huntington, NY $48,232

Newark, NJ $47,917

Bridgeport, CT $47,827

Vallejo, CA $47,743

New Brunswick, NJ $47,726

Petaluma, CA $47,700

Middlesex, NJ $47,619

Somerset, NJ $47,590

Santa Cruz, CA $47,534

Boston, MA $47,275

Monterey, CA $47,125

Seattle, WA $47,028

Santa Rosa, CA $47,020

Los Angeles, CA $47,007

Juneau, AK $46,896

Washington, DC $46,849

Orange, CA $46,698

Santa Ana, CA $46,586

Long Beach, CA $46,543

Anaheim, CA $46,535

Anchorage, AK $46,513

Santa Maria, CA $46,386

Everett, WA $46,377

Danbury, CT $46,227

Bremerton, WA $46,169

Tacoma, WA $46,015

New Suffolk, NY $46,015

Sacramento, CA $46,003

Santa Barbara, CA $45,956

Trenton, NJ $45,909

San Diego, CA $45,909

Brockton, MA $45,862

Fairbanks, AK $45,758

Lompoc, CA $45,650

Lowell, MA $45,615

Ventura, CA $45,607

Nashua, NH $45,599

Stockton, CA $45,594

Modesto, CA $45,284

Poughkeepsie, NY $45,190

Olympia, WA $45,109

Kennewick, WA $45,109

New Haven, CT $45,092

Lawrence, MA $44,939

Hartford, CT $44,897

Riverside, CA $44,888

New Bedford, MA $44,846

Richland, WA $44,846

Bakersfield, CA $44,786

San Bernardino, CA $44,769

New Britain, CT $44,765

Atlantic City, NJ $44,765

New London, CT $44,748

Norwich, CT $44,735

Portsmouth, NH $44,726

Boulder, CO $44,636

Portland, OR $44,577

Worcester, MA $44,573

Minneapolis, MN $44,441

Philadelphia, PA $44,382

Honolulu, HI $44,241

Saint Paul, MN $44,221

Vineland, NJ $44,212

Providence, RI $44,088

Chicago, IL $43,965

Bellingham, WA $43,914

Springfield, MA $43,880

Baltimore, MD $43,867

Chico, CA $43,761

Pittsfield, MA $43,646

Manchester, NH $43,565

Spokane, WA $43,378

Denver, CO $43,374

Albany, NY $43,174

Troy, NY $43,157

Nassau, NY $43,111

Schenectady, NY $43,067

Wilmington, DE $43,033

Burlington, VT $42,974

Salem, OR $42,957

Portland, ME $42,825

Yakima, WA $42,782

Rochester, MN $42,650

Reno, NV $42,629

Fresno, CA $42,629

Milwaukee, WI $42,591

Detroit, MI $42,548

Ann Arbor, MI $42,541

Allentown, PA $42,535

Colorado Springs, CO $42,463

Syracuse, NY $42,442

Carson City, NV $42,442

Houston, TX $42,382

Eugene, OR $42,361

Gary, IN $42,310

Springfield, OR $42,276

Bismarck, ND $42,267

Galveston, TX $42,238

Medford, OR $42,174

Fort Collins, CO $42,157

Concord, NH $42,135

Austin, TX $42,123

Mesa, AZ $42,033

Reading, PA $42,029

Phoenix, AZ $42,025

Dallas, TX $42,012

Saint Cloud, MN $41,971

Madison, WI $41,914

Utica, NY $41,799

Rochester, NY $41,731

Des Moines, IA $41,727

Raleigh, NC $41,723

Atlanta, GA $41,659

Battle Creek, MI $41,646

Salt Lake City, UT $41,633

Lancaster, PA $41,570

Harrisburg, PA $41,510

Kansas City, MO $41,468

Champaign, IL $41,459

Kansas City, KS $41,459

Fort Worth, TX $41,455

Columbus, OH $41,448

Boca Raton, FL $41,438

Pittsburgh, PA $41,421

Richmond, VA $41,404

Indianapolis, IN $41,395

Cleveland, OH $41,391

Las Vegas, NV $41,340

Cincinnati, OH $41,340

Petersburg, VA $41,276

Huntsville, AL $41,212

Lansing, MI $41,184

Lebanon, PA $41,178

Pueblo, CO $41,174

Appleton, WI $41,161

Buffalo, NY $41,144

Dayton, OH $41,131

Racine, WI $41,123

Charlotte, NC $41,119

Saint Louis, MO $41,106

York, PA $41,080

Elkhart, IN $41,080

Gastonia, NC $41,072

Billings, MT $41,062

Beaumont, TX $41,051

Lorain, OH $41,042

Benton Harbor, MI $41,034

Toledo, OH $41,025

Binghamton, NY $41,004

Rock Hill, SC $41,000

Rockford, IL $40,978

Springfield, IL $40,961

Elyria, OH $40,957

Fargo, ND $40,957

Flagstaff, AZ $40,927

Fort Lauderdale, FL $40,902

Duluth, MN $40,876

Miami, FL $40,876

Cheyenne, WY $40,846

Grand Forks, ND $40,846

Bangor, ME $40,753

Cedar Rapids, IA $40,706

Durham, NC $40,688

Louisville, KY $40,685

Grand Rapids, MI $40,676

Hialeah, FL $40,672

Casper, WY $40,612

Scranton, PA $40,561

New Orleans, LA $40,549

Virginia Beach, VA $40,544

Akron, OH $40,523

Peoria, IL $40,468

Sarasota, FL $40,459

Nashville, TN $40,429

Omaha, NE $40,429

Green Bay, WI $40,429

Baton Rouge, LA $40,408

Charleston, SC $40,400

Jamestown, NY $40,378

Davenport, IA $40,378

Tucson, AZ $40,357

Saint Petersburg, FL $40,332

Tampa, FL $40,323

Evansville, IN $40,298

Port Arthur, TX $40,298

Bradenton, FL $40,281

Santa Fe, NM $40,204

Orlando, FL $40,127

Clearwater, FL $40,115

Canton, OH $40,025

La Crosse, WI $40,025

Albuquerque, NM $40,000

Newport News, VA $39,996

High Point, NC $39,983

Ogden, UT $39,966

Corpus Christi, TX $39,932

Norfolk, VA $39,906

Laramie, WY $39,906

Rock Island, IL $39,881

Saginaw, MI $39,872

Jacksonville, FL $39,868

Salisbury, NC $39,859

Boise, ID $39,851

Moline, IL $39,830

Fort Myers, FL $39,817

Memphis, TN $39,808

Tulsa, OK $39,787

Waterloo, IA $39,762

Spartanburg, SC $39,719

Lincoln, NE $39,698

Fort Wayne, IN $39,689

Provo, UT $39,685

Cedar Falls, IA $39,634

San Antonio, TX $39,617

Greensboro, NC $39,600

South Bend, IN $39,596

Savannah, GA $39,549

Muskegon, MI $39,532

Birmingham, AL $39,528

Winston Salem, NC $39,507

Lake Charles, LA $39,404

Anderson, IN $39,396

Lexington, KY $39,383

Augusta, GA $39,370

Greenville, SC $39,370

Lima, OH $39,336

Wichita, KS $39,332

Tuscaloosa, AL $39,332

Columbia, SC $39,294

Springfield, OH $39,285

Asheville, NC $39,217

Bloomington, IN $39,187

Knoxville, TN $39,034

Shreveport, LA $39,030

Wilmington, NC $38,974

Roanoke, VA $38,974

Topeka, KS $38,898

Frankfort, KY $38,893

Oklahoma City, OK $38,864

Chillicothe, OH $38,847

Longview, TX $38,843

Melbourne, FL $38,838

Sioux Falls, SD $38,770

Mobile, AL $38,766

Terre Haute, IN $38,749

Altoona, PA $38,723

Amarillo, TX $38,694

Killeen, TX $38,681

Fayetteville, AR $38,647

Chattanooga, TN $38,634

Sioux City, IA $38,596

Idaho Falls, ID $38,587

Lynchburg, VA $38,553

Gainesville, FL $38,498

Portsmouth, OH $38,477

Little Rock, AR $38,468

Lafayette, LA $38,451

Youngstown, OH $38,451

Daytona Beach, FL $38,426

Clarksville, TN $38,421

Pensacola, FL $38,417

Temple, TX $38,414

Hopkinsville, KY $38,290

Erie, PA $38,281

Florence, SC $38,264

Charleston, WV $38,196

Great Falls, MT $38,175

Macon, GA $38,115

Tallahassee, FL $38,111

Fayetteville, NC $38,102

Waco, TX $38,094

Helena, MT $38,064

Pine Bluff, AR $38,048

Vincennes, IN $37,996

Lubbock, TX $37,979

Alamogordo, NM $37,953

Twin Falls, ID $37,915

Rapid City, SD $37,902

Jackson, MS $37,826

Huntington, WV $37,823

Greenville, MS $37,822

Parkersburg, WV $37,778

Montgomery, AL $37,770

Wichita Falls, TX $37,728

Springfield, MO $37,728

Biloxi, MS $37,707

Monroe, LA $37,664

Johnstown, PA $37,634

Sumter, SC $37,617

Columbus, GA $37,613

Pascagoula, MS $37,532

Abilene, TX $37,532

Kingsport, TN $37,422

Albany, GA $37,422

Gulfport, MS $37,409

Alexandria, LA $37,268

Fort Smith, AR $37,162

El Paso, TX $37,047

Las Cruces, NM $36,856

Harlingen, TX $36,748

Pocatello, ID $36,741

Florence, AL $36,686

Brownsville, TX $36,677

Mcallen, TX $36,588

Dothan, AL $36,528

Columbus, MS $36,275

Altus, OK $36,077

Lawton, OK $35,996

Pierre, SD $35,843

What Skills Can Increase a Loan Processing Assistant's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 10.13% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.88% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.35% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	10.13%
Data Entry	2.88%
Loan Review	1.35%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Processing Assistant's salary.

Listening: Can increase your salary by up to 38%.
Leadership: Can increase your salary by up to 28%.
Pricing: Can increase your salary by up to 18%.

Skill	Salary	Salary % Increase
Listening	$57,704	38%
Leadership	$53,523	28%
Pricing	$49,341	18%
Underwriting	$47,251	13%
Coordination	$45,578	9%
Verbal Communication	$45,160	8%

Get Latest Data

Loan Processing Assistant Salary by Industry: Top Paying Sectors

For Loan Processing Assistant roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 10% above the average. Conversely, Loan Processing Assistant positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Loan Processing Assistant as a support function rather than a direct revenue driver.

The top paying industry for a Loan Processing Assistant

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Business Services	$45,996	$22.0	10%

Loan Processing Assistant Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Processing Assistant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

$38,460

Average $41,815/year

$44,632

$3,205

Average $3,485/month

$3,719

$740

Average $804/week

$858

$18

Average $20/hour

$21

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$44,632	$3,719	$858	$21
Average	$41,815	$3,485	$804	$20
25th Percentile	$38,460	$3,205	$740	$18

Salaries of jobs related to Loan Processing Assistant

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Ready to take the next step in your career? Browse thousands of current Loan Processing Assistant job openings on our job board. Use the search bar below to find your perfect match.

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