How Much Does a Loan Processing Assistant Make in Iowa?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Processing Assistant in Iowa is $41,462. While Salary.com is seeing that Loan Processing Assistant salary in IA can go up to $50,098 or down to $32,038, but most earn between $36,529 and $45,982. 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.
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Similar Job Salaries to Loan Processing Assistant by Company

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Company average base salary in (usd) range
First Bank
Loan Processing Team Leader
$73,539/yr
$61,379
$85,699
RANGE: $61,379 - $85,699
Canvas
Mortgage Loan Processing Assistant
$93,584/yr
$74,873
$112,295
RANGE: $74,873 - $112,295
Public Service Credit Union
Mortgage Loan Processing Assistant
$93,584/yr
$74,873
$112,295
RANGE: $74,873 - $112,295
Dominion Financial Services
Assistant Loan Processing Manager
$82,172/yr
$68,584
$95,759
RANGE: $68,584 - $95,759
AgSouth Farm Credit
Loan Processing Assistant
$61,602/yr
$52,597
$70,608
RANGE: $52,597 - $70,608
Insight Global
Loan Processing Administrative Assistant
$51,196/yr
$44,777
$57,615
RANGE: $44,777 - $57,615
The Dominion Group
Assistant Loan Processing Manager
$87,029/yr
$72,393
$101,665
RANGE: $72,393 - $101,665
United Bank of Iowa
Loan Review Assistant I
$61,682/yr
$51,922
$71,442
RANGE: $51,922 - $71,442
United Bank of Iowa
Assistant Ag Loan Officer
$62,122/yr
$52,853
$71,390
RANGE: $52,853 - $71,390
swipejobs LLC
PT Commercial Loan Processing Assistant
$69,956/yr
$60,221
$79,690
RANGE: $60,221 - $79,690

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Top 10 Highest Paying Cities For Loan Processing Assistant Jobs in Iowa

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Processing Assistant 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 Assistant job salaries in Iowa. Some cities can pay higher salaries for Loan Processing Assistant jobs, which can indicate that there is a large demand for Loan Processing Assistant positions in this city.
The following table shows top 10 cities where the Loan Processing Assistant salary is higher than other cities in Iowa. Des Moines takes first place in this list, followed by Ankeny, Urbandale. The Loan Processing Assistant salary is $42,025 in Des Moines, which is lower than the national average. There is 0 city's Loan Processing Assistant salary higher than national average in Iowa.
The average salary for a Loan Processing Assistant in Iowa is $41,462, but we found that the city with the highest salary for Loan Processing Assistant jobs is Des Moines, IA, and it is higher than Ankeny. Loan Processing Assistant jobs in Des Moines can have the opportunity to earn higher salaries than in other cities in Iowa.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Des Moines $42,025 $3,502 $808 $20
Ankeny $42,025 $3,502 $808 $20
Urbandale $42,025 $3,502 $808 $20
Ames $41,635 $3,470 $801 $20
Cedar Rapids $41,462 $3,455 $797 $20
Council Bluffs $41,202 $3,433 $792 $20
Davenport $41,115 $3,426 $791 $20
Iowa City $41,115 $3,426 $791 $20
Dubuque $40,898 $3,408 $787 $20
Waterloo $40,249 $3,354 $774 $19

What Does a Loan Processing Assistant Do?

The ideal candidate will have a high school diploma/GED or a certificate in a loan processing program from an accredited university.
Updated December 22, 2021
You will gain real-world experience in this position, and it will help you work toward other areas of mortgage loan processing if you follow this career path.
Updated December 19, 2021
We have standardized and automated loan processing back office processes to help lenders reduce operations costs, improve accuracy and speed up time to market.
Updated December 18, 2021
Thus, the education loan interest calculator is designed as a personal assistant, helping you simplify the tedious work associated with EMI calculations when it comes to education loans in India.
Updated December 15, 2021
There are loan processing certificate programs available and will cover topics like underwriting principles, the approval process, loan processor duties, credit counseling, fraud detection and basic appraisal principles.
Updated December 13, 2021

Frequently Asked Questions About a Loan Processing Assistant Salaries

What is the average of a Loan Processing Assistant in Iowa?

The Loan Processing Assistant salary range is from $36,529 to $45,982, and the average Loan Processing Assistant salary is $41,462/year in Iowa. The Loan Processing Assistant's salary will change in different locations.

Which location pays the highest Loan Processing Assistant salary in the United States?

The Loan Processing Assistant salary in San Jose, CA is $54,372 which is the highest in the US.

What kinds of reasons will influence the Loan Processing Assistant'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 Assistant.

What is the growth rate of the Loan Processing Assistant's salary?

If you are thinking of becoming a Loan Processing Assistant or planning the next step in your career, find the detailed salary report of a Loan Processing Assistant.