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

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 $38,163, a Loan Processor II (1-3 years)earns $42,743, a Loan Processor III (3-5 years)earns $51,787, a Loan Processing Supervisor (5+ years)earns $55,968,

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 Kentucky for Loan Processing Assistant roles are San Jose $53,664, San Francisco $53,137, Oakland $51,958.

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

Salaries for Loan Processing Assistant level roles vary by specialization: Loan Processing Manager: $96,851; Loan Processing Assistant Manager: $73,329; Loan Processing Supervisor: $64,025; Consumer Loan Assistant: $60,210; Loan Processing Specialist: $57,930.

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 Murray, KY

How much does a Loan Processing Assistant make in Murray, KY?

As of March 01, 2026, the average salary for a Loan Processing Assistant in Murray, KY is $37,952 per year, which breaks down to an hourly rate of $18.

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

Top Earners (90th percentile): $42,833
Majority Range (25th-75th percentile): $34,908 to $40,507
Entry-Level (10th percentile): $32,137

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Loan Processing Assistant Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$40,507	$3,376	$779	$19
Average	$37,952	$3,163	$730	$18
25th Percentile	$34,908	$2,909	$671	$17

You may get higher pay by adjusting the following factors:

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Check out Loan Processing Assistant Job Openings in Murray, KY

Mortgage Loan Processing Coordinator

Drees Homes - Fort Mitchell, KY

Loan Support&amp Processing Specialist

First Southern National Bank - Hopkinsville, KY

Loan Accounting&amp Payment Processing Specialist

CGB Enterprises Inc - Louisville, KY

Senior Loan Accounting&amp Payment Processing Specialist

CGB Enterprises, Inc. - Louisville, KY

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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: $53,664
San Francisco: $53,137
Oakland: $51,958

San Jose, CA $53,664

San Francisco, CA $53,137

Oakland, CA $51,958

New York, NY $49,308

Queens Village, NY $48,989

Paramus, NJ $48,648

Passaic, NJ $48,606

Bergenfield, NJ $48,563

Stamford, CT $48,499

Huntington, NY $48,457

Newark, NJ $48,180

Bridgeport, CT $48,095

New Brunswick, NJ $47,955

Vallejo, CA $47,865

Middlesex, NJ $47,840

Somerset, NJ $47,801

Petaluma, CA $47,704

Santa Cruz, CA $47,538

Boston, MA $47,453

Monterey, CA $47,240

Fairbanks, AK $47,210

Los Angeles, CA $47,129

Washington, DC $47,108

Seattle, WA $47,031

Santa Rosa, CA $47,023

Juneau, AK $46,899

Orange, CA $46,759

Anchorage, AK $46,682

Anaheim, CA $46,653

Santa Ana, CA $46,589

Nassau, NY $46,563

Long Beach, CA $46,546

Danbury, CT $46,534

Santa Maria, CA $46,389

Everett, WA $46,380

Bremerton, WA $46,172

Trenton, NJ $46,091

Sacramento, CA $46,074

San Diego, CA $46,053

Brockton, MA $46,036

Tacoma, WA $46,019

Santa Barbara, CA $45,959

Lowell, MA $45,789

New Suffolk, NY $45,772

Nashua, NH $45,721

Lompoc, CA $45,653

Ventura, CA $45,610

Stockton, CA $45,598

New Haven, CT $45,512

Atlantic City, NJ $45,402

Hartford, CT $45,308

Modesto, CA $45,287

Poughkeepsie, NY $45,193

New Britain, CT $45,172

Olympia, WA $45,112

Kennewick, WA $45,112

New London, CT $45,104

Norwich, CT $45,091

Lawrence, MA $45,070

Bakersfield, CA $44,951

Riverside, CA $44,891

New Bedford, MA $44,891

Richland, WA $44,849

Portsmouth, NH $44,815

Vineland, NJ $44,806

San Bernardino, CA $44,772

Boulder, CO $44,653

Worcester, MA $44,619

Portland, OR $44,581

Saint Paul, MN $44,530

Minneapolis, MN $44,530

Philadelphia, PA $44,470

Honolulu, HI $44,245

Springfield, MA $44,096

Providence, RI $44,091

Chicago, IL $43,968

Bellingham, WA $43,917

Baltimore, MD $43,870

Chico, CA $43,764

Wilmington, DE $43,691

Pittsfield, MA $43,649

Manchester, NH $43,568

Spokane, WA $43,381

Denver, CO $43,377

Albany, NY $43,177

Troy, NY $43,160

Schenectady, NY $43,070

Burlington, VT $42,977

Portland, ME $42,828

Salem, OR $42,794

Yakima, WA $42,785

Ann Arbor, MI $42,772

Rochester, MN $42,653

Fresno, CA $42,632

Reno, NV $42,632

Milwaukee, WI $42,594

Detroit, MI $42,551

Allentown, PA $42,538

Carson City, NV $42,534

Houston, TX $42,470

Colorado Springs, CO $42,466

Syracuse, NY $42,445

Eugene, OR $42,364

Bismarck, ND $42,313

Gary, IN $42,313

Galveston, TX $42,313

Springfield, OR $42,279

Medford, OR $42,177

Fort Collins, CO $42,160

Austin, TX $42,126

Mesa, AZ $42,036

Phoenix, AZ $42,028

Dallas, TX $42,015

Reading, PA $41,990

Saint Cloud, MN $41,973

Concord, NH $41,934

Madison, WI $41,917

Utica, NY $41,802

Raleigh, NC $41,768

Las Vegas, NV $41,764

Rochester, NY $41,734

Des Moines, IA $41,730

Atlanta, GA $41,662

Battle Creek, MI $41,649

Salt Lake City, UT $41,636

Lancaster, PA $41,573

Champaign, IL $41,564

Harrisburg, PA $41,513

Durham, NC $41,475

Kansas City, MO $41,470

Kansas City, KS $41,462

Fort Worth, TX $41,458

Boca Raton, FL $41,441

Cleveland, OH $41,436

Columbus, OH $41,428

Pittsburgh, PA $41,424

Richmond, VA $41,407

Indianapolis, IN $41,398

Cincinnati, OH $41,343

Petersburg, VA $41,279

Billings, MT $41,185

Lansing, MI $41,185

Huntsville, AL $41,185

Lebanon, PA $41,181

Dayton, OH $41,177

Pueblo, CO $41,177

Appleton, WI $41,164

Buffalo, NY $41,147

Racine, WI $41,126

Charlotte, NC $41,122

Saint Louis, MO $41,109

Springfield, IL $41,092

Elkhart, IN $41,083

York, PA $41,083

Gastonia, NC $41,079

Benton Harbor, MI $41,079

Beaumont, TX $41,054

Lorain, OH $41,045

Toledo, OH $41,028

Binghamton, NY $41,007

Rock Hill, SC $41,002

Rockford, IL $40,981

Fargo, ND $40,960

Elyria, OH $40,960

Flagstaff, AZ $40,930

Fort Lauderdale, FL $40,905

Miami, FL $40,879

Duluth, MN $40,811

Bangor, ME $40,756

Cedar Rapids, IA $40,709

Louisville, KY $40,688

Grand Rapids, MI $40,679

Hialeah, FL $40,675

Casper, WY $40,615

Scranton, PA $40,564

New Orleans, LA $40,551

Virginia Beach, VA $40,547

Akron, OH $40,526

Peoria, IL $40,471

Sarasota, FL $40,462

Green Bay, WI $40,432

Baton Rouge, LA $40,411

Charleston, SC $40,403

Nashville, TN $40,390

Jamestown, NY $40,381

Davenport, IA $40,381

Tucson, AZ $40,360

Cheyenne, WY $40,347

Saint Petersburg, FL $40,334

Tampa, FL $40,326

Omaha, NE $40,317

Port Arthur, TX $40,300

Evansville, IN $40,300

Bradenton, FL $40,283

Santa Fe, NM $40,207

Orlando, FL $40,164

Clearwater, FL $40,117

Canton, OH $40,028

La Crosse, WI $40,028

Grand Forks, ND $40,015

Albuquerque, NM $40,003

Tulsa, OK $40,003

Newport News, VA $39,998

High Point, NC $39,986

Ogden, UT $39,969

Corpus Christi, TX $39,935

Laramie, WY $39,909

Norfolk, VA $39,909

Rock Island, IL $39,883

Saginaw, MI $39,875

Jacksonville, FL $39,871

Salisbury, NC $39,862

Memphis, TN $39,854

Moline, IL $39,832

Fort Myers, FL $39,820

Waterloo, IA $39,764

Spartanburg, SC $39,722

Lincoln, NE $39,701

Fort Wayne, IN $39,692

Birmingham, AL $39,645

Cedar Falls, IA $39,637

Provo, UT $39,632

Springfield, OH $39,628

San Antonio, TX $39,620

Greensboro, NC $39,603

South Bend, IN $39,598

Winston Salem, NC $39,594

Boise, ID $39,581

Savannah, GA $39,552

Muskegon, MI $39,475

Lima, OH $39,424

Lake Charles, LA $39,407

Anderson, IN $39,398

Lexington, KY $39,386

Augusta, GA $39,373

Greenville, SC $39,373

Wichita, KS $39,335

Tuscaloosa, AL $39,335

Columbia, SC $39,296

Bloomington, IN $39,190

Roanoke, VA $39,164

Asheville, NC $39,109

Knoxville, TN $39,037

Shreveport, LA $39,033

Wilmington, NC $38,977

Frankfort, KY $38,896

Oklahoma City, OK $38,867

Chillicothe, OH $38,850

Longview, TX $38,845

Topeka, KS $38,833

Mobile, AL $38,769

Terre Haute, IN $38,752

Erie, PA $38,747

Altoona, PA $38,726

Melbourne, FL $38,713

Amarillo, TX $38,696

Killeen, TX $38,684

Fayetteville, AR $38,650

Sioux Falls, SD $38,620

Chattanooga, TN $38,594

Idaho Falls, ID $38,590

Gainesville, FL $38,501

Portsmouth, OH $38,479

Little Rock, AR $38,471

Lynchburg, VA $38,471

Lafayette, LA $38,454

Youngstown, OH $38,454

Temple, TX $38,437

Daytona Beach, FL $38,428

Clarksville, TN $38,424

Pensacola, FL $38,420

Hopkinsville, KY $38,292

Charleston, WV $38,288

Florence, SC $38,267

Sioux City, IA $38,241

Macon, GA $38,118

Tallahassee, FL $38,114

Fayetteville, NC $38,105

Waco, TX $38,096

Wichita Falls, TX $38,096

Pine Bluff, AR $38,079

Vincennes, IN $37,999

Lubbock, TX $37,982

Great Falls, MT $37,956

Alamogordo, NM $37,952

Abilene, TX $37,918

Rapid City, SD $37,862

Monroe, LA $37,862

Albany, GA $37,837

Huntington, WV $37,833

Jackson, MS $37,828

Greenville, MS $37,824

Parkersburg, WV $37,782

Montgomery, AL $37,773

Johnstown, PA $37,765

Springfield, MO $37,731

Biloxi, MS $37,709

Sumter, SC $37,620

Columbus, GA $37,616

Twin Falls, ID $37,590

Pascagoula, MS $37,535

Kingsport, TN $37,424

Gulfport, MS $37,411

Alexandria, LA $37,271

Fort Smith, AR $37,165

El Paso, TX $37,050

Helena, MT $36,995

Las Cruces, NM $36,858

Harlingen, TX $36,739

Pocatello, ID $36,701

Florence, AL $36,688

Brownsville, TX $36,680

Dothan, AL $36,612

Mcallen, TX $36,590

Columbus, MS $36,275

Altus, OK $36,080

Lawton, OK $35,999

Pierre, SD $35,846

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	$52,374	38%
Leadership	$48,578	28%
Pricing	$44,783	18%
Underwriting	$42,886	13%
Coordination	$41,367	9%
Verbal Communication	$40,988	8%

Get Latest Data

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 March 01, 2026

$34,908

Average $37,952/year

$40,507

$2,909

Average $3,163/month

$3,376

$671

Average $730/week

$779

$17

Average $18/hour

$19

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$40,507	$3,376	$779	$19
Average	$37,952	$3,163	$730	$18
25th Percentile	$34,908	$2,909	$671	$17

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