How Much Does a Loan Processing Assistant Make in Newark, NJ?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Processing Assistant in Newark, NJ is $49,057. While Salary.com is seeing that Loan Processing Assistant salary in Newark, NJ can go up to $59,277 or down to $37,906, but most earn between $43,220 and $54,406. 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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Loan Processing Analyst
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Similar Job Salaries to Loan Processing Assistant by Company

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Company average base salary in (usd) range
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Loan Processing Assistant
$53,325/yr
$48,078
$58,572
RANGE: $48,078 - $58,572
AmeriHome Mortgage Company, LLC
Loan Processing Assistant
$55,821/yr
$50,328
$61,313
RANGE: $50,328 - $61,313
Central Bancompany
Consolidated Loan Processing Assistant
$45,143/yr
$41,652
$48,633
RANGE: $41,652 - $48,633
Big Lots
Assistant Store Manager - Processing
$102,718/yr
$90,798
$114,638
RANGE: $90,798 - $114,638
IEW Construction Group, Inc.
Financial Processing Assistant
$65,240/yr
$59,526
$70,954
RANGE: $59,526 - $70,954
Three Rivers Bank of Montana
Loan Processing Supervisor
$62,820/yr
$57,626
$68,015
RANGE: $57,626 - $68,015
JX Enterprises, Inc.
Loan Processing Specialist
$57,129/yr
$51,378
$62,880
RANGE: $51,378 - $62,880
Farm Credit Council
Loan Processing Coordinator
$58,606/yr
$52,601
$64,610
RANGE: $52,601 - $64,610
AgSouth Farm Credit, ACA
Loan Processing Coordinator
$58,523/yr
$52,527
$64,520
RANGE: $52,527 - $64,520
NEWITY
Loan Processing Support
$64,546/yr
$58,020
$71,072
RANGE: $58,020 - $71,072

Open Loan Processing Assistant Jobs in Newark, NJ

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What Does a Loan Processing Assistant Do?

This coupled with other government regulations, have made mortgage loan processing even more tedious and delicate.
Updated December 12, 2021
The loan processor is responsible for processing mortgage applications and getting them prepared for the mortgage underwriter.
Updated November 03, 2021
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

Frequently Asked Questions About a Loan Processing Assistant Salaries

What is the average of a Loan Processing Assistant in Newark, NJ?

The Loan Processing Assistant salary range is from $43,220 to $54,406, and the average Loan Processing Assistant salary is $49,057/year in Newark, NJ. 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 $54,641 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.