Loan Processing Specialist Salaries in the United States
How Much Does a Loan Processing Specialist Make?
Updated March 26, 2024
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SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
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Individually reported data submitted by users of our website
Normal Confidence
$53,285/yr
Average Base Pay
Low $46,618
Average $53,285
High $59,340
The average salary for Loan Processing Specialist is $53,285 per year in the United States.
Related Job Titles to Loan Processing Specialist
Similar Job Salaries to Loan Processing Specialist by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Security Fist Bank
Loan Processing Specialist
|
$43,413/yr
|
RANGE: $38,035 - $48,792
|
|
Generations Bank
Loan Processing Specialist
|
$47,455/yr
|
RANGE: $41,414 - $53,496
|
|
Mercantile Bank
Commercial Loan Processing Specialist
|
$54,024/yr
|
RANGE: $46,474 - $61,574
|
|
Poca Valley Bank
Loan Processing Specialist
|
$44,306/yr
|
RANGE: $38,817 - $49,796
|
|
Fortifi Bank
Retail Loan Processing Specialist
|
$47,680/yr
|
RANGE: $41,773 - $53,587
|
|
Trustmark Bank
Payment Processing/New Loan Specialist
|
$40,388/yr
|
RANGE: $34,397 - $46,378
|
|
American Momentum Bank
Loan Processing Specialist II (23-55))
|
$47,626/yr
|
RANGE: $41,039 - $54,213
|
|
F&M Trust
Commercial Loan Processing Support Specialist
|
$60,504/yr
|
RANGE: $51,622 - $69,387
|
|
PointBank
Loan Operations Specialist - Real Estate Processing
|
$46,891/yr
|
RANGE: $40,547 - $53,235
|
What Does a Loan Processing Specialist Do?
Red flags will appear in myPurdue, even if these requirements have been completed, until we begin processing loans in April.
Updated December 13, 2021
Before committing to loan consolidation, be sure to discuss your particular situation fully with a loan consolidation specialist to see if loan consolidation is best for you.
Updated November 24, 2021
Dhani’s No-EMI Personal Loan is a unique offering that can be availed at no interest and zero processing fees.
Updated November 24, 2021
As a loan servicing specialist, your duties primarily focus on ensuring that all documents, signatures, and supporting information are complete and in compliance with all rules and regulations governing loan processing.
Updated November 21, 2021
Make sure we follow the regulatory requirements with regard to payment processing and new loan set up.
Updated November 08, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Processing Specialist Salaries
What is the average of a Loan Processing Specialist in the United States?
The Loan Processing Specialist salary range is from $46,618 to $59,340, and the average Loan Processing Specialist salary is $53,285/year in the United States.
The Loan Processing Specialist's salary will change in different locations.
Which location pays the highest Loan Processing Specialist salary in the United States?
The Loan Processing Specialist salary in San Jose, CA is $66,872
which is the highest in the US.
What kinds of reasons will influence the Loan Processing Specialist'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 Specialist.
What is the growth rate of the Loan Processing Specialist's salary?
If you are thinking of becoming a Loan Processing Specialist or planning the next step in your career, find the detailed salary report of a Loan Processing Specialist.
Recent Salary Report
Below are the most recent Loan Processing Specialist salary reports. Employer name has been removed to protect anonymity.
$51,896
Yearly
A Loan Processing Specialist in Poughkeepsie, NY reported making $51,896 per year
Poughkeepsie, NY
6 - 1,000 employees
Full-Time
Company - Private
$26
Hourly
A Loan Processing Specialist in Lake Charles, LA reported making $26 per hour
Lake Charles, LA
7,6 - 15,000 employees
Part-Time
Company - Public
$55,194
Yearly
A Loan Processing Specialist in Wichita Falls, TX reported making $55,194 per year
Wichita Falls, TX
100 - 200 employees
Full-Time
Company - Private
$31
Hourly
A Loan Processing Specialist in Fort Worth, TX reported making $31 per hour
Fort Worth, TX
3,000 - 7,6 employees
Part-Time
Company - Public
$51,433
Yearly
A Loan Processing Specialist in Carrollton, TX reported making $51,433 per year
Carrollton, TX
200 - 6 employees
Full-Time
Company - Private
$4,309
Monthly
A Loan Processing Specialist in Gary, IN reported making $4,309 per month
Gary, IN
1,000 - 3,000 employees
Full-Time
Company - Public
