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As of August 01, 2026, the average salary for a Loan Processing Specialist in Alaska is $62,762 per year, which breaks down to an hourly rate of $30.
However, a Loan Processing Specialist's salary can vary significantly. Here’s a look at the typical salary range:
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Loan Processing Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $69,552 | $5,796 | $1,338 | $33 |
| Average | $62,762 | $5,230 | $1,207 | $30 |
| 25th Percentile | $56,904 | $4,742 | $1,094 | $27 |
Arctic Slope Native Association - Barrow, AK
Pacific Seafood - Kodiak, AK
University of Kansas Health System - KANSAS CITY, KS
River's Edge Hospital & Clinic - SAINT PETER, MN
A Loan Processing Specialist'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 and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Processing Specialists. For example, consider the average annual salaries in these key locations:
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:
For Loan Processing Specialist 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, Edu., Gov't. & Nonprofit, offers compensation 10% above the average. Conversely, Loan Processing Specialist positions in Business Services typically offer lower base pay, as this sector often view Loan Processing Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $69,038 | $33.0 | 10% |
Understanding how a Loan Processing Specialist'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $69,552 | $5,796 | $1,338 | $33 |
| Average | $62,762 | $5,230 | $1,207 | $30 |
| 25th Percentile | $56,904 | $4,742 | $1,094 | $27 |
Ready to take the next step in your career? Browse thousands of current Loan Processing Specialist job openings on our job board. Use the search bar below to find your perfect match.
Wake County Public School System
WILDERS GROVE, NC
Wake County Public School System | WILDERS GROVE, NC
The Processing Technician at Wake County Public School System supports accurate, timely handling of student, financial, and administrative data for a large... more
13 Days Ago
Mayo Clinic
ROCHESTER, MN
Mayo Clinic | ROCHESTER, MN
The Mayo Clinic, a leading nonprofit in medical research and patient care, is seeking a dedicated Lab Processing Assistant to join our Laboratory Services ... more
6 Days Ago
Boston Children's Hospital
SOUTH BOSTON, MA
Boston Children's Hospital | SOUTH BOSTON, MA
Boston Children’s Hospital seeks an OR Sterile Processing Liaison to coordinate instrument and supply flow between the Operating Room and Sterile Processin... more
8 Days Ago
Boston Children's Hospital
SOUTH BOSTON, MA
Boston Children's Hospital | SOUTH BOSTON, MA
As a Sterile Processing Technician II at Boston Children’s Hospital, you will perform advanced decontamination, assembly, sterilization, and distribution o... more
8 Days Ago
Boston Children's Hospital
SOUTH BOSTON, MA
Boston Children's Hospital | SOUTH BOSTON, MA
Tech III, Sterile Processing at Boston Children’s Hospital plays a key role in safe, high‑quality pediatric care. In this advanced sterile processing role,... more
8 Days Ago
Houston Methodist
CYPRESS, TX
Houston Methodist | CYPRESS, TX
The Sterile Processing Coordinator at Houston Methodist leads day-to-day operations of the sterile processing department, ensuring safe, efficient, and com... more
17 Days Ago
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