Loan Processor Trainee Salaries in California
How Much Does a Loan Processor Trainee Make in California?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Processor Trainee in California is $55,580.
While Salary.com is seeing that Loan Processor Trainee salary in CA can go up to $67,412
or down to $45,817, but most earn between $50,470 and $61,773.
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.
Related Job Titles to Loan Processor Trainee
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Similar Job Salaries to Loan Processor Trainee by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
VirtualVocations
Loan Processor
|
$64,783/yr
|
RANGE: $58,262 - $71,304
|
|
Ascent Developer Solutions
Loan Processor
|
$64,090/yr
|
RANGE: $57,638 - $70,541
|
|
Express Capital
Loan Processor
|
$69,802/yr
|
RANGE: $62,661 - $76,943
|
|
AgWest Farm Credit
Loan Processor
|
$66,303/yr
|
RANGE: $59,628 - $72,977
|
|
East West Bank
Loan Processor
|
$57,809/yr
|
RANGE: $53,172 - $62,446
|
|
Paramount Residential Mortgage Group Inc. (PRMG Inc.)
Loan Processor
|
$63,333/yr
|
RANGE: $56,958 - $69,708
|
Top 10 Highest Paying Cities For Loan Processor Trainee Jobs in California
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Loan Processor Trainee 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 Processor Trainee job salaries in California.
Some cities can pay higher salaries for Loan Processor Trainee jobs, which can indicate that there is a large demand for Loan Processor Trainee positions in this city.
The following table shows top 10 cities where the Loan Processor Trainee salary is higher than other cities in California.
San Jose takes first place in this list, followed by Santa Clara, Fremont.
The Loan Processor Trainee salary is $63,556 in San Jose,
which is higher than the national average. There are 76 cities' Loan Processor Trainee salary higher than national average in California.
The average salary for a Loan Processor Trainee in California is $55,580,
but we found that the city with the highest salary for Loan Processor Trainee jobs is San Jose, CA, and it is higher than Santa Clara.
Loan Processor Trainee jobs in San Jose can have the opportunity to earn higher salaries than in other cities in California.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| San Jose | $63,556 | $5,296 | $1,222 | $31 |
| Santa Clara | $63,556 | $5,296 | $1,222 | $31 |
| Fremont | $63,435 | $5,286 | $1,220 | $30 |
| San Francisco | $62,931 | $5,244 | $1,210 | $30 |
| Daly City | $62,931 | $5,244 | $1,210 | $30 |
| Berkeley | $61,536 | $5,128 | $1,183 | $30 |
| Oakland | $61,536 | $5,128 | $1,183 | $30 |
| Hayward | $61,435 | $5,120 | $1,181 | $30 |
| Antioch | $58,059 | $4,838 | $1,117 | $28 |
| Vallejo | $56,688 | $4,724 | $1,090 | $27 |
What Does a Loan Processor Trainee Do?
LOs also get paid commission for closing loans and processors may get an hourly and also bonuses for closings lots of loans each month.
Updated November 03, 2021
If the loan is originated via the wholesale channel (mortgage broker), there are essentially two loan processors working together on the file.
Updated November 02, 2021
Our mortgage loan processors collaborate with customers, underwriting, and our sales team to make the dream of homeownership possible by gathering and analyzing documents to make a complete loan file.
Updated December 08, 2021
The loan processor who works with the broker will essentially send conditions to the AM that works at the bank so they can be signed off.
Updated December 04, 2021
In a nutshell, the loan originator hustles to bring in new borrowers and the loan processor hustles to get the loans funded, while both may irritate the underwriter in the process.
Updated November 25, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Processor Trainee Salaries
What is the average of a Loan Processor Trainee in California?
The Loan Processor Trainee salary range is from $50,470 to $61,773, and the average Loan Processor Trainee salary is $55,580/year in California.
The Loan Processor Trainee's salary will change in different locations.
Which location pays the highest Loan Processor Trainee salary in the United States?
The Loan Processor Trainee salary in San Jose, CA is $63,556
which is the highest in the US.
What kinds of reasons will influence the Loan Processor Trainee'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 Processor Trainee.
What is the growth rate of the Loan Processor Trainee's salary?
If you are thinking of becoming a Loan Processor Trainee or planning the next step in your career, find the detailed salary report of a Loan Processor Trainee.
