How Much Does a Loan Processor Trainee Make in Colorado?

Updated March 26, 2024
Filter

Individually reported data submitted by users of our website

Normal Confidence
$48,352/yr
Average Base Pay
Low $43,792
Average $48,352
High $53,963
The average salary for Loan Processor Trainee is $48,352 per year in Colorado.

Related Job Titles to Loan Processor Trainee

Loan Processor
$47,500
Colorado
Per Year
Loan Processor I
$42,871
Colorado
Per Year
Loan Processor II
$47,055
Colorado
Per Year
Loan Processor III
$54,823
Colorado
Per Year

Similar Job Salaries to Loan Processor Trainee by Company

FIND A SPECIFIC EMPLOYER
Loading results...
Company average base salary in (usd) range
$47,806/yr
$41,956
$53,657
RANGE: $41,956 - $53,657
Richmond American Homes
Loan Processor
$49,269/yr
$43,091
$55,446
RANGE: $43,091 - $55,446
Vanna Lending
Loan Processor
$54,380/yr
$47,086
$61,675
RANGE: $47,086 - $61,675
Motto Mortgage IMG
Mortgage Loan Processor
$54,380/yr
$47,086
$61,675
RANGE: $47,086 - $61,675
S3 Shared Services
Consumer Loan Processor
$46,344/yr
$40,820
$51,868
RANGE: $40,820 - $51,868
Distinctive Home Lending, Inc.
Mortgage Loan Processor Closer
$53,497/yr
$46,145
$60,850
RANGE: $46,145 - $60,850
Mortgage Solutions Financial
Special Loan Processor
$175,248/yr
$135,481
$215,015
RANGE: $135,481 - $215,015
Rocky Mountain Law Enforcement Federal Credit Union
Mortgage Loan Processor/Servicer
$50,406/yr
$43,536
$57,275
RANGE: $43,536 - $57,275
Northrim Bank
Mortgage Loan Processor - Colorado
$58,252/yr
$51,448
$65,055
RANGE: $51,448 - $65,055
$52,351/yr
$45,903
$58,798
RANGE: $45,903 - $58,798

Open Loan Processor Trainee Jobs in Colorado

Create Alert

Top 10 Highest Paying Cities For Loan Processor Trainee Jobs in Colorado

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 Colorado. 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 Colorado. Boulder takes first place in this list, followed by Broomfield, Grand Junction. The Loan Processor Trainee salary is $49,727 in Boulder, which is higher than the national average. There are 9 cities' Loan Processor Trainee salary higher than national average in Colorado.
The average salary for a Loan Processor Trainee in Colorado is $48,352, but we found that the city with the highest salary for Loan Processor Trainee jobs is Boulder, CO, and it is higher than Broomfield. Loan Processor Trainee jobs in Boulder can have the opportunity to earn higher salaries than in other cities in Colorado.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boulder $49,727 $4,144 $956 $24
Broomfield $48,874 $4,073 $940 $23
Grand Junction $48,637 $4,053 $935 $23
Denver $48,257 $4,021 $928 $23
Aurora $48,257 $4,021 $928 $23
Arvada $48,257 $4,021 $928 $23
Jefferson $48,257 $4,021 $928 $23
Westminster $48,257 $4,021 $928 $23
Castle Rock $47,404 $3,950 $912 $23
Colorado Springs $47,167 $3,931 $907 $23

What Does a Loan Processor Trainee Do?

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
However, some processors are actually more knowledgeable than the more sales-oriented loan officers because they handle more volume and may have more years of mortgage experience under their belt.
Updated November 21, 2021
Assuming the loan is approved, the processor will receive a list of prior-to-document conditions (PTDs) that must be met before loan documents are released by the bank.
Updated November 19, 2021

Frequently Asked Questions About a Loan Processor Trainee Salaries

What is the average of a Loan Processor Trainee in Colorado?

The Loan Processor Trainee salary range is from $43,792 to $53,963, and the average Loan Processor Trainee salary is $48,352/year in Colorado. 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 $59,492 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.