How Much Does a Retail Loan Processor Make in Miami, FL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Retail Loan Processor in Miami, FL is $44,724. While Salary.com is seeing that Retail Loan Processor salary in Miami, FL can go up to $61,409 or down to $29,217, but most earn between $36,608 and $53,458. 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 Retail Loan Processor
Loan Processor
$46,423
Miami, FL
Per Year
Loan Processor I
$41,951
Miami, FL
Per Year
Loan Processor II
$46,100
Miami, FL
Per Year
Loan Processor III
$53,843
Miami, FL
Per Year
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Similar Job Salaries to Retail Loan Processor by Company

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Company average base salary in (usd) range
DLP Bank
Loan Processor
$53,186/yr
$47,832
$58,539
RANGE: $47,832 - $58,539
Instasks App platform
Loan Processor
$55,827/yr
$50,207
$61,447
RANGE: $50,207 - $61,447
NVR Inc
Loan Processor
$54,450/yr
$48,969
$59,931
RANGE: $48,969 - $59,931
Lower
Loan Processor
$54,979/yr
$49,444
$60,513
RANGE: $49,444 - $60,513
AutoNation
Loan Funding Processor
$55,862/yr
$50,238
$61,486
RANGE: $50,238 - $61,486
Atomus Partners
Bilingual Mortgage Loan Processor
$55,416/yr
$49,837
$60,995
RANGE: $49,837 - $60,995
Americas Mortgage Professionals, LLC
Mortgage Loan Processor - Bilingual
$56,437/yr
$50,755
$62,120
RANGE: $50,755 - $62,120
VirtualVocations
Mortgage Loan Processor
$56,661/yr
$50,956
$62,365
RANGE: $50,956 - $62,365
Metroplex Mortgage Services, Inc.
Mortgage Loan Processor
$55,639/yr
$50,037
$61,241
RANGE: $50,037 - $61,241
Ascendo Resources
Mortgage Loan Processor
$56,402/yr
$50,724
$62,081
RANGE: $50,724 - $62,081

Open Retail Loan Processor Jobs in Miami, FL

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What Does a Retail Loan Processor Do?

As a loan processor you have to be very OCD and meticulous on everything from loan opening to loan closing.
Updated November 21, 2021
Employ at least one individual who is licensed as a mortgage loan originator who does not engage in the origination of mortgage loans and who has been assigned supervision and instruction duties with respect to individuals employed as loan processors or loan underwriters.
Updated December 22, 2021
Some loan processors can work from a home office, as long as they are available to clients during the process.
Updated December 22, 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 December 21, 2021
To earn a CPP, the loan processor must complete at least six hours of basic loan processing training along with six hours of advanced loan processing training.
Updated December 20, 2021

Frequently Asked Questions About a Retail Loan Processor Salaries

What is the average of a Retail Loan Processor in Miami, FL?

The Retail Loan Processor salary range is from $36,608 to $53,458, and the average Retail Loan Processor salary is $44,724/year in Miami, FL. The Retail Loan Processor's salary will change in different locations.

Which location pays the highest Retail Loan Processor salary in the United States?

The Retail Loan Processor salary in San Jose, CA is $58,712 which is the highest in the US.

What kinds of reasons will influence the Retail Loan Processor'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 Retail Loan Processor.

What is the growth rate of the Retail Loan Processor's salary?

If you are thinking of becoming a Retail Loan Processor or planning the next step in your career, find the detailed salary report of a Retail Loan Processor.