Retail Loan Processor Salaries in Reading, PA
How Much Does a Retail Loan Processor Make in Reading, PA?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Retail Loan Processor in Reading, PA is $46,235.
While Salary.com is seeing that Retail Loan Processor salary in Reading, PA can go up to $63,484
or down to $30,204, but most earn between $37,844 and $55,264.
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
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Retail Loan Processor by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
The Lending Group
Loan Processor
|
$0/yr
|
RANGE: $0 - $0
|
|
JG Wentworth Home Lending, LLC
Mortgage Loan Processor
|
$69,759/yr
|
RANGE: $59,607 - $79,910
|
|
Air Products
Loan Services Processor I
|
$82,845/yr
|
RANGE: $68,020 - $97,671
|
|
Northwest Bank
Senior Virtual Loan Processor
|
$61,604/yr
|
RANGE: $52,620 - $70,588
|
|
Velocity Commercial Capital
Mortgage Loan Processor / Account Manager
|
$75,640/yr
|
RANGE: $63,833 - $87,447
|
|
Northwest Bank
Retail Loan Servicing Support Manager
|
$106,192/yr
|
RANGE: $87,312 - $125,072
|
|
Chelsea Groton Bank
Retail Lending- Residential Loan Processor/Closer
|
$70,486/yr
|
RANGE: $60,228 - $80,743
|
|
Tag Lending Group, LLC
Mortgage Loan Originator (Retail/Wholesale) - 3 Positions
|
$97,077/yr
|
RANGE: $77,668 - $116,486
|
What Does a Retail Loan Processor Do?
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
A loan processor will have excellent verbal and written communication skills as they deal with customers and their paperwork all day.
Updated December 13, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Retail Loan Processor Salaries
What is the average of a Retail Loan Processor in Reading, PA?
The Retail Loan Processor salary range is from $37,844 to $55,264, and the average Retail Loan Processor salary is $46,235/year in Reading, PA.
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 $58,317
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.
