Retail Loan Processor Salaries in Virginia Beach, VA
How Much Does a Retail Loan Processor Make in Virginia Beach, VA?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Retail Loan Processor in Virginia Beach, VA is $44,361.
While Salary.com is seeing that Retail Loan Processor salary in Virginia Beach, VA can go up to $60,911
or down to $28,980, but most earn between $36,310 and $53,024.
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
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Similar Job Salaries to Retail Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Zachary Piper Solutions
Loan Processor
|
$64,754/yr
|
RANGE: $58,236 - $71,272
|
|
Piper Companies
Loan Processor
|
$64,754/yr
|
RANGE: $58,236 - $71,272
|
|
NVR Inc
Loan Processor
|
$56,548/yr
|
RANGE: $50,855 - $62,240
|
|
Farm Credit Council
Loan Processor
|
$64,043/yr
|
RANGE: $57,596 - $70,490
|
|
C&F Mortgage
Loan Processor
|
$50,824/yr
|
RANGE: $46,747 - $54,900
|
|
Jobot
Loan Processor Administrator
|
$58,512/yr
|
RANGE: $52,621 - $64,402
|
|
VIVA Home Loans
Loan processor with underwriting knowledge
|
$64,713/yr
|
RANGE: $58,199 - $71,227
|
What Does a Retail Loan Processor Do?
The loan processor is responsible for prepping and organizing the file and getting it over to the bank or.
Updated November 25, 2021
This way you get to be hands-on and talk to other loan officers and in house support states such as mortgage processors and support staff.
Updated November 17, 2021
To earn this certification, the loan processor must complete at least 42 hours of training that includes all four subjects of the CMLP exam plus the FHA’s special rehab program, analysis of tax returns and mortgage fraud awareness and prevention.
Updated November 10, 2021
There are loan processing certificate programs available and will cover topics like underwriting principles, the approval process, loan processor duties, credit counseling, fraud detection and basic appraisal principles.
Updated October 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
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Explore JobArchitectFrequently Asked Questions About a Retail Loan Processor Salaries
What is the average of a Retail Loan Processor in Virginia Beach, VA?
The Retail Loan Processor salary range is from $36,310 to $53,024, and the average Retail Loan Processor salary is $44,361/year in Virginia Beach, VA.
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.
