As of January 01, 2026, the average annual salary for Junior Loan Processor in Springfield, MA is $58,622, equivalent to $28 per hour, $1,127 weekly, or $4,885 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Junior Loan Processor in cities like Santa Clara, San Jose, and Fremont.

Annually Salaries for Junior Loan Processor in Springfield, MA vary widely, spanning from $50,113 to $69,838. Most professionals fall between the 25th percentile ($54,168) and 75th percentile ($64,492), while top earners (90th percentile) make $69,838 per year. This $10,324 pay gap underscores opportunities for salary growth through certifications, specialized skills like Customer Service or Loan Review, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Springfield Junior Loan Processor often earn 4.8% higher than national averages. However, Springfield currently ranks 253 statewide for Junior Loan Processor job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Junior Loan Processor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Junior Loan Processor Salary $50,113 Springfield, MA January 01, 2026
25th Percentile Junior Loan Processor Salary $54,168 Springfield, MA January 01, 2026
50th Percentile Junior Loan Processor Salary $58,622 Springfield, MA January 01, 2026
75th Percentile Junior Loan Processor Salary $64,492 Springfield, MA January 01, 2026
90th Percentile Junior Loan Processor Salary $69,838 Springfield, MA January 01, 2026
25% $54,168 10% $50,113 90% $69,838 75% $64,492 $58,622 50%(Median) Didn’t find job title? Click
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Check out Junior Loan Processor jobs in Springfield, Massachusetts

Loan Processor

CrossCountry Mortgage, LLC - Boston, MA

Consumer Loan Processor

Mass Bay Credit Union - Boston, MA

Loan Processor/Quality Control

Vaco Recruiter Services - Wakefield, MA

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Junior Loan Processor

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Job Openings for Junior Loan Processor in Springfield, MA

Career Path for this job

  1. This Job:

    Junior Loan Processor

    1 - 3 years experience
    Associate's Degree

  2. Up a level:

    Loan Processing Assistant Manager

    3 - 5 years experience
    Bachelor's Degree

Understand the total compensation opportunity for a Junior Loan Processor, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
54168
64492
58622

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48957
65541
56369
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Junior Loan Processor in Springfield, MA. The base salary for Junior Loan Processor ranges from $54,168 to $64,492 with the average base salary of $58,622. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,957 to $65,541 with the average total cash compensation of $56,369.

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54168
64492

 

About Springfield, Massachusetts    Springfield is located at 42°6′45″N 72°32′51″W / 42.11250°N 72.54750°W / 42.11250; -72.54750 (42.112411, −72.547455). According to the United State....More

Springfield, Massachusetts  area prices were up 1.6% from a year ago

Junior Loan Processor Salary in popular cities: BostonWorcesterLowell

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