As of May 01, 2026, the average annual salary for Junior Loan Processor in Springfield, MA is $58,387, equivalent to $28 per hour, $1,123 weekly, or $4,866 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Junior Loan Processor in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Junior Loan Processor in Springfield, MA vary widely, spanning from $49,923 to $69,558. Most professionals fall between the 25th percentile ($53,957) and 75th percentile ($64,234), while top earners (90th percentile) make $69,558 per year. This $10,277 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 5.2% higher than national averages. However, Springfield currently ranks 260 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 $49,923 Springfield, MA May 01, 2026
25th Percentile Junior Loan Processor Salary $53,957 Springfield, MA May 01, 2026
50th Percentile Junior Loan Processor Salary $58,387 Springfield, MA May 01, 2026
75th Percentile Junior Loan Processor Salary $64,234 Springfield, MA May 01, 2026
90th Percentile Junior Loan Processor Salary $69,558 Springfield, MA May 01, 2026
25% $53,957 10% $49,923 90% $69,558 75% $64,234 $58,387 50%(Median) Didn’t find job title? Click
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Check out Junior Loan Processor jobs in Springfield, Massachusetts

Consumer Loan Processor

Mass Bay Credit Union - Boston, MA

Loan Processor

CrossCountry Mortgage - Boston, MA

Sr. Loan Processor

CrossCountry Mortgage - Boston, MA

Mortgage Loan Processor

Millbury Federal Credit Union - Worcester, MA

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Junior Loan Processor

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Average Base Salary

Core compensation

 
 
 
53957
64234
58387

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50005
65763
56997
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 $53,957 to $64,234 with the average base salary of $58,387. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,005 to $65,763 with the average total cash compensation of $56,997.

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53957
64234

 

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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