Erdmann Loan Processing LLC Salary

Erdmann Loan Processing LLC Salary

How much does the Erdmann Loan Processing LLC Pay for employees?

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As of August 2026, the average hourly salary for employees at Erdmann Loan Processing LLC in the United States is $47. This translates to an approximate annual wage of $96,915. Salaries at Erdmann Loan Processing LLC typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company. Erdmann Loan Processing LLC’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Erdmann Loan Processing LLC

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Is Erdmann Loan Processing LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Erdmann Loan Processing LLC’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Erdmann Loan Processing LLC
Financial Services
Novel Home Loans
Kloch Ag LLC
Industry Comparison
Our data shows that, on average, compensation at Erdmann Loan Processing LLC is below the average for the U.S. Financial Services industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Erdmann Loan Processing LLC average annual salary with several similar companies. Erdmann Loan Processing LLC average salary of $96,915 is higher than Novel Home Loans, which has an average salary of $93,213. It is higher than Kloch Ag LLC, with their average salary at $80,829. This places Erdmann Loan Processing LLC in a competitive position among its peers.
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Companies Similar to Erdmann Loan Processing LLC and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Erdmann Loan Processing LLC. Click a company name to learn more.

Employee Reviews: Working at Erdmann Loan Processing LLC

Considering a career at Erdmann Loan Processing LLC? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It’s a steady job, and it is somehow one that fosters creativity. Despite its size the company maintains an agile, innovative mindset. Time limits are enforced. The company’s reputation in financial services is well-earned, and I’m excited to contribute to its future. The environment makes it easier to succeed.
Commented in May 31, 2025
34
2
Managers follow protocol closely but rarely push boundaries. It’s a place where careers flourish, and contributions truly matter. Teamwork drives strong performance. Managers generally maintain professionalism, but employee engagement varies by department. The organization maintains a stable work environment with clear expectations, but innovation is limited by bureaucratic procedures.
Commented in March 23, 2025
29
0
Work is structured and relatively stress-free. Positive team energy and clear communication make this a productive environment. Feedback is specific and constructive. With employees, there’s a rich mix of backgrounds, perspectives, and ideas. I’ve grown professionally here and feel consistently encouraged to contribute ideas and lead projects. A truly empowering work environment. Benefits are stan...
Commented in September 24, 2024
9
0
My experience has been nothing short of positive. Management is generally supportive to respond to concerns. Work-life balance varies by team and manager support. Internal promotions are common, with clear paths for advancement. I've built solid technical skills and meaningful relationships.
Commented in January 29, 2024
42
3

Erdmann Loan Processing LLC Overview

Website
Data pending, update soon.
Founded In
2005
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
8058 Washington St NE Spring Lake Park Minnesota MN 55432
Revenue
<$5 Million
Phone Number
-
Social Media
About Erdmann Loan Processing LLC
Erdmann Loan Processing LLC is a company that operates in the Financial Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Spring Lake Park, Minnesota.

What Benefits Does Erdmann Loan Processing LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Erdmann Loan Processing LLC offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Erdmann Loan Processing LLC.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Erdmann Loan Processing LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Erdmann Loan Processing LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Erdmann Loan Processing LLC

1. How much does an Erdmann Loan Processing LLC employee make?

Erdmann Loan Processing LLC pays its employees an average of $47 per hour. The average salary at Erdmann Loan Processing LLC range from $41 to $53 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Erdmann Loan Processing LLC?

The salary at Erdmann Loan Processing LLC is higher than the similar company. The average annual salary at Erdmann Loan Processing LLC is $96,915, or an hourly wage of $47, in comparison to Novel Home Loans which pays $93,213 per year or $45 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Erdmann Loan Processing LLC?

In many roles at Erdmann Loan Processing LLC, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a Erdmann Loan Processing LLC salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Erdmann Loan Processing LLC based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Erdmann Loan Processing LLC typically offer employees?

Erdmann Loan Processing LLC generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Erdmann Loan Processing LLC" section on this page.

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