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Loan processor salary in United States

How much does a Loan Processor make in the United States?

Average base salary

$22.29
Average $22.29
Low $16.05
High $30.95

The average salary for a loan processor is $22.29 per hour in the United States. 1.2k salaries taken from job postings on Indeed in the past 36 months (updated October 9, 2026).

Loan Processor job openings in United States

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Loan Processor - Traditional
GreenStone Farm Credit Services3.8out of 5 stars.
Ann Arbor, MI
1 week ago

Highest paying companies for Loan Processor in United States

Average year pay is based on job postings on Indeed in the past 36 months.
Texana Bank
 
$125,000per year
View company
Celebree School
 
$122,500per year
NewMortgage.com
 
$120,500per year
Financial Institution
 
$119,600per year
Global Equity Finance
 
$115,000per year
General mortgage Capital Corpo...
 
$97,500per year

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Highest paying cities for Loan Processors near United States

  1. Los Angeles, CA
    $24.69 per hour
  2. Raleigh, NC
    $23.24 per hour
  3. Irvine, CA
    $22.56 per hour
  4. Miami, FL
    $22.31 per hour
  5. Chicago, IL
    $20.38 per hour

Where can a Loan Processor earn more?

Compare salaries for Loan Processors in different locations
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Frequently Asked Questions (FAQs) about Loan Processor

The average salary for a Loan Processor is $22.29 per hour in the United States. This figure is based on 1.2k salaries taken from job postings on Indeed in the past 36 months, last updated on October 9, 2026.

Loan Processor jobs on Indeed - find your next one today.

Loan Processor salaries typically range between a low of $16.05 and a high of $30.95 per hour, depending on experience, location, and the hiring company.

Some of the highest-paying cities for Loan Processor include Los Angeles, CA at $24.69 per hour, Raleigh, NC at $23.24 per hour, and Irvine, CA at $22.56 per hour.

Based on recent job postings on Indeed, some of the top-paying companies for Loan Processor include Texana Bank ($125,000 per year) and Celebree School ($122,500 per year).

Compensation can vary based on the specific niche and level of responsibility within the field. Here is how the average Loan Processor salary compares to related positions:

  • Junior Loan Processor: Average $21.17 per hour
  • Senior Loan Processor: Average $62,323 per year

How much do similar professions as Loan Processor get paid in United States?

Junior Loan Processor

Job openings
Average $21.17 per hour