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Loan processor salary in Maryland

How much does a Loan Processor make in Maryland?

Average base salary

$23.24
same
as national average
Average $23.24
Low $18.30
High $29.53

The average salary for a loan processor is $23.24 per hour in Maryland. 14 salaries taken from job postings on Indeed in the past 36 months (updated August 27, 2026).

Loan Processor job openings in Maryland

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Loan Processor
Sunny Lending, LLC3out of 5 stars.
Gaithersburg, MD
$50,000 - $100,000 a year
Full-time
4 years ago

Highest paying companies for Loan Processor in Maryland

Average year pay is based on job postings on Indeed in the past 36 months.
Celebree School
 
$122,500per year
View company
Tower Federal Credit Union
 
$70,190per year
Federal Hill Mortgage
 
$65,000per year
TriSource
 
$63,000per year
Best Management
 
$62,500per year
NVR, Inc
 
$60,200per year

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Highest paying cities for Loan Processors near Maryland

  1. Sparks Glencoe, MD
    $22.81 per hour
  2. Frederick, MD
    $22.43 per hour
  3. Baltimore, MD
    $20.45 per hour
  4. White Marsh, MD
    $20.45 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 $23.24 per hour in Maryland. This figure is based on 30 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 in Maryland typically range between a low of $15.00 and a high of $26.17 per hour, depending on experience and the hiring company.

Some of the highest-paying cities for Loan Processor in Maryland include Sparks Glencoe, MD at $22.81 per hour, Frederick, MD at $22.43 per hour, and Baltimore, MD at $20.45 per hour.

Based on recent job postings on Indeed, some of the top-paying companies for Loan Processor in Maryland include Celebree School ($122,500 per year) and Tower Federal Credit Union ($70,190 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 in Maryland compares to related positions:

  • Junior Loan Processor: Average $23.60 per hour
  • Senior Loan Processor: Average $67,692 per year

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

Junior Loan Processor

Job openings
Average $23.60 per hour