Loan Processor salary in the United States

Average salary
Based on 8,510 income tax records
Average salary by age
How much do Loan Processors make?
The average total salary for a Loan Processor is $48,500 per year. This is based on data from 8,510 TurboTax users who reported their occupation as Loan Processor and includes taxable wages, tips, bonuses, and more. Loan Processor salary can vary between $22,500 to $114,000 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Loan Processor salary by location

Loan Processor salary by company

Average salary per year*
Salary range**
icon, Maricopa County, AZ
23 income tax records
$44K – $156K
United Services Automobile Association, Bexar County, TX
11 income tax records
$54K – $85K
Wells Fargo, Mecklenburg County, NC
11 income tax records
$48K – $73K
JPMorgan Chase, Maricopa County, AZ
29 income tax records
$39K – $86K
Navy Federal Credit Union, Santa Rosa County, FL
18 income tax records
$34K – $84K
Vanderbilt Mortgage Finance, Blount County, TN
12 income tax records
$37K – $51K
Suncoast Credit Union, Hillsborough County, FL
11 income tax records
$21K – $59K
Isgn Solutions, Brevard County, FL
13 income tax records
$31K – $58K

Loan Processor demographics in United States

single icon
59% are single
married icon
41% are married
have kids icon
43% have kids
own a home icon
52% own a home

Effective Tax Rates for Loan Processors in United States

8,510 full-time salaries from 2019
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Earn what you deserve.
Other loan processors track salary trends in Mint, you should too.
The average salary for a loan processor in the United States is $48,500 per year. Loan processor salaries in the United States can vary between $22,500 to $114,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 8,510 tax returns from TurboTax customers who reported their occupation as loan processor.

The following companies offer the highest salaries for loan processors in the United States: ($81,000 a year), United Services Automobile Association ($70,500 a year), and Wells Fargo ($63,500 a year).

The following cities offer the highest salaries for loan processors in the United States: San Francisco Metro Area, CA ($69,000 a year), Seattle Metro Area, WA ($65,500 a year), and New York Metro Area, NY ($63,500 a year).
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
Total salary ranges shown here exclude outliers.