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Loan Processor salary in Grand Rapids Metro Area, MI

Average salary
$47,500/yr
Based on 23 income tax records
$25,000
$66,000
DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

$25,000
$66,000
DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

How much do Loan Processors make?question mark icon
The average salary for a Loan Processor in Grand Rapids Metro Area, MI is $47,500 per year. These insights are exclusive to Mint Salary and are based on 23 tax returns from TurboTax customers who reported this type of occupation. Loan Processor salaries in Grand Rapids Metro Area, MI can vary between $25,000 to $66,000 and depend on various factors, including skills, experience, employer, bonuses, and more. Read more
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Loan Processor salary by city

Location
Average salary per year
Salary range
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Chicago, IL
36 income tax records
$47,000/yr
$33K – $53K
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Milwaukee, WI
22 income tax records
$38,500/yr
$25K – $44K
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Indianapolis, IN
11 income tax records
$37,500/yr
$30K – $55K

Loan Processor salary by company

Employer
Average salary per year
Salary range

Loan Processor demographics in Grand Rapids Metro Area, MI

single icon
61% are single
married icon
39% are married
have kids icon
60% have kids
own a home icon
56% own a home

Loan Processor salaries by age

$0
$12,250
$24,500
$36,750
$49,000
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Loan Processors in Grand Rapids Metro Area, MI

23 full-time salaries from 2019
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FAQS
The average salary for a loan processor in Grand Rapids Metro Area, MI is $47,500 per year. Loan processor salaries in Grand Rapids Metro Area, MI can vary between $25,000 to $66,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 23 tax returns from TurboTax customers who reported their occupation as loan processor.

The following cities offer the highest salaries for loan processors near Grand Rapids Metro Area, MI: Chicago, IL ($47,000 a year), Milwaukee, WI ($38,500 a year), and Indianapolis, IN ($37,500 a year).
*Total salary amounts here include total taxable wages, tips, prizes and other compensation. Learn more
**Total salary ranges shown here exclude outliers.