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Mint salarieschevron right iconLoan Processorchevron right iconIllinois

Loan Processor salary in Illinois

Average salary
$43,500/yr
Based on 267 income tax records
Total salary range: is $33,000 - $59,000
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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

greyed out histogram
Not enough histogram data
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?
The average total salary for a Loan Processor is $43,500 per year. This is based on data from 267 TurboTax users who reported their job as Loan Processor and includes taxable wages, tips, bonuses, and more. Loan Processor salary can vary between $21,500 to $130,000 depending on factors including education, skills, experience, employer & location. Read more
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Loan Processor salary by location

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Location
Average salary per year*
Salary range**

Loan Processor salary by company

Employer
Average salary per year*
Salary range**
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Guaranteed Rate, Illinois
13 income tax records
$131,500/yr
$102K – $164K
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JPMorgan Chase, Illinois
11 income tax records
$52,000/yr
$49K – $62K

Loan Processor demographics in Illinois

single icon
68% are single
married icon
32% are married
have kids icon
42% have kids
own a home icon
43% own a home

Loan Processor salaries by age in Illinois

$0
$14,250
$28,500
$42,750
$57,000
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Loan Processors in Illinois

267 full-time salaries from 2019
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FAQS
The average salary for a loan processor in Illinois is $43,500 per year. Loan processor salaries in Illinois can vary between $21,500 to $130,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
This data is exclusive to Mint Salary and is based on 267 tax returns from TurboTax customers who reported their occupation as loan processor.
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*
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.