Loan Processor salary in Illinois

Average salary
$47,000/yr
Based on 261 income tax records
$24,500
$137,500
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$34K
 
$45K
 
$49K
 
$53K
 
$50K
$24,500
$137,500
How much do Loan Processors make?
The average total salary for a Loan Processor is $47,000 per year. This is based on data from 261 TurboTax users who reported their occupation as Loan Processor and includes taxable wages, tips, bonuses, and more. Loan Processor salary can vary between $24,500 to $137,500 depending on factors including education, skills, experience, employer & location. Read more
Learn more about Mint Salary
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

Employer
Average salary per year*
Salary range**
icon
Guaranteed Rate, Illinois
17 income tax records
$118,500/yr
$45K – $230K
icon
JPMorgan Chase, Illinois
12 income tax records
$61,500/yr
$48K – $81K

Loan Processor demographics in Illinois

single icon
65% are single
married icon
35% are married
have kids icon
44% have kids
own a home icon
48% own a home

Effective Tax Rates for Loan Processors in Illinois

261 full-time salaries from 2019
mint phone
Earn what you deserve.
Other loan processors track salary trends in Mint, you should too.
FAQS
The average salary for a loan processor in Illinois is $47,000 per year. Loan processor salaries in Illinois can vary between $24,500 to $137,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 261 tax returns from TurboTax customers who reported their occupation as loan processor.
*
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.