This question is about processor salaries and loan processor salaries.

How much does an entry-level loan processor make?

By Zippia Team - Dec. 17, 2021

An entry-level loan processor makes $47,138 annually. The range is between $26,000 and $69,000 a year. Factors such as company type and location impact how much an entry-level loan processor can make.

Company Type and Pay Rate for Entry-Level Loan Processors:

  • TCF - $39,478 a year (range: $38K - $41K)

  • Enova - $41,289 a year (range $40K - $43K)

  • Movement Mortgage - $44,689 a year (range: $43K -$47K)

  • Cardinal Financial Company - $39,924 a year (range: $38K -$41K)

Highest-Paying Cities for Entry-Level Loan Processor Positions:

  • San Francisco, CA - $45,538 a year ($21.89/hr)

  • Fremont, CA - $43,685 a year ($21.00/hr)

  • San Jose, CA - $42,600 a year ($20.48/hr)

  • Oakland, CA - $42,129 a year ($20.25/hr)

  • Tanaina, AK - $41,996 a year ($20.19/hr)

  • Wasilla, AK - $41,996 a year ($20.19/hr)

  • Sunnyvale, CA - $41,318 a year ($19.86/hr)

  • Hayward, CA - $41,247 a year ($19.83/hr)

  • Jackson, WY - $41,074 a year ($19.75/hr)

  • Norwalk, CT - $41,004 a year ($19.71/hr)

How much does an entry-level loan processor make?

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