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This question is about processor salaries and loan processor salaries.
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)
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