Best cities for a Loan Processor
The best cities for loan processors are Scottsdale, AZ, Las Vegas, NV, and Tucson, AZ, based on factors like average salary and job availability per capita. Jobs and pay for loan processors vary across the country, but we've determined the ten best cities for loan processors in the U.S.
Whether you're starting your career as a loan processor or considering a move, this list of the best cities for loan processors to live in will help you decide. These aren't just the best-paying cities for loan processors. We also consider how easy it is to find work as a loan processor. While the absolute best city for loan processors is Scottsdale, AZ, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for loan processors in 2024.
If you're looking for a Loan Processor job, here are five companies hiring now:
10 best cities for Loan processors In 2025
1. Scottsdale, AZ
Loan Processor Jobs in ScottsdaleTotal Loan Processor jobs: 10 Average annual salary: $42,590 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $59,000 Location quotient: 5.90 2. Las Vegas, NV
Loan Processor Jobs in Las VegasTotal Loan Processor jobs: 11 Average annual salary: $43,316 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $61,000 Location quotient: 2.87 3. Tucson, AZ
Loan Processor Jobs in TucsonTotal Loan Processor jobs: 9 Average annual salary: $42,438 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $58,000 Location quotient: 4.88 4. Reno, NV
Loan Processor Jobs in RenoTotal Loan Processor jobs: 3 Average annual salary: $43,452 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $61,000 Location quotient: 2.45 5. Greensboro, NC
Loan Processor Jobs in GreensboroTotal Loan Processor jobs: 3 Average annual salary: $41,261 Lowest 10 percent warn: $29,000 Highest 10 percent earn: $58,000 Location quotient: 2.42 6. Phoenix, AZ
Loan Processor Jobs in PhoenixTotal Loan Processor jobs: 21 Average annual salary: $42,638 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $59,000 Location quotient: 2.07 7. Laredo, TX
Total Loan Processor jobs: 1 Average annual salary: $40,201 Lowest 10 percent warn: $28,000 Highest 10 percent earn: $56,000 Location quotient: 4.14 8. Chandler, AZ
Loan Processor Jobs in ChandlerTotal Loan Processor jobs: 3 Average annual salary: $42,583 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $59,000 Location quotient: 1.86 9. Raleigh, NC
Loan Processor Jobs in RaleighTotal Loan Processor jobs: 7 Average annual salary: $41,828 Lowest 10 percent warn: $29,000 Highest 10 percent earn: $59,000 Location quotient: 1.65 10. Fort Worth, TX
Loan Processor Jobs in Fort WorthTotal Loan Processor jobs: 9 Average annual salary: $38,900 Lowest 10 percent warn: $27,000 Highest 10 percent earn: $54,000 Location quotient: 3.34
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Best cities for loan processors
- Scottsdale, AZ
- Las Vegas, NV
- Tucson, AZ
- Reno, NV
- Greensboro, NC
- Phoenix, AZ
- Laredo, TX
- Chandler, AZ
- Raleigh, NC
- Fort Worth, TX
Detailed list of the best cities for a Loan Processor
Rank  | City | Average Salary | Lowest 10% Earn | Population | Job Count |
|---|---|---|---|---|---|
| 1 | Scottsdale, AZ | $42,590 | $30,000 | 246,645 | 10 |
| 2 | Las Vegas, NV | $43,316 | $30,000 | 632,912 | 11 |
| 3 | Tucson, AZ | $42,438 | $30,000 | 530,706 | 9 |
| 4 | Reno, NV | $43,452 | $30,000 | 245,255 | 3 |
| 5 | Greensboro, NC | $41,261 | $29,000 | 287,027 | 3 |
| 6 | Phoenix, AZ | $42,638 | $30,000 | 1,615,017 | 21 |
| 7 | Laredo, TX | $40,201 | $28,000 | 257,156 | 1 |
| 8 | Chandler, AZ | $42,583 | $30,000 | 247,477 | 3 |
| 9 | Raleigh, NC | $41,828 | $29,000 | 458,880 | 7 |
| 10 | Fort Worth, TX | $38,900 | $27,000 | 854,113 | 9 |
| 11 | Pittsburgh, PA | $37,355 | $26,000 | 303,625 | 13 |
| 12 | Charlotte, NC | $40,474 | $29,000 | 842,051 | 12 |
| 13 | Indianapolis, IN | $37,222 | $26,000 | 855,164 | 11 |
| 14 | San Antonio, TX | $40,002 | $28,000 | 1,492,510 | 7 |
| 15 | Albuquerque, NM | $37,637 | $27,000 | 559,277 | 8 |
| 16 | Sacramento, CA | $46,031 | $32,000 | 495,234 | 14 |
| 17 | Henderson, NV | $43,283 | $30,000 | 292,969 | - |
| 18 | Virginia Beach, VA | $42,635 | $29,000 | 452,602 | 3 |
| 19 | Anchorage, AK | $39,901 | $32,000 | 298,192 | 4 |
| 20 | North Las Vegas, NV | $43,249 | $30,000 | 238,702 | - |
| 21 | Anaheim, CA | $45,505 | $32,000 | 351,043 | 5 |
| 22 | Austin, TX | $39,800 | $28,000 | 947,890 | 13 |
| 23 | Glendale, AZ | $42,658 | $30,000 | 245,895 | - |
| 24 | Dallas, TX | $38,815 | $27,000 | 1,317,929 | 16 |
| 25 | Long Beach, CA | $45,566 | $32,000 | 470,130 | 4 |
| 26 | Durham, NC | $41,782 | $29,000 | 263,016 | - |
| 27 | Memphis, TN | $36,125 | $26,000 | 652,717 | 3 |
| 28 | Gilbert, AZ | $42,564 | $30,000 | 237,133 | - |
| 29 | Portland, OR | $41,197 | $30,000 | 639,863 | 11 |
| 30 | Mesa, AZ | $42,559 | $30,000 | 484,587 | - |
| 31 | Houston, TX | $39,643 | $28,000 | 2,303,482 | 18 |
| 32 | Philadelphia, PA | $37,945 | $26,000 | 1,567,872 | 5 |
| 33 | Fresno, CA | $46,190 | $32,000 | 522,053 | 2 |
| 34 | Winston-Salem, NC | $40,996 | $29,000 | 242,203 | - |
| 35 | Fort Wayne, IN | $38,310 | $27,000 | 264,488 | - |
| 36 | Baltimore, MD | $44,708 | $31,000 | 614,664 | 13 |
| 37 | Oklahoma City, OK | $38,338 | $27,000 | 638,367 | 1 |
| 38 | Denver, CO | $40,937 | $30,000 | 693,060 | 39 |
| 39 | El Paso, TX | $40,584 | $29,000 | 683,080 | - |
| 40 | Wichita, KS | $37,658 | $27,000 | 389,902 | 1 |
| 41 | Minneapolis, MN | $36,864 | $27,000 | 413,651 | 29 |
| 42 | Irvine, CA | $45,424 | $32,000 | 266,122 | 10 |
| 43 | Irving, TX | $38,805 | $27,000 | 238,289 | 4 |
| 44 | Cleveland, OH | $35,727 | $25,000 | 385,809 | 3 |
| 45 | Buffalo, NY | $43,077 | $31,000 | 256,902 | 4 |
| 46 | Corpus Christi, TX | $39,955 | $28,000 | 325,733 | - |
| 47 | Detroit, MI | $37,438 | $26,000 | 672,795 | - |
| 48 | Newark, NJ | $44,734 | $31,000 | 281,764 | 1 |
| 49 | Tulsa, OK | $37,797 | $27,000 | 403,090 | - |
| 50 | Los Angeles, CA | $45,693 | $32,000 | 3,976,322 | 24 |
Highest paying cities for loan processors
| Rank | City | Avg. Loan Processor Salary |
|---|---|---|
| 1 | San Francisco, CA | $46,606 |
| 2 | Mount Laurel, NJ | $45,734 |
| 3 | New York, NY | $44,864 |
| 4 | Baltimore, MD | $44,708 |
| 5 | Las Vegas, NV | $43,316 |
| 6 | Seattle, WA | $42,818 |
| 7 | Phoenix, AZ | $42,638 |
| 8 | Richmond, VA | $42,350 |
| 9 | Raleigh, NC | $41,828 |
| 10 | Eugene, OR | $41,752 |
| 11 | Englewood, CO | $40,994 |
| 12 | San Antonio, TX | $40,002 |
| 13 | Boston, MA | $39,695 |
| 14 | Troy, MI | $37,380 |
| 15 | Pittsburgh, PA | $37,355 |
| 16 | Chicago, IL | $37,299 |
| 17 | Overland Park, KS | $37,292 |
| 18 | Indianapolis, IN | $37,222 |
| 19 | Tampa, FL | $36,951 |
| 20 | Minneapolis, MN | $36,864 |
Loan Processor best cities FAQs
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Updated January 8, 2025