How much does a loan processor make?
Loan Processors in the US make on average $50,965 annually or $24.5 hourly. The top 10 percent of earners make over $91,000 annually, whereas the bottom 10 percent of earners make under $28,000 per year. Professional companies and Finance companies are the best when it comes to the number of employment opportunities. District of Columbia, Connecticut, Alaska, New York, and New Jersey are some of the states with the best Loan Processor salaries in the US. The typical tenure for a Loan Processor is 2.7 years.