103Loan Processor Profiles
listed with us
Explore how much you can earn
Loan Processor salary in Chicago,IL
How much can you earn as a Loan Processor in Chicago,IL?Loan Processor in Chicago, IL earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Loan Processor typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – Loan Processor Chicago, IL
The loan processing industry in Chicago, IL offers competitive salaries that are influenced by various factors such as experience level, skills, and the size and reputation of the employer. This salary overview provides a comprehensive understanding of the average salaries and total compensation packages for Loan Processors in Chicago, IL as of 2026.
| Percentiles | Average Salary (USD) | Total Compensation (USD) |
|---|---|---|
| 25th Percentile | $50,000 | $60,000 |
| 50th Percentile (Median) | $70,000 | $80,000 |
| 75th Percentile | $90,000 | $100,000 |
Loan Processor Salary by Experience Level
Experience plays a vital role in determining the salary of a Loan Processor. Below is a clear representation of how experience influences the total compensation for a Loan Processor in Chicago, IL.
| Experience Level | Estimated Total Compensation (USD) |
|---|---|
| 0-2 Years | $45,000 - $55,000 |
| 3-5 Years | $60,000 - $75,000 |
| 6-10 Years | $80,000 - $95,000 |
| 10+ Years | $100,000 - $120,000 |
Related Roles & Salaries
Below are some roles that are closely related to the Loan Processor position along with their typical salary ranges in Chicago, IL.
| Related Role | Typical Salary Range (USD) |
|---|---|
| Mortgage Loan Officer | $60,000 - $80,000 |
| Loan Underwriter | $70,000 - $90,000 |
| Loan Servicing Specialist | $50,000 - $70,000 |
| Credit Analyst | $55,000 - $75,000 |
| Loan Administration Manager | $80,000 - $100,000 |
107Loan Processor Jobs
posted with us
Are you looking for a Job or Hiring Experts?Get right matches acros various industries!Get Started Now!
