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Banking Loan Processor Salary
in Arkansas, United States

$36,962 (USD)

Average Salary

$18/hr

Average Hourly

$765

Average Bonus

Salary Recap

The average pay for a Banking Loan Processor is $36,962 a year and $18 an hour in Arkansas, United States. The average salary range for a Banking Loan Processor is between $27,524 and $44,821. On average, a Bachelor's Degree is the highest level of education for a Banking Loan Processor. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Arkansas, United States.

Average Salary Chart

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Job Summary

Description:
  • Performs clerical and administrative support activities related to obtaining loans for borrowers.
  • Prepares papers and assembles documents to obtain loans for borrowers.
  • Forwards applications for loans, construction plans, credit ratings, and other related documents to loan company for approval.
  • Draws up closing papers.
  • Records deeds with title company and municipal authorities.

Salary Potential

Estimated salary in 2024:
$42,849
5 Year Change:
16 %

Education

Skills

Banking Loan Processor Job Listings for Arkansas, United States

Mortgage Banking Managers
Jan 3
Little Rock, AR, USA
Finance of America Mortgage
Single Loan Origination System - From Application to Funding accessible from anywhere you are ... In-house Processing, Underwriting, Closing and Funding - available at branch level * Right-sized ...
Personal Banker
Jan 21
Rogers, AR, USA
UNIFY Financial Credit Union
You will enjoy wide exposure to underwriters, compliance personnel, loan processors and others, earning knowledge and understanding of the banking industry, if you don't already know it. You can ...
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