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Banking Loan Processor Salary
in Sacramento, California

$46,969 (USD)

Average Salary

$23/hr

Average Hourly

$972

Average Bonus

Last updated: December 06, 2019

The average pay for a Banking Loan Processor is $46,969 a year and $23 an hour in Sacramento, California, United States. The average salary range for a Banking Loan Processor is between $34,977 and $56,957. 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 Sacramento, California.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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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.
Banking Loan Processor Job Prevalence in Sacramento, California, United States

Job family: Loan Interviewers and Clerks

Job family population: 222,620

Estimated population of Banking Loan Processor jobs: 52,202

Rate of error: 1.6%

Estimated salary in 2024:
$54,450
5 Year Change:
16 %
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About Sacramento, California

Sacramento Cost of Living Score:

Description: Sacramento ( SAK-rə-MEN-toh; Spanish: [sakɾaˈmento]; Spanish for "sacrament") is the capital city of the U.S. state of California and the seat of Sacramento County. Located at the confluence of the Sacramento River and the American River in Northern California's Sacramento Valley, Sacramento's estimated 2018 population of 501,334 makes it the sixth-largest city in California and the ninth largest capital in the United States. Sacramento is the seat of the California Legislature and the Governor of California, making it the state's political center and a hub for lobbying and think tanks. Sacramento is also the cultural...

Banking Loan Processor Job Listings for Sacramento, California

Mortgage Loan Processor
Oct 18
Folsom, CA, USA
snapfi, inc.
San Jose, CA Fast paced Mortgage Banker has IMMEDIATE opening for experienced Loan Processor Job Description: • Review and assist MLO on incoming loan applications, provide feedback on prospect or ...
Mortgage Loan Officer
Nov 21
Sacramento, CA, USA
JobTracks, Inc.
Prepares, analyzes, processes and documents all required forms and related documents for real ... Bachelor's degree preferred * 2+ years relevant experience in mortgage, banking or other relevant ...
Mortgage Processor
Oct 2
Sacramento, CA, USA
PRIME TIME MORTGAGE CORP.
Approving or rejecting loans. * Ensuring compliance with banking regulations. * Submitting a detailed loan package to the Underwriting department. Mortgage Processor Requirements: * 5+ years of ...
Customer Service Manager
Nov 20
us
Suncrest Bank
... loan activity. Core Responsibilities: * Monitor and maintain Branch operations by initiating ... In-depth knowledge of principals and processes of banking and for providing customer and personal ...
Bilingual Cashier Bank Teller
Dec 2
Napa, CA, USA
JobTracks
Process share deposit payments, loan payments and account transfers. * Open new membership accounts. * Address member inquiries about services and about their accounts. * Post and Log night, ATM and ...
See More

The average pay for a Banking Loan Processor is $46,969 a year and $23 an hour in Sacramento, California, United States. The average salary range for a Banking Loan Processor is between $34,977 and $56,957. 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 Sacramento, California.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.

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Salaries By Location

Banking Loan Processor
Abbotsford, Canada$50k Columbus, OH$43k San Antonio, TX$39k
Banking Loan Processor
Abbotsford, Canada$50k Columbus, OH$43k San Antonio, TX$39k
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Similar Job Titles

Banking Loan Processor
Banking Disbursement Clerk$46k Banking Loan Clerk$41k Banking Loan Closer$48k
Banking Loan Processor
Banking Disbursement Clerk$46k Banking Loan Clerk$41k Banking Loan Closer$48k
Explore our most popular jobs
View our most popular salary searches and other resources
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Mortgage Loan Processor
Oct 18
Folsom, CA, USA
snapfi, inc.
San Jose, CA Fast paced Mortgage Banker has IMMEDIATE opening for experienced Loan Processor Job Description: • Review and assist MLO on incoming loan applications, provide feedback on prospect or ...
Mortgage Loan Officer
Nov 21
Sacramento, CA, USA
JobTracks, Inc.
Prepares, analyzes, processes and documents all required forms and related documents for real ... Bachelor's degree preferred * 2+ years relevant experience in mortgage, banking or other relevant ...
See More
Explore our most popular jobs
View our most popular salary searches and other resources
View

ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.