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Banking Loan Processor Salary
in New York-Manhattan, New York

$49,955 (USD)

Average Salary


Average Hourly


Average Bonus

Salary Recap

The average pay for a Banking Loan Processor is $49,955 a year and $24 an hour in New York-Manhattan, New York, United States. The average salary range for a Banking Loan Processor is between $37,201 and $60,578. 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 New York-Manhattan, New York.

Average Salary Chart

Scroll for Salary Potential, Education and Skills

Job Summary

  • 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 New York-Manhattan, New York, United States

Job family: Loan Interviewers and Clerks

Job family population: 227,430

Estimated population of Banking Loan Processor jobs: 53,330

Rate of error: 1.6%

Salary Potential

Estimated salary in 2024:
5 Year Change:
16 %



About New York-Manhattan, New York

New York-Manhattan Cost of Living Score:

Banking Loan Processor Job Listings for New York-Manhattan, New York

Mortgage Loan Processor
Jun 3
Nanuet, NY, USA
Hudson United Mortgage
Hudson United Mortgage is the leading mortgage banker in the Hudson Valley & NJ. We are seeking a ... processing FHA loans. Excellent phone skills and the ability to multi-task is a must have. Work ...
Banking Paralegal -Required experience: Bank loan closing work -1 year
Apr 18
New York, NY, USA
Abrams Garfinkel Margolis Bergson LLP
Bank loan closing/settlement agent: AT LEAST 1 year DESCRIPTION Abrams, Garfinkel, Margolis ... Specific experience with processing and closing residential mortgage transactions as a settlement ...
Mortgage Loan Coordinator
May 22
Jersey City, New Jersey, USA
Description of the Position This individual will be an essential member of the Private Bank Residential Real Estate Operations team which is tasked with the end to end processing & closing of loans ...
3 Sr. Residential Processing Underwriters (Manhattan)
Apr 30
New York, NY, USA
Limitless Talent
Looking for 3 Residential Loan Processor / Jr. Underwriters for full time positions within our growing company. The bank has recently added a conforming and agency loan product to their current ...
Specialty Banking Relationship Manager - VP/SVP (NorthEast)
Jun 11
New York, United States
... bank loan alternatives.Employees desiring consideration should complete an online application, utilizing the appropriate process as subscribed by the posting entity. Employees should provide all ...
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