(800) 627 3697 info.eri@erieri.com
Are you working in compensation or HR? See our salary, cost-of-living, and executive pay applications in action. Try our free salary assessor demo.

Banking Loan Processor Salary
in Columbus, Ohio

$42,529 (USD)

Average Salary

$20/hr

Average Hourly

$880

Average Bonus

Last updated: December 07, 2019

The average pay for a Banking Loan Processor is $42,529 a year and $20 an hour in Columbus, Ohio, United States. The average salary range for a Banking Loan Processor is between $31,670 and $51,573. 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 Columbus, Ohio.

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.

Average Salary Chart

Customize:

Get a free Salary Report tailored to your job title, experience and location

 
arrow_downward
Scroll for Salary Potential, Education and Skills
arrow_downward
Are you an HR Professional?
Try our salary assessor and find out how much you should be paying
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 Columbus, Ohio, 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:
$49,303
5 Year Change:
16 %
Customize:

Get a free Salary Report tailored to your job title, experience and location

 

Are you an Employer?

Free Salary Assessor Product Demo

About Columbus, Ohio

Columbus Cost of Living Score:

Description: Columbus is the state capital and the most populous city in the U.S. state of Ohio. With a population of 892,533 as of 2018 estimates, it is the 14th-most populous city in the United States and one of the fastest growing large cities in the nation. This makes Columbus the second-most populous city in the Midwest (after Chicago, Illinois). It is the core city of the Columbus, OH Metropolitan Statistical Area, which encompasses ten counties. With a population of 2,078,725, it is Ohio's second-largest metropolitan area. Columbus is the county seat of Franklin County. The municipality has also annexed portions of adjoining...

Banking Loan Processor Job Listings for Columbus, Ohio

Universal Banker
Nov 22
Delaware, OH, USA
FIDELITY FED SAVINGS & LOAN ASSN
Perform transactions which include, but are not limited to, processing customer transactions ... Refers loan to a committee for approval. * Ensures loan agreements are complete and accurate
Chief Credit Officer
Nov 20
Columbus, OH, USA
Fahey Bank
... Bank's loan portfolio. Candidate will oversee the Banks commercial credit and collection policies, procedures, and processes ensuring appropriate mitigation of risk. A minimum of eight years ...
Commercial Lending Team Leader
Oct 1
Hilliard, Ohio, USA
First Federal Bank
... loan processing and retail. * Serve as a liaison and leader between lending staff and credit to ... the bank. * Provide on-going service to existing clients and branch personnel regarding loan ...
Business Banking Underwriter III--Practice Finance
Sep 19
Columbus, United States
Huntington
Documents the detail and requirements of loan decisions, including conditions to close ... Establishes or works with management to develop effective controls and processes to ensure risks ...
Customer Service and Sales - NOW HIRING
Nov 19
Columbus, OH, USA
CVM
... sales procedures and processes. * Completes various logs and reports related to records ... Bank, banker, banking, loan, mortgage, loan officer, mortgage officer, financial rep, customer ...

The average pay for a Banking Loan Processor is $42,529 a year and $20 an hour in Columbus, Ohio, United States. The average salary range for a Banking Loan Processor is between $31,670 and $51,573. 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 Columbus, Ohio.

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.

Are you an Employer?

Free Salary Assessor Product Demo

Salaries By Location

Banking Loan Processor
Banking Loan Processor
Visit our white paper page

Download white papers like our popular quarterly national compensation forecast report.

Similar Job Titles

Banking Loan Processor
Banking Loan Processor
Explore our most popular jobs
View our most popular salary searches and other resources
Universal Banker
Nov 22
Delaware, OH, USA
FIDELITY FED SAVINGS & LOAN ASSN
Perform transactions which include, but are not limited to, processing customer transactions ... Refers loan to a committee for approval. * Ensures loan agreements are complete and accurate
Chief Credit Officer
Nov 20
Columbus, OH, USA
Fahey Bank
... Bank's loan portfolio. Candidate will oversee the Banks commercial credit and collection policies, procedures, and processes ensuring appropriate mitigation of risk. A minimum of eight years ...
Explore our most popular jobs
View our most popular salary searches and other resources