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Banking Loan Processor Salary
in Vermont, United States

$41,721 (USD)

Average Salary

$20/hr

Average Hourly

$864

Average Bonus

Last updated: April 20, 2019

Salary Recap

The average pay for a Banking Loan Processor is $41,721 a year and $20 an hour in Vermont, United States. The average salary range for a Banking Loan Processor is between $31,069 and $50,593. 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 Vermont, 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.
Banking Loan Processor Job Prevalence in Vermont, 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:
$48,366
5 Year Change:
16 %

Education

Skills

Banking Loan Processor Job Listings for Vermont, United States

Credit Card Servicing Specialist
Apr 14
Burlington, United States
People's United Bank
... branches, loan officers, and customers for completeness and appropriateness prior to set up. Detects and suggests potential feature enhancements for the customer during this process. Processes ...
Mortgage Originator
Apr 10
us
Vermont Federal Credit Union
Interact closely with loan processors, underwriters, and closer to achieve goals in approval times and member satisfaction. Job Requirements: * At least two years' experience in mortgage banking or ...
Mortgage Originator
Apr 4
Burlington, VT, USA
Vermont Federal Credit Union
Interact closely with loan processors, underwriters, and closer to achieve goals in approval times and member satisfaction. Job Requirements: * At least two years' experience in mortgage banking or ...
Finance and Insurance Manager
Feb 28
Rutland, VT, USA
Rutland Auto Group
Coordinate the approval process for all loans and lines of credit * Oversee the flow of cash and ... Knowledge of common banking practices * Strong leadership qualities * Ability to work under ...
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