Loan Processing Supervisor Salary in the United States

How much does a Loan Processing Supervisor make hourly in the United States? The average hourly wage for a Loan Processing Supervisor in the United States is $29 as of April 26, 2022, but the range typically falls between $25 and $32. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

Supervises the day-to-day loan processing operations involved with the origination and documentation of various types of loans. Implements processes and procedures to maintain accuracy and completeness of required documentation. Tracks team performance against established metrics and standards for speed, quality, and customer service. Performs quality checks and resolves issues. Prepares reporting for internal departments and external agencies. Participates in audit requests and processes. Delivers new hire and team training. Provides updates on policy and regulatory requirements and changes. May require an associate degree or equivalent. Typically reports to a manager. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2022 Salary.com)

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Understand the total hourly compensation opportunity for a Loan Processing Supervisor, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
25
32
29

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
26
36
30
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Loan Processing Supervisor in the United States. The average hourly rate for Loan Processing Supervisor ranges from $25 to $32 with the average hourly pay of $29. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $26 to $36 with the average total hourly cash compensation of $30.
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25
32

 

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