Loan Processing Coordinator information
See salary details
$40.2K is the 25th percentile. Wages below this are outliers.
$38K - $41.1K
19% of jobs
$41.1K - $44.1K
17% of jobs
The median wage is $44.6K / yr.
$44.1K - $47.2K
21% of jobs
$47.2K - $50.2K
5% of jobs
$52.3K is the 75th percentile. Wages above this are outliers.
$50.2K - $53.3K
3% of jobs
$53.3K - $56.3K
2% of jobs
$56.3K - $59.4K
4% of jobs
$59.4K - $62.4K
6% of jobs
$62.4K - $65.5K
5% of jobs
$65.5K - $68.5K
6% of jobs
How much do loan processing coordinator jobs pay per year?
As of Aug 13, 2026, the average yearly pay for loan processing coordinator in the United States is $48,344.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $57,500.00 per year, depending on experience, location, and employer.
Loan Processing Coordinators are professionals who manage the administrative aspects of loan applications, ensuring that all necessary documentation is collected, accurate, and complete. They serve as a liaison between loan applicants, lenders, and underwriters, helping to facilitate a smooth and timely loan approval process. Their responsibilities often include reviewing application forms, verifying applicant information, and tracking loan progress from submission through closing. Attention to detail and strong organizational skills are essential for this role, as coordinators help prevent delays and ensure compliance with lending regulations.
Loan Processing Coordinators often encounter challenges such as managing tight deadlines, ensuring the accuracy of complex documentation, and coordinating communication between applicants, underwriters, and loan officers. Effective organization, keen attention to detail, and strong interpersonal skills are crucial for success in this role. Utilizing loan processing software and maintaining clear checklists can help streamline tasks, while proactive communication can minimize delays and errors. Being adaptable and solution-oriented also helps in addressing unexpected issues that may arise during the loan approval process.
A Loan Processing Coordinator needs a solid understanding of loan documentation, financial verification, and regulatory compliance, typically supported by a background in finance or banking. Familiarity with loan origination software (LOS), document management systems, and sometimes relevant certifications such as NMLS registration are commonly required. Attention to detail, strong organizational skills, and effective communication are essential soft skills in this role. These skills ensure accurate, timely processing of loan applications and smooth collaboration between clients, lenders, and underwriters.
More about Loan Processing Coordinator jobs What cities are hiring for Loan Processing Coordinator jobs?
Cities with the most Loan Processing Coordinator job openings:
What are the most commonly searched types of Loan Processing jobs?
The most popular types of Loan Processing jobs are:
Who are the top companies hiring for Loan Processing Coordinator jobs?
The top employers for Loan Processing Coordinator jobs are:
What states have the most Loan Processing Coordinator jobs?
States with the most job openings for Loan Processing Coordinator jobs include:
What job categories do people searching Loan Processing Coordinator jobs look for?
The top searched job categories for Loan Processing Coordinator jobs are:
