Frequently asked questions about Loan Processor salaries
The average salary for Loan Processor is SGD 4,626 per year or SGD 2 per hour, with top earners making up to SGD 5,353 (90th percentile). Typically, pay ranges from SGD 3,850 (25th percentile) to SGD 5,178 (75th percentile) annually. Salary estimates are based on 4 salaries submitted anonymously to Glassdoor by Loan Processor employees.
The highest salary for Loan Processor is SGD 5,178 per year, SGD 431 per month or SGD 2 per hour.
The lowest salary for Loan Processor is SGD 3,850 per year, SGD 321 per month or SGD 2 per hour.
Loan processors or mortgage processors earn salaries around slightly under the national average, with potential to rise with seniority and experience. While both businesses and individuals will continue to seek credit seek for commercial investments and personal spending, the decline of branch banks will tame demand. Successful loan processors can move into bank manager positions. Those based in Watford, Manchester, Northwich, and Norwich tend to earn the highest salaries in the country.