▼31%
$21.77
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$14.09
MEDIAN
$21.77
90%
$30.99
The average hourly pay for a Loan Assistant is $21.77 in 2025
Hourly Rate
$14 - $31
Bonus
$512 - $8k
Total Pay
$30k - $85k
Is Average Late-Career Loan Assistant with Loan Processing Skills Hourly Pay your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Loan Assistants?
What Do Loan Assistants Do?
Loan Assistant Tasks
- Complete due diligence and basic paperwork on loan applications, contracts and renewals.
- Return phone calls and answer questions, including about the status of loans.
- Facilitate contract signings and closings, complying with all applicable laws.
- Assist loan officers and collections with creating, collecting, and processing paperwork.
Find your market worth – how it works:
Common Health Benefits for a Loan Assistant
Medical
71%
Dental
71%
Vision
71%
None
29%
Gender Breakdown for Loan Assistants
Female
100.0%
This data is based on 6 survey responses. Learn more about the gender pay gap.
FAQs About Loan Assistants
What is the highest pay for Loan Assistants?
Our data indicates that the highest pay for a Loan Assistant is $30.99 / hour
What is the lowest pay for Loan Assistants?
Our data indicates that the lowest pay for a Loan Assistant is $14.09 / hour
How can Loan Assistants increase their salary?
Increasing your pay as a Loan Assistant is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Assistant that oversees more junior Loan Assistants, this experience can increase the likelihood to earn more.