Loan Processor Salaries in Canada

Updated Aug. 4, 2022
$34,262 /yr
Average Base Pay

6 salaries

Not enough reports to show salary distribution

$24K

Low

$34K

Average

$48K

High

No additional cash compensation has been reported for this role

How much does a Loan Processor make? The national average salary for a Loan Processor is $34,262 in Canada. Filter by location to see Loan Processor salaries in your area. Salary estimates are based on 6 salaries submitted anonymously to Glassdoor by Loan Processor employees.

How accurate does $34,262 look to you?

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What is the salary trajectory for a Loan Processor?
$34,262 /yr
Loan Processor
$76,307 /yr
Senior Loan Processor
$47,581 /yr
Loan Processor IV
See Full Career Path

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What are some related job titles for a Loan Processor?

Credit Analyst

$53,101

per year

Loan Document Specialist

$43,431

per year

Mortgage Loan Processor

$45,581

per year

Underwriter

$59,079

per year

Salaries in Canada

Location

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Average Base Salary in (CAD)

Range

LendCare
2.8

LendCare

Loan Processor - Hourly

$19

 /hr
Range: $17 - $21

$17

$21

$17 - $21 Range

TD
4.0

TD

Loan Processor - Contractor
About 

$51K -$55K

$51K

$55K

$50,664 - $54,589 Range

CIBC
3.9

CIBC

Loan Processor - Hourly
About 

$21 -$23

 hourly

$21

$23

$21 - $23 Range

S&P Data Digital
3.2

S&P Data Digital

Loan Processor - Hourly
About 

$16 -$17

 hourly

$16

$17

$16 - $17 Range

Propel Holdings
4.3

Propel Holdings

Loan Processor - Hourly
About 

$14 -$16

 hourly

$14

$16

$14 - $16 Range

Mogo (Canada)
3.1

Mogo (Canada)

Loan Processor - Hourly
About 

$13 -$14

 hourly

$13

$14

$13 - $14 Range

Park West Professional Services
4.4

Park West Professional Services

Loan Processor - Hourly
About 

$19 -$21

 hourly

$19

$21

$19 - $21 Range

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Sumitomo Bakelite
2.9

Sumitomo Bakelite

Loan Processor - Hourly Contractor
About 

$21 -$23

 hourly

$21

$23

$21 - $23 Range

CIBC
3.9

CIBC

Mortgage Loan Processor
About 

$38K -$49K

$38K

$49K

$38,340 - $48,954 Range

HSBC
3.8

HSBC

Mortgage Loan Processor
About 

$50K -$58K

$50K

$58K

$50,069 - $57,935 Range

First Insurance Funding
3.7

First Insurance Funding

Loans Processing
About 

$63K -$68K

$63K

$68K

$63,012 - $68,492 Range

CIBC
3.9

CIBC

Mortgage Loan Processor - Contractor
About 

$35K -$38K

$35K

$38K

$34,792 - $37,523 Range

Manpower

Mortgage Loan Processor - Hourly
About 

$18 -$19

 hourly

$18

$19

$18 - $19 Range

CIBC
4.0

CIBC

Mortgage Loan Processor - Hourly
About 

$21 -$23

 hourly

$21

$23

$21 - $23 Range

MCAP
4.5

MCAP

Mortgage Loan Processor - Hourly Intern
About 

$16 -$17

 hourly

$16

$17

$16 - $17 Range

China Bank
3.7

China Bank

Mortgage Loan Processor - Hourly
About 

$14 -$16

 hourly

$14

$16

$14 - $16 Range

First Mortgage
3.9

First Mortgage

Mortgage Loan Processor - Contractor
About 

$48K -$52K

$48K

$52K

$47,914 - $52,417 Range

Tim Hortons
3.4

Tim Hortons

Commercial Loan Processor - Hourly
About 

$19 -$21

 hourly

$19

$21

$19 - $21 Range

Starbucks
3.8

Starbucks

Commercial Loan Processor
About 

$58K -$63K

$58K

$63K

$57,969 - $62,671 Range

University of British Columbia
4.3

University of British Columbia

Commercial Loan Processor
About 

$53K -$58K

$53K

$58K

$52,823 - $57,838 Range

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Frequently asked questions about a Loan Processor salaries

The national average salary for a Loan Processor is $34,262 per year in Canada. Filter by location to see a Loan Processor salaries in your area. Salaries estimates are based on 6 salaries submitted anonymously to Glassdoor by a Loan Processor employees.

The highest salary for a Loan Processor in Canada is $48,185 per year.

The lowest salary for a Loan Processor in Canada is $24,362 per year.