Home > Salary > Australia > Loan Processor Clerk
A loan processor clerk is responsible for supporting the loan processing team in a financial institution or mortgage company. Their main duties include reviewing loan applications, verifying applicant information, and ensuring all required documents are complete and accurate. They play a crucial role in the loan approval process by organizing and maintaining loan files, preparing loan documents, and submitting loan packages to underwriters for review. Loan processor clerks also communicate with borrowers, lenders, and other parties involved to obtain missing information or resolve any discrepancies. Attention to detail, strong organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
Estimated Yearly Salary: 79,311 AUD
Estimated Monthly Salary: 6,609 AUD
Estimated Weekly Salary: 1,525 AUD per week
Estimated Hourly Salary: 38 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,367 AUD
Estimated Weekly Salary: 1,469 AUD per week
Estimated Hourly Salary: 37 AUD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 39,393 USD
Estimated Monthly Salary: 3,283 USD
Estimated Weekly Salary: 758 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 79,311 AUD
Estimated Monthly Salary: 6,609 AUD
Estimated Weekly Salary: 1,525 AUD per week
Estimated Hourly Salary: 38 AUD per hour
By working as Loan Processor Clerk a person can save up to 866 USD per month or 10,387 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Loan Processor Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Loan Processor Clerk salary in Australia
Average Yearly Salary of Loan Processor Clerk in Australia is approximately 79,311 AUD (39,393 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Processor Clerk do?
A loan processor clerk is responsible for supporting the loan processing team in a financial institution or mortgage company. Their main duties include reviewing loan applications, verifying applicant information, and ensuring all required documents are complete and accurate. They play a crucial role in the loan approval process by organizing and maintaining loan files, preparing loan documents, and submitting loan packages to underwriters for review. Loan processor clerks also communicate with borrowers, lenders, and other parties involved to obtain missing information or resolve any discrepancies. Attention to detail, strong organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
Skills: loan processor, loan clerk, loan processing, financial institution, mortgage company, loan approval process.
Job industry: Finance
Job industry: Finance
How much does Loan Processor Clerk make?
Salary details
How much does Loan Processor Clerk make?Estimated Yearly Salary: 79,311 AUD
Estimated Monthly Salary: 6,609 AUD
Estimated Weekly Salary: 1,525 AUD per week
Estimated Hourly Salary: 38 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 76,408 AUDEstimated Monthly Salary: 6,367 AUD
Estimated Weekly Salary: 1,469 AUD per week
Estimated Hourly Salary: 37 AUD per hour
Last revision of data: 2024-01-02Loan Processor Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,393 USD
Estimated Monthly Salary: 3,283 USD
Estimated Weekly Salary: 758 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor Clerk job salary compared to average salary in Australia.
Comparison shows that a person working as Loan Processor Clerk in Australia earns on average:
0.94 times the average salary (or 94% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor Clerk job salary compared to average salary in Australia.
Comparison shows that a person working as Loan Processor Clerk in Australia earns on average:
0.94 times the average salary (or 94% of average salary).
Is Loan Processor Clerk a well paid job?
Yes, our data show that Loan Processor Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Processor Clerk?
High salary for Loan Processor Clerk would be somewhere between 87,242 AUD and 115,001 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor Clerk in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 79,311 AUD
Estimated Monthly Salary: 6,609 AUD
Estimated Weekly Salary: 1,525 AUD per week
Estimated Hourly Salary: 38 AUD per hour
By working as Loan Processor Clerk a person can save up to 866 USD per month or 10,387 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Processor Clerk
Indonesia is 6,928 USD
East Timor is 29,514 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
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4. Neurosurgeon
(985,848 AUD per year, pre-tax.)
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8. Oncologist
(959,337 AUD per year, pre-tax.)
9. Urologist
(958,953 AUD per year, pre-tax.)
10. Plastic surgeon
(958,802 AUD per year, pre-tax.)
Data as of 2025Random salary:
Intelligence specialist (197,194 AUD per year, pre-tax.)
Product manager software (242,262 AUD per year, pre-tax.)
Law enforcement forest ranger (113,294 AUD per year, pre-tax.)
Applied behavior analyst (52,192 AUD per year, pre-tax.)
Meeting convention services manager (117,246 AUD per year, pre-tax.)
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