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Junior Loan Processor salary in Italy

Average Yearly Salary of Junior Loan Processor in Italy is approximately 24,748 EUR (24,682 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 Junior Loan Processor do?

occupation personasA junior loan processor is responsible for assisting in the processing and documentation of loan applications. They work closely with senior loan processors and underwriters to gather and verify borrower information, review loan documents for accuracy and completeness, and ensure compliance with lending policies and regulations. Junior loan processors also communicate with borrowers, loan officers, and other parties involved in the loan process to provide updates and resolve any issues that may arise. They may also assist in preparing loan files for submission to underwriting and in coordinating loan closings. This role requires strong attention to detail, excellent organizational skills, and the ability to work effectively in a fast-paced environment.

Skills: loan processing, documentation, loan applications, compliance, communication, attention to detail
Job industry: Finance


How much does Junior Loan Processor make?

Salary details
How much does Junior Loan Processor make?
Estimated Yearly Salary: 24,748 EUR
Estimated Monthly Salary: 2,062 EUR
Estimated Weekly Salary: 476 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 23,834 EUR
Estimated Monthly Salary: 1,986 EUR
Estimated Weekly Salary: 458 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-02



Junior Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 24,682 USD
Estimated Monthly Salary: 2,057 USD
Estimated Weekly Salary: 475 USD per week
Estimated Hourly Salary: 12 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Italy, a country located in Southern Europe, is known for its rich history, culture, and stunning landscapes. With a population of approximately 60 million people, it is the fourth most populous country in Europe. Italy covers an area of around 301,340 square kilometers, making it slightly larger than the state of Arizona in the United States.

Estimated national average yearly salary is 34,352 EUR (37,700 USD). Value indicated is pre-tax. Below graph shows estimated Junior Loan Processor job salary compared to average salary in Italy.
Comparison shows that a person working as Junior Loan Processor in Italy earns on average:
0.72 times the average salary (or 72% of average salary).

Is Junior Loan Processor a well paid job?

No, our data shows that Junior Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Junior Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Junior Loan Processor?

High salary for Junior Loan Processor would be somewhere between 27,223 EUR and 35,885 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Junior Loan Processor in Italy?

Living in Italy the approximate monthly expenses are: 1,508 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: 24,748 EUR
Estimated Monthly Salary: 2,062 EUR
Estimated Weekly Salary: 476 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Junior Loan Processor a person can save up to 549 USD per month or 6,586 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 Italy, see costs of living in Italy.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Switzerland, Austria, Slovenia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Junior Loan Processor

France is 29,914 USDup arrow 21%
Details on Junior Loan Processor salary in France
Switzerland is 58,550 USDup arrow 137%
Details on Junior Loan Processor salary in Switzerland
Austria is 36,846 USDup arrow 49%
Details on Junior Loan Processor salary in Austria
Slovenia is 20,052 USDdown arrow 19%
Details on Junior Loan Processor salary in Slovenia
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Italy

(393,532 EUR per year, pre-tax.)
(326,941 EUR per year, pre-tax.)
(316,297 EUR per year, pre-tax.)
(306,986 EUR per year, pre-tax.)
(305,278 EUR per year, pre-tax.)
(299,865 EUR per year, pre-tax.)
(299,833 EUR per year, pre-tax.)
(299,544 EUR per year, pre-tax.)
(299,256 EUR per year, pre-tax.)
(298,192 EUR per year, pre-tax.)

Data as of 2025

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Salary details displayed on optisalary.com are meant for reference purposes exclusively. Our data is sourced through various sources and may not always be up to date. Users should cross-reference salary information through other means before making employment decisions. The figures shown here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We cannot guarantee that the data provided is flawless. By using optisalary.com, you accept that salary information is offered 'as is' and without assurances.
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