Home > Salary > Philippines > Junior Loan Processor
A 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.
Estimated Yearly Salary: 155,164 PHP
Estimated Monthly Salary: 12,930 PHP
Estimated Weekly Salary: 2,984 PHP per week
Estimated Hourly Salary: 75 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,485 PHP
Estimated Weekly Salary: 2,881 PHP per week
Estimated Hourly Salary: 72 PHP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 2,585 USD
Estimated Monthly Salary: 215 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 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: 155,164 PHP
Estimated Monthly Salary: 12,930 PHP
Estimated Weekly Salary: 2,984 PHP per week
Estimated Hourly Salary: 75 PHP per hour
By working as Junior Loan Processor a person can save up to 57 USD per month or 689 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Junior Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Junior Loan Processor salary in Philippines
Average Yearly Salary of Junior Loan Processor in Philippines is approximately 155,164 PHP (2,585 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?
A 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
Job industry: Finance
How much does Junior Loan Processor make?
Salary details
How much does Junior Loan Processor make?Estimated Yearly Salary: 155,164 PHP
Estimated Monthly Salary: 12,930 PHP
Estimated Weekly Salary: 2,984 PHP per week
Estimated Hourly Salary: 75 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 149,820 PHPEstimated Monthly Salary: 12,485 PHP
Estimated Weekly Salary: 2,881 PHP per week
Estimated Hourly Salary: 72 PHP per hour
Last revision of data: 2024-01-06Junior Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,585 USD
Estimated Monthly Salary: 215 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 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
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Country:
Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Junior Loan Processor job salary compared to average salary in Philippines.
Comparison shows that a person working as Junior Loan Processor in Philippines earns on average:
0.71 times the average salary (or 71% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Junior Loan Processor job salary compared to average salary in Philippines.
Comparison shows that a person working as Junior Loan Processor in Philippines earns on average:
0.71 times the average salary (or 71% 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 170,680 PHP and 224,988 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Loan Processor in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 155,164 PHP
Estimated Monthly Salary: 12,930 PHP
Estimated Weekly Salary: 2,984 PHP per week
Estimated Hourly Salary: 75 PHP per hour
By working as Junior Loan Processor a person can save up to 57 USD per month or 689 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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
China is 8,437 USD
Vietnam is 2,619 USD
Malaysia is 11,665 USD
Indonesia is 6,938 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 Philippines
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6. Urologist
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Data as of 2025Random salary:
Front end developer (377,160 PHP per year, pre-tax.)
Control and valve installer repairer (except mechanical door) (197,368 PHP per year, pre-tax.)
Collections manager (207,018 PHP per year, pre-tax.)
Business continuity manager (452,894 PHP per year, pre-tax.)
Avionics test technician (190,492 PHP per year, pre-tax.)
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