Home > Salary > Luxembourg > 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: 59,594 EUR
Estimated Monthly Salary: 4,966 EUR
Estimated Weekly Salary: 1,146 EUR per week
Estimated Hourly Salary: 29 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,805 EUR
Estimated Weekly Salary: 1,109 EUR per week
Estimated Hourly Salary: 28 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 59,895 USD
Estimated Monthly Salary: 4,991 USD
Estimated Weekly Salary: 1,152 USD per week
Estimated Hourly Salary: 29 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 59,594 EUR
Estimated Monthly Salary: 4,966 EUR
Estimated Weekly Salary: 1,146 EUR per week
Estimated Hourly Salary: 29 EUR per hour
By working as Junior Loan Processor a person can save up to 1,343 USD per month or 16,119 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Junior Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Social worker (87,479 EUR per year, pre-tax.)
Animator 3d (95,432 EUR per year, pre-tax.)
Cobol developer (106,230 EUR per year, pre-tax.)
Floor care attendant (45,380 EUR per year, pre-tax.)
Funeral attendant (43,740 EUR per year, pre-tax.)
Junior Loan Processor salary in Luxembourg
Average Yearly Salary of Junior Loan Processor in Luxembourg is approximately 59,594 EUR (59,895 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: 59,594 EUR
Estimated Monthly Salary: 4,966 EUR
Estimated Weekly Salary: 1,146 EUR per week
Estimated Hourly Salary: 29 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 57,657 EUREstimated Monthly Salary: 4,805 EUR
Estimated Weekly Salary: 1,109 EUR per week
Estimated Hourly Salary: 28 EUR per hour
Last revision of data: 2024-01-02Junior Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 59,895 USD
Estimated Monthly Salary: 4,991 USD
Estimated Weekly Salary: 1,152 USD per week
Estimated Hourly Salary: 29 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Junior Loan Processor job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Junior Loan Processor in Luxembourg earns on average:
0.72 times the average salary (or 72% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Junior Loan Processor job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Junior Loan Processor in Luxembourg 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 65,553 EUR and 86,411 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Loan Processor in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 59,594 EUR
Estimated Monthly Salary: 4,966 EUR
Estimated Weekly Salary: 1,146 EUR per week
Estimated Hourly Salary: 29 EUR per hour
By working as Junior Loan Processor a person can save up to 1,343 USD per month or 16,119 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. 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
Belgium is 31,837 USD
Germany is 35,031 USD
France is 29,914 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
+13% salary increase- 6 to 10 years of experience yields
+24% salary increase- 11 to 15 years of experience yields
+15% salary increase- 16 to 25 years of experience yields
+8% salary increase- more than 25 years of experience yields
+9% salary increaseTop 10 highest salaries in Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Social worker (87,479 EUR per year, pre-tax.)
Animator 3d (95,432 EUR per year, pre-tax.)
Cobol developer (106,230 EUR per year, pre-tax.)
Floor care attendant (45,380 EUR per year, pre-tax.)
Funeral attendant (43,740 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?job=junior-loan-processor&country=luxembourg'><img src='https://optisalary.com/wp-content/graphs/salary/junior-loan-processor-salary-in-luxembourg-2025.jpg' alt='junior loan processor salary in luxembourg 2025' title='junior loan processor salary in luxembourg 2025' /></a>