how much do loan processors make?

alvin · #1 (**permalink**) 03-09-2006, 12:51 PM

im looking for a second job to pay off a few credit cards and my school loan.

also can they get commissions if they were to bring in their own leads?

The Wizard · #2 (**permalink**) 04-02-2006, 12:37 PM

Hi Alvin,

It depends if you work for a big national bank between 30 to 80 depending on where in the country the processing center is located.

If you work for a broker between 20 and 100 again where are you located and what type of volume is the broker doing.

I have people work for me who made six figures but they worked their butts off for it.