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Loan processor salary in Canada

How much does a Loan Processor make in Canada?

Average base salary

$20.55

The average salary for a loan processor is $20.55 per hour in Canada. 2 salaries reported, updated at February 20, 2026

Highest paying companies for Loan Processor in Canada

Average year pay is based on job postings on Indeed in the past 36 months.
Premium Merchant Funding
 
$42,500per year
View company
goeasy
 
$37,492per year

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Highest paying cities for Loan Processors near Canada

  1. Pickering, ON
    $18.15 per hour

Where can a Loan Processor earn more?

Compare salaries for Loan Processors in different locations
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Frequently Asked Questions (FAQs) about Loan Processor

The average salary for a Loan Processor is $20.55 per hour in Canada. This figure is based on 2 salaries taken from job postings on Indeed in the past 36 months, last updated on February 20, 2026.

Loan Processor jobs on Indeed - find your next one today.

Loan Processor salaries typically range between a low of $18.15 and a high of $25.05 per hour, depending on experience, location, and the hiring company.

Based on recent job postings on Indeed, some of the top-paying companies for Loan Processor include Premium Merchant Funding ($42,500 per year) and goeasy ($37,492 per year).

How much do similar professions as Loan Processor get paid in Canada?

Senior Loan Processor

Job openings
Average $58,756 per year