Entry-Level Mortgage Loan Processor Salary

An Entry-Level Mortgage Loan Processor earns an average wage of $15.90 per hour.

$29,459 - $49,561
$29K
$39K
$50K
MEDIAN: $38,676
10%
50%
90%

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$12.00 - $20.68
$12
$16
$21
MEDIAN: $15.90
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17K$34K$51K
Salary
$29,459 - $49,561  
   
Bonus
$711 - $11,499  
Profit Sharing
$3,052  
Commission
$993 - $12,080  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,801 - $50,128  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 400
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$12.00 - $20.68  
   
Hourly Tips
$2.33  
Overtime
$18.31 - $33.66  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$711 - $11,499  
   
Commission
$993 - $12,080  
Profit Sharing
$3,052  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$26,801 - $50,128  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 457

Find Out Exactly What You Should Be Paid

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Loan Processor Job Listings

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Popular Employer Salaries for Mortgage Loan Processor

Pay Difference by Location

National Average: $37,211

Larger city markers indicate a job is popular in that location.

Key Stats for Mortgage Loan Processor

Gender

Female
75 %
Male
25 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 94 votes.
Less than 1 year
13%
1-4 years
72%
5-9 years
16%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Mortgage Loan Processor Salaries

Customer Service
▲4%




National Average
$37,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 94 votes.

Gender

Female
75 %
Male
25 %

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 70%
vision benefits
Vision: 60%
no benefits
None: 17%