[ collapse ]

You »

- Compare Your Salary
- Evaluate a Job Offer

Someone You Manage »

- Price a New Hire
- Give a Raise

Whole Company »

- Benchmark Jobs
- Create a Comp Plan

Mortgage Loan Processor Salary

United States » Job » Mortgage Loan Processor Overview » Mortgage Loan Processor Salary

Updated: 18 May 2013

Job Satisfaction

Highly satisfied

Rated 4 out of 5 based on 152 Mortgage Loan Processor votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.

Part of:

Mortgage Assistant Salary

Mortgage Loan Processor 2013 Total Pay (?

XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.

)

$25,306 - $48,384

(Median)

25K

30K

36K

43K

48K

MEDIAN: $35,748

10%

25%

50%

75%

90%

See your Mortgage Loan Processor connections ↓

Mortgage Loan Processor Job Listings

Mortgage Loan Processor

May 21

Intercoastal Mortgage Company - Fairfax, VA

is extremely rare. The mortgage loan processor is responsible for reviewing the initial loan application... for managing the loan from loan officer submission... - Indeed

Apply For This Job »

Experienced Mortgage Loan Processor

May 17

Continental Mortgage & Investment Corp - Arlington, VA

Loan Processor Our company is growing and we are looking for established mortgage loan processors with... notifying mortgage loan underwriter and mortgage loan... - Indeed

Apply For This Job »

Mortgage Loan Processor

May 19

Buckingham Financial Group - Potomac, MD

Mortgage Loan Processor needed immediately Conventional/ Jumbo/ FHA/ Experience, a must Must be familiar with current Respa Guidelines Handle 20+Plus loans... - Indeed

Apply For This Job »

View More Listings »

jobs by

Want local data for this job?

National Salary Data

	National Salary Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$17K	$34K	$51K
Salary	$26,275 - $47,346
Bonus	$0.00 - $6,500
Profit Sharing	$-0.50 - $5,051
Commission	$-0.50 - $11,635
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). )	$25,306 - $48,384
Country: United States \| Currency: USD \| Updated: 18 May 2013 \| Individuals Reporting: 865

Add to your site |

Mortgage Loan Processor Tasks

Prepare loan request papers and related documents then forward to appraisal department.
Review loan documents and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
Interview loan applicants, investigate applicants' backgrounds and verify references.

Read more about: Loan Interviewers and Clerks

Your Mortgage Loan Processor Connections Invite your friends

Please log in with Facebook to see who you know.

Companies and Industries for Mortgage Loan Processor Salaries

Popular Employers

Salary Range


J.P. Morgan Chase & Co. (JPMCC)	$25,342 - $54,248
Bank of America Corp. (BOFA)	$31,538 - $46,462
Wells Fargo Home Mortgage	$30,000 - $43,001
Usaa Insurance	$30,500 - $35,883
Navy Federal Credit Union	$37,000 - $47,786

See more employers

Popular Industries

Salary Range


Mortgage Lending, Loans, or Credit Products	$27,159 - $46,848
Banking	$27,535 - $46,995
Financial Services	$27,871 - $47,353
Mortgage Brokerage	$23,926 - $45,538
Credit Union	$27,451 - $45,079

Key Statistics for Mortgage Loan Processor Salaries and Jobs

Gender

	Female 80%			Male 20%
Salary:	$29,981 - $41,211			$32,918 - $43,173

Years of Experience

Less than 1 year

1-4 years

43%

5-9 years

24%

10-19 years

20%

20 years or more

Top Degrees

Salary Range


Bachelor's Degree	$24,564 - $48,296
Associate's Degree	$25,490 - $44,859
Bachelor of Business Administration (BBA), Finance	$34,604 - $41,500
Bachelor of Arts (BA), Economics	$38,000 - $46,452

See more degrees

Most Common Health Benefits

	Medical: 76%		Dental: 65%
	Vision: 50%		None: 22%

Special Features

Fortune 100 CEO Income Compared to Average Worker at Company
Many CEOs earn millions a year, but how does their pay compare to the average worker at their company? We list the highest earners.

More Special Features

Which jobs, cities and industries are seeing wages rise or fall? Track the latest compensation trends with The PayScale Index Q1 2013 results.

» You think you have a bad boss? We reveal the Top 5 Jobs That Hate Their Boss.

» College Salary Report 2013: Review more than 1,000 schools and 130 majors