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Mortgage Loan Processor Salary

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

Updated: 15 Jun 2013

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Rated 4 out of 5 based on 154 Mortgage Loan Processor votes.

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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.

)

$25,319 - $48,763

(Median)

25K

30K

36K

43K

49K

MEDIAN: $35,881

10%

25%

50%

75%

90%

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Mortgage Loan Processor Job Listings

Mortgage Loan Processor

Jun 14

Texas Partners Federal Credit Union - Killeen, TX

a Mortgage Loan Processor to join our team. The ideal candidate should have a minimum of 1 year mortgage... estate lending. Review loan files for completeness... - Indeed

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Mortgage Loan Processor - Base + Incentive!!

Jun 10

American Bank FSB - Stow, OH

loans are moving through the process * Review loan... of discrepancies in title or survey * Submit mortgage loan application file for underwriting approval The... - Indeed

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Mortgage Loan Processor

May 21

Ideal Home Loans - Greenwood Village, CO

Mortgage Loan Processor Ideal Home Loans, a local Mortgage Banker is seeking a full time Loan Processor... loans. • Maintain a constant pipeline of 20-25 loans... - Indeed

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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	$26,695 - $48,055
Bonus	$0.00 - $6,259
Profit Sharing	$-0.50 - $5,872
Commission	$-0.50 - $11,920
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). )	$25,319 - $48,763
Country: United States \| Currency: USD \| Updated: 15 Jun 2013 \| Individuals Reporting: 859

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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

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Companies and Industries for Mortgage Loan Processor Salaries

Popular Employers

Salary Range


J.P. Morgan Chase & Co. (JPMCC)	$25,168 - $54,631
Wells Fargo Home Mortgage	$30,968 - $41,976
Bank of America Corp. (BOFA)	$31,100 - $46,970
Usaa Insurance	$30,500 - $35,883

See more employers

Popular Industries

Salary Range


Mortgage Lending, Loans, or Credit Products	$27,300 - $46,984
Banking	$27,678 - $47,132
Financial Services	$28,015 - $47,491
Mortgage Brokerage	$24,052 - $45,672
Credit Union	$27,592 - $45,208

Key Statistics for Mortgage Loan Processor Salaries and Jobs

Gender

	Female 80%			Male 20%
Salary:	$30,000 - $41,164			$32,814 - $42,647

Years of Experience

Less than 1 year

1-4 years

42%

5-9 years

23%

10-19 years

20%

20 years or more

Top Degrees

Salary Range


Bachelor's Degree	$25,005 - $51,437
Associate's Degree	$25,556 - $44,753
Bachelor of Arts (BA), Political Science (PolySci)	$25,434 - $54,693
Bachelor of Business Administration (BBA), Finance	$33,997 - $38,660
Bachelor of Arts (BA), Economics	$38,000 - $46,452

See more degrees

Most Common Health Benefits

	Medical: 76%		Dental: 66%
	Vision: 49%		None: 21%

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