Average Mortgage Loan Processor Hourly Pay

$19.98
Avg. Base Hourly Rate (USD)
10%
$15.40
MEDIAN
$19.98
90%
$26.33

The average hourly pay for a Mortgage Loan Processor is $19.98 in 2024

Hourly Rate
$15 - $26
Bonus
$844 - $11k
Profit Sharing
$900 - $5k
Commission
$1k - $18k
Total Pay
$34k - $61k
Is Average Mortgage Loan Processor Hourly Pay your job title? Find out what you should be paid
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How do Mortgage Loan Processors Rate Their Jobs?

4.1 out of 5
(135)
Highly Satisfied
23Reviews
Based on 135 responses, the job of Mortgage Loan Processor has received a job satisfaction rating of 4.06 out of 5. On average, Mortgage Loan Processors are highly satisfied with their job.

FAQs About Mortgage Loan Processors

What is the highest pay for Mortgage Loan Processors?

Our data indicates that the highest pay for a Mortgage Loan Processor is $26.33 / hour

What is the lowest pay for Mortgage Loan Processors?

Our data indicates that the lowest pay for a Mortgage Loan Processor is $15.40 / hour

How can Mortgage Loan Processors increase their salary?

Increasing your pay as a Mortgage Loan Processor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Mortgage Loan Processor that oversees more junior Mortgage Loan Processors, this experience can increase the likelihood to earn more.