Average Mortgage Loan Specialist Hourly Pay

$20.02
Avg. Base Hourly Rate (USD)
10%
$15.41
MEDIAN
$20.02
90%
$25.47

The average hourly pay for a Mortgage Loan Specialist is $20.02 in 2024

Hourly Rate
$15 - $25
Bonus
$502 - $11k
Commission
$0 - $13k
Total Pay
$34k - $62k
Is Average Mortgage Loan Specialist Hourly Pay your job title? Find out what you should be paid
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What Do Mortgage Loan Specialists Do?

Mortgage Loan Specialist Tasks
  • Ensure that loans are funded.
  • Oversee processing of closing documents for loans.
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How do Mortgage Loan Specialists Rate Their Jobs?

3.8 out of 5
(28)
Highly Satisfied
5Reviews
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FAQs About Mortgage Loan Specialists

What is the highest pay for Mortgage Loan Specialists?

Our data indicates that the highest pay for a Mortgage Loan Specialist is $25.47 / hour

What is the lowest pay for Mortgage Loan Specialists?

Our data indicates that the lowest pay for a Mortgage Loan Specialist is $15.41 / hour

How can Mortgage Loan Specialists increase their salary?

Increasing your pay as a Mortgage Loan Specialist 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 Specialist that oversees more junior Mortgage Loan Specialists, this experience can increase the likelihood to earn more.