The average pay for a Senior Mortgage Loan Processor is $42,845 per year. A skill in Customer Service is associated with high pay for this job.
Senior Mortgage Loan Processor 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.
)
$30,675 - $53,034
(Median)
31K
37K
43K
49K
53K
MEDIAN: $42,845
10%
25%
50%
75%
90%
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Senior Mortgage Loan Processor 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.
)
$12.80 - $23.07
(Median)
13
15
18
20
23
MEDIAN: $17.00
10%
25%
50%
75%
90%
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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$20K$40K$60K
Salary
$30,675 - $53,034  
   
Bonus
$0.00 - $11,941  
Profit Sharing
$0.00 - $8,500  
Commission
$0.00 - $19,727  
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).
)
$31,763 - $57,883  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 875
National Hourly Rate 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$12$24$36
Hourly Rate
$12.80 - $23.07  
   
Overtime
$18.69 - $35.89  
National Annualized 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$24K$48K$72K
Bonus
$0.00 - $11,941  
   
Commission
$0.00 - $19,727  
Profit Sharing
$0.00 - $8,500  
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).
)
$31,763 - $57,883  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 875
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Senior Mortgage Loan Processor Job Listings

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Popular Employer Salaries for Senior Mortgage Loan Processor
Job Description for Senior Mortgage Loan Processor
  • Answer questions regarding closing requirements.
  • Maintain communication with brokers partners and closing/settlement agents with loan status.
  • Authorize funding upon verification of all documentation.
  • Order credit reports, appraisals, title insurance, and all other certifications as necessary.
Popular Skills for Senior Mortgage Loan Processor
Pay by Experience Level for Senior Mortgage Loan Processor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Houston
up arrow 14%
Chicago
up arrow 13%
Denver
up arrow 13%
San Diego
up arrow 13%
Charlotte
up arrow 7%
Dallas
up arrow 7%
National Average
$44,000
Atlanta
up arrow 2%
Las Vegas
up arrow 6%
Jacksonville
up arrow 7%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Senior Mortgage Loan Processor Salaries

National Average
$44,000
Entry-Level
up arrow 12%

Skills That Affect Senior Mortgage Loan Processor Salaries

Customer Service
up arrow 11%
National Average
$44,000
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 93 votes.
Gender
Female
89%
female alumni
 
Male
11%
male alumni
Years of Experience
Less than 1 year
0%
1-4 years
8%
5-9 years
26%
10-19 years
43%
20 years or more
22%
Common Health Benefits
medical benefits Medical: 71% dental benefits Dental: 63%
vision benefits Vision: 48% employee benefits None: 26%
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