Average Loan Processor Hourly Pay at Wells Fargo Home Mortgage

$20.73
Avg. Hourly RateShow Salary
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The average hourly pay for a Loan Processor at Wells Fargo Home Mortgage is $20.73.
25%
$16.62
MEDIAN
$20.73
75%
$23.32
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United States (change)
Hourly Rate
$17 - $23
Total Pay
$31,742 - $46,155

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Job Description for Loan Processor

Loan Processor Tasks
  • Complete and maintain all paperwork for ongoing and new loans, including loan disclosures.
  • Submit completed loans to underwriting, and ensure all items are obtained.
  • Order title and escrow, review them and process loan conditions.
  • Work with clients and loan originator to obtain necessary information, process it and finalize loan documents.
The top respondents for the job title Loan Processor are from the companies J.P. Morgan Chase & Co. (JPMCC), Guild Mortgage Company and U.S. Bank. Reported salaries are highest at Reading Co-operative Bank where the average pay is $26.99. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and Guild Mortgage Company, earning around $23.00 and $20.00, respectively. State Bank pays the lowest at around $13.17. Caliber Home Loans, Inc. and Wells Fargo Bank also pay on the lower end of the scale, paying $15.28 and $16.01, respectively.

Loan Processor Job Listings

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Popular Skills for Loan Processor

Skills in Mortgage Loans, Loan Documents and Loan Processing are correlated to pay that is above average.

Years of Experience

This data is based on 6 survey responses.
Early Career
100.0%