Average Mortgage Loan Processor with Customer Service Skills Hourly Pay at Wells Fargo Home Mortgage

$19.22
Avg. Hourly RateShow Salary
$5,000
Bonus
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The average hourly pay for a Mortgage Loan Processor with Customer Service skills at Wells Fargo Home Mortgage is $19.22.
25%
$17.90
MEDIAN
$19.22
75%
$21.69
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United States (change)
Hourly Rate
$18 - $22
Bonus
$2,000 - $8,000
Total Pay
$37,048 - $80,352

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Job Description for Mortgage Loan Processor

Mortgage Loan Processor Tasks
  • Interview loan applicants, investigate applicants' backgrounds and verify references.
  • Review loan documents and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
  • Prepare loan request papers and related documents then forward to appraisal department.
The top respondents for the job title Mortgage Loan Processor are from the companies Bank of America Corp. (BOFA), U.S. Bank and Wells Fargo Bank. Reported salaries are highest at Bank of America Corp. (BOFA) where the average pay is $25.85. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and Wells Fargo Bank, earning around $23.73 and $19.47, respectively. Navy Federal Credit Union pays the lowest at around $15.29. U.S. Bank and Citibank also pay on the lower end of the scale, paying $16.55 and $18.61, respectively.

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Popular Skills for Mortgage Loan Processor

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