Average Mortgage Loan Processor with Loan Documents Skills Hourly Pay at Navy Federal Credit Union

$17.89
Avg. Hourly RateShow Salary
$2,000
Bonus
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The average hourly pay for a Mortgage Loan Processor with Loan Documents skills at Navy Federal Credit Union is $17.89.
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United States (change)
Hourly Rate
$0 - $18
Bonus
$1,350 - $7,186
Total Pay
$37,462 - $52,000

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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 Wells Fargo Home Mortgage, Bank of America Corp. (BOFA) and Citibank. 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 Wells Fargo Home Mortgage and Wells Fargo & Co., earning around $20.85 and $20.57, respectively. Pinnacle Bank pays the lowest at around $14.81. Citibank and U.S. Bank also pay on the lower end of the scale, paying $16.02 and $16.55, respectively.

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Popular Skills for Mortgage Loan Processor

Skills that pay less than market rate include Customer Service, Mortgage Loans and Loan Processing.