Average Mortgage Loan Processor with Customer Service Skills Salary at Bank of America Corp. (BOFA)

$45,738
Avg. SalaryShow Hourly Rate
$4,000
Bonus
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The average salary for a Mortgage Loan Processor with Customer Service skills at Bank of America Corp. (BOFA) is $45,738.
25%
$42k
MEDIAN
$46k
75%
$52k
Is Mortgage Loan Processor your job title? Find out what you should be paid
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United States (change)
Salary
$42k - $52k
Bonus
$2k - $7k
Total Pay
$45k - $58k

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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, U.S. Bank and Citibank. Reported salaries are highest at Wells Fargo Home Mortgage where the average pay is $51,000. Other companies that offer high salaries for this role include U.S. Bank and J.P. Morgan Chase & Co. (JPMCC), earning around $48,500 and $45,781, respectively. Movement Mortgage pays the lowest at around $32,000. USAA Real Estate Company and Citibank also pay on the lower end of the scale, paying $38,209 and $43,961, respectively.

Mortgage Loan Processor Job Listings

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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.