Senior Mortgage Loan Processor in Dallas, Texas Salary

$37,095 - $63,023
$37K
$51K
$63K
MEDIAN: $51,251
10%
50%
90%

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$0$66K
Salary $37,095 - $63,023
Bonus $8,000
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).
)
$37,095 - $66,959
  • Country: United States
  • Currency: USD
  • Updated: 19 Jun 2018
  • Individuals Reporting: 13

How much does a Senior Mortgage Loan Processor make in Dallas, TX?

In Dallas, a Senior Mortgage Loan Processor earns an average of $51,251 annually. This is 2% higher than the national average for a Senior Mortgage Loan Processor which is $50,020 per year.
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Job Description for Senior Mortgage Loan Processor

A senior mortgage loan processor receives loan files that originate from loan officers and then processes them to ensure that they meet credit worthiness standards, federal and state regulatory requirements, and company policies. They review all paperwork, gather any further information needed to process the loan, verify information, and shepherd the loan from pre-approval to closing. The job requires persons with good attention to detail, organizational skills, and interpersonal skills.

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Senior Mortgage Loan Processor Tasks

  • Authorize funding upon verification of all documentation.
  • Order credit reports, appraisals, title insurance, and all other certifications as necessary.
  • Answer questions regarding closing requirements.
  • Maintain communication with brokers partners and closing/settlement agents with loan status.

About Dallas, Texas

Dallas County, Texas
1,300,082
Male:
639,019 (49.2%)
Female:
661,063 (50.8%)
Dallas (/ˈdæləs/) is a major city in the state of Texas and is the largest urban center of the fourth most populous metropolitan area in the United States. The city proper ranks ninth in the U.S. and third in Texas after Houston and San Antonio. The city's prominence arose from its historical importance as a center for the oil and cotton industries, and its position along numerous railroad lines. The bulk of the city is in Dallas County, of which it is the county seat; however, sections of the city are located in Collin, Denton, Kaufman, and Rockwall counties. According to the 2010 United States Census, the city had a population of 1,197,816. The United States Census Bureau's estimate for the city's population increased to 1,300,092 as of July 1, 2015. The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area (commonly referred to as DFW), which...
Dallas:
$45,918
Texas:
$55,653
$903
Dallas:
$152,400
Texas:
$152,000
3.5%

Senior Mortgage Loan Processor Job Listings

Key Stats for Senior Mortgage Loan Processor

Gender

Female
83 %
Male
17 %
1-4 years
8%
5-9 years
31%
10-19 years
31%
20 years or more
31%

Experience Affects Senior Mortgage Loan Processor Salaries

Late-Career
▲7%

National Average
$53,000

Mid-Career
▼6%

Skills That Affect Senior Mortgage Loan Processor Salaries

National Average
$53,000

Loan Processing
▼3%

Mortgage Loans
▼3%

Gender

Female
83 %
Male
17 %

Years of Experience

1-4 years
8%
5-9 years
31%
10-19 years
31%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 75%
vision benefits
Vision: 75%
no benefits
None: 13%