How much does a Mortgage Processor make?

Updated Sep 15, 2021

Industry

Employer Size

Experience

$51,868 /yr
Average Base Pay

523 salaries

$33K

Low

$52K

Average

$83K

High

No additional cash compensation has been reported for this role

The national average salary for Mortgage Processor is $51,868 per year in United States. Filter by location to see Mortgage Processor salaries in your area. Salaries estimates are based on 523 salaries submitted anonymously to Glassdoor by Mortgage Processor employees.

Seniority Levels

L2
Loan Processor$48,076 /yr
L3
Senior Loan Processor$58,184 /yr
L4
Loan Processor IV$46,758 /yr
Career Path

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Related Job Titles

MOrtgage Loan Originator

$49,671

per year

Mortgage Loan Processor

$47,798

per year

Mortgage Loan Processor/Closer

$47,422

per year

Loan Officer

$56,987

per year

Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

Wells Fargo
3.6

Wells Fargo

Mortgage Processor - Hourly

$23

 /hr
Range: $19 - $29
40 salaries
See 40 salaries from all locations

$19

$29

$19 - $29 Range

Vale Solution

Mortgage Processor

$148,971

 /yr
Range: $113K - $149K

$113K

$149K

$113,324 - $148,971 Range

4.6

Prime Consulting

Mortgage Processor

$62,648

 /yr
Range: $48K - $73K

$48K

$73K

$47,751 - $72,889 Range

Aerotek
3.5

Aerotek

Mortgage Processor

$51,289

 /yr
Range: $45K - $59K

$45K

$59K

$44,691 - $58,524 Range

Navy Federal Credit Union
4

Navy Federal Credit Union

Mortgage Processor

$37,541

 /yr
Range: $32K - $692K

$32K

$692K

$31,662 - $691,714 Range

Citi
3.9

Citi

Mortgage Processor

$42,050

 /yr
Range: $29K - $56K

$29K

$56K

$28,968 - $55,606 Range

USAA
3.7

USAA

Mortgage Processor

$48,439

 /yr
Range: $38K - $69K

$38K

$69K

$38,171 - $69,117 Range

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Ascendo Resources
4.4

Ascendo Resources

Mortgage Processor - Hourly

$28

 /hr
Range: $21 - $81

$21

$81

$21 - $81 Range

J.P. Morgan
4

J.P. Morgan

Mortgage Processor

$53,118

 /yr
Range: $31K - $64K

$31K

$64K

$30,571 - $63,934 Range

Fifth Third
3.7

Fifth Third

Mortgage Processor

$46,579

 /yr
Range: $40K - $59K

$40K

$59K

$39,882 - $59,379 Range

CBCInnovis
2.9

CBCInnovis

Mortgage Processor - Hourly

$14

 /hr
Range: $13 - $16

$13

$16

$13 - $16 Range

Citizens
3.6

Citizens

Mortgage Processor

$56,396

 /yr
Range: $56K - $68K

$56K

$68K

$56,278 - $67,937 Range

Digital Risk
3.3

Digital Risk

Mortgage Processor - Hourly

$25

 /hr
Range: $21 - $30

$21

$30

$21 - $30 Range

Accounting Principals
4.1

Accounting Principals

Mortgage Processor

$39,903

 /yr
Range: $38K - $45K

$38K

$45K

$37,953 - $44,691 Range

Bank of America
4

Bank of America

Mortgage Processor

$63,223

 /yr
Range: $37K - $70K

$37K

$70K

$37,234 - $70,293 Range

PHH Mortgage
3.1

PHH Mortgage

Mortgage Processor

$51,385

 /yr
Range: $40K - $71K

$40K

$71K

$39,953 - $70,922 Range

Newrez
3.4

Newrez

Mortgage Processor - Hourly

$19

 /hr
Range: $18 - $28

$18

$28

$18 - $28 Range

PENFED Credit Union
3.8

PENFED Credit Union

Mortgage Processor

$47,846

 /yr
Range: $38K - $57K

$38K

$57K

$37,827 - $56,912 Range

Insight Global
4

Insight Global

Mortgage Processor - Hourly

$24

 /hr
Range: $20 - $31

$20

$31

$20 - $31 Range

Express Employment Professionals
3.9

Express Employment Professionals

Mortgage Processor

$31,284

 /yr
Range: $24K - $56K

$24K

$56K

$23,942 - $55,864 Range

Download as data Table
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Frequently asked questions about a Mortgage Processor salaries

The national average salary for a Mortgage Processor is $51,868 per year in United States. Filter by location to see a Mortgage Processor salaries in your area. Salaries estimates are based on 523 salaries submitted anonymously to Glassdoor by a Mortgage Processor employees.

The highest salary for a Mortgage Processor in United States is $82,711 per year.

The lowest salary for a Mortgage Processor in United States is $32,526 per year.

If you are thinking of becoming a Mortgage Processor or planning the next step in your career, find details about the role, the career path and salary trajectory of a Mortgage Processor.

Recent Salary Reports

Below are the most recent mortgage processor salary reports. Employer name has been removed to protect anonymity.

$42,838
per year
A Loan Processor in the Charlotte, NC Area area reported making $42,838 per year
Job Highlights
3-4 years experience
Charlotte, NC Area area
Full-time
 
10000+ employees
Company - Public
$50,000
per year
A Mortgage Loan Closer in the Memphis, TN Area area reported making $50,000 per year
Job Highlights
Memphis, TN Area area
Full-time
 
5001 to 10000 employees
Subsidiary or Business Segment
$26
hourly
A Mortgage Loan Processor in the Olympia, WA Area area reported making $26 per hour
Job Highlights
5-7 years experience
Olympia, WA Area area
Full-time
 
501 to 1000 employees
Nonprofit Organization
$50,000
per year
A Loan Analyst in the Richmond, VA Area area reported making $50,000 per year
Job Highlights
Richmond, VA Area area
Full-time
 
201 to 500 employees
Company - Private
$13
hourly
A Mortgage Loan Processor in the Brownsville, TX Area area reported making $13 per hour
Job Highlights
3-4 years experience
Brownsville, TX Area area
Full-time
 
1001 to 5000 employees
Company - Private
$17
hourly
A Closer in the Detroit, MI Area area reported making $17 per hour
Job Highlights
3-4 years experience
Detroit, MI Area area
Full-time
 
5001 to 10000 employees
Company - Public
$20
hourly
A Loan Processor in the Baltimore, MD Area area reported making $20 per hour
Additional Pay
$72k cash bonus
Job Highlights
1-2 years experience
Baltimore, MD Area area
Full-time
 
501 to 1000 employees
Company - Private
$45,000
per year
A Loan Processor in the Tampa, FL Area area reported making $45,000 per year
Additional Pay
$1k cash bonus
Job Highlights
Tampa, FL Area area
Full-time
 
5001 to 10000 employees
Company - Private
$20
hourly
A Closer in the Janesville, WI Area area reported making $20 per hour
Job Highlights
5-7 years experience
Janesville, WI Area area
Full-time
 
51 to 200 employees
Company - Private
$20
hourly
A Loan Processor in the Baltimore, MD Area area reported making $20 per hour
Job Highlights
1-2 years experience
Baltimore, MD Area area
Full-time
 
501 to 1000 employees
Company - Private
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