Home Loan Processor Salaries in the United States
How Much Does a Home Loan Processor Make?
Updated March 26, 2024
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Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
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- New Mexico
- Nevada
- New York
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Individually reported data submitted by users of our website
Normal Confidence
$43,865/yr
Average Base Pay
Low $39,353
Average $43,865
High $49,050
The average salary for Home Loan Processor is $43,865 per year in the United States.
Related Job Titles to Home Loan Processor
Similar Job Salaries to Home Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Gesa Credit Union
Home Loan Processor II
|
$47,900/yr
|
RANGE: $42,038 - $53,762
|
|
UNIVERSITY OF KENTUCKY FEDERAL CRED
Home Equity Loan Processor
|
$90,599/yr
|
RANGE: $75,781 - $105,417
|
|
Revolution Mortgage
Home Loan Processor
|
$45,437/yr
|
RANGE: $39,680 - $51,194
|
|
RMC Home Mortgage LLC
JET Home Loans - Mortgage Loan Processor
|
$48,473/yr
|
RANGE: $42,063 - $54,882
|
|
Dollar Loan Center
Loan processor
|
$43,721/yr
|
RANGE: $38,370 - $49,071
|
|
First South Farm Credit, ACA
Loan Processor
|
$44,472/yr
|
RANGE: $39,030 - $49,915
|
|
NVR Inc
Loan Processor
|
$48,182/yr
|
RANGE: $42,286 - $54,079
|
|
Farm Credit Council
Loan Processor
|
$49,898/yr
|
RANGE: $43,642 - $56,154
|
What Does a Home Loan Processor Do?
Next, the loan processor arranges a home appraisal to ensure the requested mortgage amount matches up to the home’s appraised value.
Updated December 20, 2021
The loan processor is responsible for processing mortgage applications and getting them prepared for the mortgage underwriter.
Updated December 16, 2021
You can usually expect a mortgage loan processor to be involved throughout the application process: from pre-approval to closing.
Updated December 16, 2021
While the loan officer or broker may be the person who “got you the loan” to begin with, it’s the processor that will likely take over once you’ve been “sold.”.
Updated December 15, 2021
Mortgage processors streamline the mortgage loan process by compiling loan application documentation for the borrower.
Updated December 14, 2021
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Explore JobArchitectFrequently Asked Questions About a Home Loan Processor Salaries
What is the average of a Home Loan Processor in the United States?
The Home Loan Processor salary range is from $39,353 to $49,050, and the average Home Loan Processor salary is $43,865/year in the United States.
The Home Loan Processor's salary will change in different locations.
Which location pays the highest Home Loan Processor salary in the United States?
The Home Loan Processor salary in San Jose, CA is $55,050
which is the highest in the US.
What kinds of reasons will influence the Home Loan Processor's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Home Loan Processor.
What is the growth rate of the Home Loan Processor's salary?
If you are thinking of becoming a Home Loan Processor or planning the next step in your career, find the detailed salary report of a Home Loan Processor.
Recent Salary Report
Below are the most recent Home Loan Processor salary reports. Employer name has been removed to protect anonymity.
$49,050
Yearly
A Home Loan Processor in Columbia, SC reported making $49,050 per year
Columbia, SC
100 - 200 employees
Full-Time
Company - Private
$25
Hourly
A Home Loan Processor in Santa Clarita, CA reported making $25 per hour
Santa Clarita, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$50,646
Yearly
A Home Loan Processor in Brownsville, TX reported making $50,646 per year
Brownsville, TX
200 - 6 employees
Full-Time
Company - Private
$3,682
Monthly
A Home Loan Processor in Arlington, MA reported making $3,682 per month
Arlington, MA
1,000 - 3,000 employees
Full-Time
Company - Public
$44,178
Yearly
A Home Loan Processor in Carson City, NV reported making $44,178 per year
Carson City, NV
6 - 1,000 employees
Full-Time
Company - Private
$23
Hourly
A Home Loan Processor in Salem, OR reported making $23 per hour
Salem, OR
3,000 - 7,6 employees
Part-Time
Company - Public
