How Much Does a Home Loan Processor Make in Mississippi?

Updated April 24, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$39,222/yr
Average Base Pay
Low $35,188
Average $39,222
High $43,862
The average salary for Home Loan Processor is $39,222 per year in Mississippi.

Related Job Titles to Home Loan Processor

Home Equity Loan Processor
$39,222
Mississippi
Per Year
Loan Processor
$41,642
Mississippi
Per Year
Loan Processor I
$37,579
Mississippi
Per Year
Loan Processor II
$41,251
Mississippi
Per Year

Similar Job Salaries to Home Loan Processor by Company

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Company average base salary in (usd) range
$40,156/yr
$35,241
$45,070
RANGE: $35,241 - $45,070
National Mortgage Staffing
On Site Consumer Loan Processor
$39,884/yr
$35,129
$44,639
RANGE: $35,129 - $44,639
Sunbelt Federal Credit Union
Mortgage Loan Originator/Processor
$59,696/yr
$47,298
$72,093
RANGE: $47,298 - $72,093
The First Bank
Consumer Loan Processor
$39,884/yr
$35,129
$44,639
RANGE: $35,129 - $44,639
$39,858/yr
$35,236
$44,480
RANGE: $35,236 - $44,480
Renasant Bank
Processor
$39,123/yr
$34,396
$43,851
RANGE: $34,396 - $43,851
Enterprise Medical Recruiting
Traditional Neurology Position In Home Of Southern Mississippi - Student Loan
$267,916/yr
$226,914
$308,918
RANGE: $226,914 - $308,918
Navigator Credit Union
Mortgage Processor
$43,858/yr
$38,302
$49,415
RANGE: $38,302 - $49,415

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Top 10 Highest Paying Cities For Home Loan Processor Jobs in Mississippi

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Home Loan Processor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Home Loan Processor job salaries in Mississippi. Some cities can pay higher salaries for Home Loan Processor jobs, which can indicate that there is a large demand for Home Loan Processor positions in this city.
The following table shows top 10 cities where the Home Loan Processor salary is higher than other cities in Mississippi. Southaven takes first place in this list, followed by Olive Branch, Jackson. The Home Loan Processor salary is $41,113 in Southaven, which is lower than the national average. There is 0 city's Home Loan Processor salary higher than national average in Mississippi.
The average salary for a Home Loan Processor in Mississippi is $39,222, but we found that the city with the highest salary for Home Loan Processor jobs is Southaven, MS, and it is higher than Olive Branch. Home Loan Processor jobs in Southaven can have the opportunity to earn higher salaries than in other cities in Mississippi.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Southaven $41,113 $3,426 $791 $20
Olive Branch $41,025 $3,419 $789 $20
Jackson $39,091 $3,258 $752 $19
Greenville $39,091 $3,258 $752 $19
Biloxi $38,959 $3,247 $749 $19
Meridian $38,871 $3,239 $748 $19
Pascagoula $38,783 $3,232 $746 $19
Gulfport $38,651 $3,221 $743 $19
Hattiesburg $38,431 $3,203 $739 $18
Columbus $37,508 $3,126 $721 $18

What Does a Home Loan Processor Do?

Just like underwriters and loan officers, mortgage processors are a crucial part of the mortgage process.
Updated December 11, 2021
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

Frequently Asked Questions About a Home Loan Processor Salaries

What is the average of a Home Loan Processor in Mississippi?

The Home Loan Processor salary range is from $35,188 to $43,862, and the average Home Loan Processor salary is $39,222/year in Mississippi. 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 $55,184 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.