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How much does a Intermediate Mortgage Loan Processor make in the United States? The average Intermediate Mortgage Loan Processor salary in the United States is $51,900 as of March 26, 2024, but the range typically falls between $45,800 and $59,800. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Intermediate Mortgage Loan Processor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Intermediate Mortgage Loan Processor Salary $40,246 US March 26, 2024
25th Percentile Intermediate Mortgage Loan Processor Salary $45,800 US March 26, 2024
50th Percentile Intermediate Mortgage Loan Processor Salary $51,900 US March 26, 2024
75th Percentile Intermediate Mortgage Loan Processor Salary $59,800 US March 26, 2024
90th Percentile Intermediate Mortgage Loan Processor Salary $66,993 US March 26, 2024
25% $45,800 10% $40,246 90% $66,993 75% $59,800 $51,900 50%(Median) Didn’t find job title? Click
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Job Description

The Intermediate Mortgage Loan Processor verifies all documentation for accuracy and completeness. Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Being an Intermediate Mortgage Loan Processor provides management with reports on loan activities. Ensures all documents are prepared and finalized in compliance with policies and procedures. In addition, Intermediate Mortgage Loan Processor requires a high school diploma or its equivalent. Typically reports to a supervisor. Being an Intermediate Mortgage Loan Processor gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. Working as an Intermediate Mortgage Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Intermediate Mortgage Loan Processor

Career Path for this job

  1. Down a level:

    Entry Mortgage Loan Processor

    0 - 1 years experience
    High School Diploma or Technical Certificate

  2. This Job:

    Intermediate Mortgage Loan Processor

    1 - 3 years experience
    High School Diploma or Technical Certificate

  3. Up a level:

    Processing Manager - Mortgage Loans

    5 + years experience
    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
45800
59800
51900

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
47400
63700
54500
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Intermediate Mortgage Loan Processor in the United States. The base salary for Intermediate Mortgage Loan Processor ranges from $45,800 to $59,800 with the average base salary of $51,900. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $47,400 to $63,700 with the average total cash compensation of $54,500.
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45800
59800

 

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