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Intermediate Mortgage Loan Processor Salary in Allen Park, MI

How much does an Intermediate Mortgage Loan Processor make in Allen Park, MI?

As of August 01, 2026, the average salary for an Intermediate Mortgage Loan Processor in Allen Park, MI is $50,100 per year, which breaks down to an hourly rate of $24.

However, an Intermediate Mortgage Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $59,652
  • Majority Range (25th-75th percentile): $46,300 to $55,100
  • Entry-Level (10th percentile): $42,840
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View as table View as graph 25% $46,300 10% $42,840 90% $59,652 75% $55,100 $50,100 50%(Median) Didn’t find job title? Click

Intermediate Mortgage Loan Processor Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $55,100 $4,592 $1,060 $26
Average $50,100 $4,175 $963 $24
25th Percentile $46,300 $3,858 $890 $22
Check out Intermediate Mortgage Loan Processor Job Openings in Allen Park, MI
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Key Factors That Influence Intermediate Mortgage Loan Processor Salaries

An Intermediate Mortgage Loan Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.

How Experience Level Affects Intermediate Mortgage Loan Processor Salaries?

Experience is a primary driver of an Intermediate Mortgage Loan Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry Mortgage Loan Processor (0-1 years): $44,938
  • Intermediate Mortgage Loan Processor (1-3 years): $50,052
  • Consumer Loan Processing Manager (3-5 years): $96,741
Job Role Years of Experience Average Salary
Entry Mortgage Loan Processor0-1 years$44,938
Intermediate Mortgage Loan Processor1-3 years$50,052
Consumer Loan Processing Manager3-5 years$96,741
$44,938 Entry Mor...
$50,052 Intermedi...
$96,741 Consumer ...
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What Am I Worth?

Top Paying Cities for Intermediate Mortgage Loan Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $63,300
  • San Francisco: $62,600
  • Oakland: $61,300

What Skills Can Increase an Intermediate Mortgage Loan Processor's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 7.59% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Credit Reports (Mentioned in 2.57% Job Postings): Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.
  • Pricing (Mentioned in 0.78% Job Postings): Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
See More Skills
Skills Demand Percentage
Customer Service 7.59%
Credit Reports 2.57%
Pricing 0.78%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Intermediate Mortgage Loan Processor's salary.
  • Bond: Can increase your salary by up to 15%.
  • Real Estate Appraisal: Can increase your salary by up to 12%.
  • Integrity: Can increase your salary by up to 11%.
Skill Salary Salary % Increase
Bond
$57,615
15%
Real Estate Appraisal
$56,112
12%
Integrity
$55,611
11%
Planning
$54,609
9%
Critical Thinking
$54,609
9%
Initiative
$54,609
9%
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Intermediate Mortgage Loan Processor Salary by Company Size: Startups vs. Enterprise

Intermediate Mortgage Loan Processor salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $53,378. While startup companies pay approximate $45,325.

Intermediate Mortgage Loan Processor Salary by Company Size

Company Size Employees Average Salary
Startup1~50$45,325
Growth Stage51~500$47,898
Established501~5000$51,593
Enterprise5000+$53,378

Intermediate Mortgage Loan Processor Salary by Industry: Top Paying Sectors

For Intermediate Mortgage Loan Processor roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Intermediate Mortgage Loan Processor positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Intermediate Mortgage Loan Processor as a support function rather than a direct revenue driver.

The top paying industry for an Intermediate Mortgage Loan Processor

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Business Services$60,120$29.020%

Intermediate Mortgage Loan Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Intermediate Mortgage Loan Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

Intermediate Mortgage Loan Processor Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As an Intermediate Mortgage Loan Processor, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Intermediate Mortgage Loan Processor Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Loan Closer III $57,200 14%
Senior Consumer Loan Processor $59,200 18%
Business Loan Processor III $53,190 6%
Mortgage Lending Processor III $63,300 26%

Find Your Next Intermediate Mortgage Loan Processor Job

Ready to take the next step in your career? Browse thousands of current Intermediate Mortgage Loan Processor job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Dollar General Corporation

    Allen Park, MI

    Dollar General Corporation | Allen Park, MI

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    6 Days Ago

  • TownePlace Suites Marriot Hotel

    Allen Park, MI

    TownePlace Suites Marriot Hotel | Allen Park, MI

    Job Summary We are seeking a proactive and skilled Maintenance Technician to join our dynamic team.In this vital role, you will be responsible for maintain... more

    6 Days Ago

  • U.S. Navy

    Allen Park, MI

    U.S. Navy | Allen Park, MI

    Job Title :Aviation Operations & Support (Enlisted) Category / Component :Enlisted Active Overview Aviation Boatswain's Mates in Aviation Operations & Supp... more

    6 Days Ago

  • U.S. Navy

    Allen Park, MI

    U.S. Navy | Allen Park, MI

    Job Title :Naval Aviation Officer (Pilot / Naval Flight Officer / AMDO) Category / Component :Officer Both Overview Naval Aviation Officers serve as Pilots... more

    6 Days Ago

  • U.S. Navy

    Allen Park, MI

    U.S. Navy | Allen Park, MI

    Job Title :Nuclear Engineer (Naval Reactors Engineer) Category / Component :Officer Active Overview Design, regulate, and oversee the Navy's nuclear propul... more

    6 Days Ago

  • Pomeroy Living LLC

    Allen Park, MI

    Pomeroy Living LLC | Allen Park, MI

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    6 Days Ago

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Cost of Living In Allen Park, MI

Cost of Living in Allen Park, MI is
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