What are the main factors that influence an Intermediate Mortgage Loan Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Intermediate Mortgage Loan Processor?

The Business Services industry offers the highest average compensation for Intermediate Mortgage Loan Processor roles, with salaries approximately 20% above the market median.

How does experience change An Intermediate Mortgage Loan Processor's salary?

An Intermediate Mortgage Loan Processor's salary grows with experience: an Entry Mortgage Loan Processor (0-1 years)earns $46,676, an Intermediate Mortgage Loan Processor (1-3 years)earns $51,986, a Consumer Loan Processing Manager (3-5 years)earns $100,471,

What are the highest paying states for an Intermediate Mortgage Loan Processor?

Intermediate Mortgage Loan Processor salary varies significantly by state. The top 3 highest paying states for Intermediate Mortgage Loan Processor roles are District of Columbia $55,600, California $55,400, Massachusetts $54,600. These tech hubs typically pay 10-15% above the national average.

How much do different types of Intermediate Mortgage Loan Processor roles make?

Salaries for Intermediate Mortgage Loan Processor level roles vary by specialization: Intermediate Mortgage Underwriter: $73,400; Senior Mortgage Loan Processor: $63,390; Mortgage Loan Processor III: $63,327; Mortgage Loan Processor 4: $53,986; Mortgage Loan Processor II: $50,141.

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Intermediate Mortgage Loan Processor Salary in Rhode Island

How much does an Intermediate Mortgage Loan Processor make in Rhode Island?

As of July 01, 2026, the average salary for an Intermediate Mortgage Loan Processor in Rhode Island is $52,000 per year, which breaks down to an hourly rate of $25.

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

Top Earners (90th percentile): $61,934
Majority Range (25th-75th percentile): $48,100 to $57,200
Entry-Level (10th percentile): $44,549

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Intermediate Mortgage Loan Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$57,200	$4,767	$1,100	$28
Average	$52,000	$4,333	$1,000	$25
25th Percentile	$48,100	$4,008	$925	$23

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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, 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): $46,676
Intermediate Mortgage Loan Processor (1-3 years): $51,986
Consumer Loan Processing Manager (3-5 years): $100,471

Job Role	Years of Experience	Average Salary
Entry Mortgage Loan Processor	0-1 years	$46,676
Intermediate Mortgage Loan Processor	1-3 years	$51,986
Consumer Loan Processing Manager	3-5 years	$100,471

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What Am I Worth?

How Do Intermediate Mortgage Loan Processor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Intermediate Mortgage Loan Processors. For example, consider the average annual salaries in these key locations:

District of Columbia: $55,600.
California: $55,400.
Massachusetts: $54,600.

District of Columbia $55,600 California $55,400 Massachusetts $54,600 Washington $54,400 New Jersey $54,400 Alaska $54,300 Connecticut $53,600 New York $53,400

Hawaii $52,500 Rhode Island $52,000 Maryland $51,800 Minnesota $51,400 Illinois $51,200 Colorado $51,200 Oregon $51,000 Delaware $50,800

New Hampshire $50,700 Virginia $50,500 Pennsylvania $50,000 Nevada $49,700 North Dakota $49,600 Michigan $49,400 Wisconsin $49,400 Vermont $49,300

Texas $49,000 Ohio $48,900 Maine $48,900 Arizona $48,900 Georgia $48,400 Indiana $48,200 Wyoming $48,100 Utah $48,100

Iowa $48,000 Kansas $47,800 Louisiana $47,700 North Carolina $47,700 Missouri $47,700 Florida $47,500 Montana $47,400 Nebraska $47,300

Kentucky $47,200 South Carolina $47,000 Tennessee $46,900 Idaho $46,900 New Mexico $46,500 Oklahoma $46,400 Alabama $46,100 South Dakota $45,600

Arkansas $45,300 West Virginia $45,200 Mississippi $44,800

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:

Adamsville: $52,700
Albion: $52,200
Ashaway: $52,600

Adamsville, RI $52,700 Albion, RI $52,200 Ashaway, RI $52,600 Barrington, RI $52,100 Block Island, RI $52,400 Bradford, RI $52,600 Bristol, RI $52,300 Carolina, RI $52,500

Charlestown, RI $52,500 Chepachet, RI $52,400 Clayville, RI $52,200 Coventry, RI $52,200 West Greenwich, RI $52,400 East Greenwich, RI $52,200 Exeter, RI $52,400 Fiskeville, RI $52,100

Forestdale, RI $52,500 Foster, RI $52,400 Glendale, RI $52,500 Greene, RI $52,400 Greenville, RI $52,100 Harmony, RI $52,200 Harrisville, RI $52,500 Hope, RI $52,100

Hope Valley, RI $52,500 Hopkinton, RI $52,600 Jamestown, RI $52,400 Kenyon, RI $52,500 Little Compton, RI $52,700 Manville, RI $52,300 Mapleville, RI $52,400 Newport, RI $52,500

Middletown, RI $52,500 North Kingstown, RI $52,300 North Scituate, RI $52,200 Oakland, RI $52,400 Pascoag, RI $52,500 Pawtucket, RI $52,000 Central Falls, RI $52,000 Cumberland, RI $52,300

Lincoln, RI $52,100 Portsmouth, RI $52,500 Prudence Island, RI $52,400 Rockville, RI $52,600 Saunderstown, RI $52,400 Shannock, RI $52,500 Slatersville, RI $52,500 Slocum, RI $52,400

Tiverton, RI $52,600 Wakefield, RI $52,400 Kingston, RI $52,400 Narragansett, RI $52,500 Peace Dale, RI $52,400 Warren, RI $52,200 Warwick, RI $52,100 Westerly, RI $52,600

West Kingston, RI $52,400 West Warwick, RI $52,200 Wood River Junction, RI $52,500 Woonsocket, RI $52,500 North Smithfield, RI $52,400 Wyoming, RI $52,500 Providence, RI $52,000 Cranston, RI $52,000

North Providence, RI $52,000 East Providence, RI $52,000 Riverside, RI $52,000 Rumford, RI $52,000 Smithfield, RI $52,100 Johnston, RI $52,000

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 $55,468. While startup companies pay approximate $47,071.

Intermediate Mortgage Loan Processor Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$47,071
Growth Stage	51~500	$49,748
Established	501~5000	$53,615
Enterprise	5000+	$55,468

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	$62,400	$30.0	20%

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 July 01, 2026

$48,100

Average $52,000/year

$57,200

$4,008

Average $4,333/month

$4,767

$925

Average $1,000/week

$1,100

$23

Average $25/hour

$28

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$57,200	$4,767	$1,100	$28
Average	$52,000	$4,333	$1,000	$25
25th Percentile	$48,100	$4,008	$925	$23

Intermediate Mortgage Loan Processor Salary Growth & Career Path

Intermediate Mortgage Loan Processor

Loan Closer III

Senior Consumer Loan Processor

Business Loan Processor III

Mortgage Lending Processor III

Loan Closing Manager

Consumer Loan Processing Assistant Manager

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	$59,400	14%
Senior Consumer Loan Processor	$61,500	18%
Business Loan Processor III	$55,290	6%
Mortgage Lending Processor III	$65,700	26%

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