As of September 01, 2026, the average salary for a Mortgage Lending Processor I in the United States is $45,090 per year, which breaks down to an hourly rate of $22.
However, a Mortgage Lending Processor I's salary can vary significantly. Here’s a look at the typical salary range:
Mortgage Lending Processor I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $48,290 | $4,024 | $929 | $23 |
| Average | $45,090 | $3,758 | $867 | $22 |
| 25th Percentile | $41,690 | $3,474 | $802 | $20 |
A Mortgage Lending Processor I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location and company size can directly affect your earning potential.
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 6.81% |
| Loan Processing | 3.3% |
| Onboarding | 1.72% |
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 a Mortgage Lending Processor I's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Leadership | $49,148 | |
| Sense Of Urgency | $48,246 | |
| Wholesale | $48,246 |
Mortgage Lending Processor I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $48,068. While startup companies pay approximate $40,793.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $40,793 |
| Growth Stage | 51~500 | $43,117 |
| Established | 501~5000 | $46,451 |
| Enterprise | 5000+ | $48,068 |
Understanding how a Mortgage Lending Processor I'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $48,290 | $4,024 | $929 | $23 |
| Average | $45,090 | $3,758 | $867 | $22 |
| 25th Percentile | $41,690 | $3,474 | $802 | $20 |
Promotions are the fastest way to increase your earnings. As a Mortgage Lending Processor I, 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.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Loan Closer II | $50,500 | 12% |
| Intermediate Consumer Loan Processor | $49,000 | 9% |
| Business Loan Processor II | $53,090 | 18% |
| Intermediate Mortgage Loan Processor | $50,200 | 11% |
Salaries for a Mortgage Lending Processor I can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $41,205 in 2023 to around $41,006 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Lending Processor I salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $41,205 |
| 2024 | $41,245 |
| 2025 | $41,006 |
| 2026 |
View More
|
| 2027 |
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|
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The Business Services industry offers the highest average compensation for Mortgage Lending Processor I roles, with salaries approximately 20% above the market median.
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