Mortgage Payment Processing Clerk Salary in the United States
How much does a Mortgage Payment Processing Clerk make in the United States?
As of July 01, 2026, the average salary for a Mortgage Payment Processing Clerk in the United States is $40,880 per year, which breaks down to an hourly rate of $20.
However, a Mortgage Payment Processing Clerk's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $47,037
Majority Range (25th-75th percentile): $38,076 to $44,103
Key Factors That Influence Mortgage Payment Processing Clerk Salaries
A Mortgage Payment Processing Clerk'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, education, and company size can directly affect your earning potential.
How Experience Level Affects Mortgage Payment Processing Clerk Salaries?
Experience is a primary driver of a Mortgage Payment Processing Clerk'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:
How Do Mortgage Payment Processing Clerk 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 Mortgage Payment Processing Clerks.
For example, consider the average annual salaries in these key locations:
Top Paying Cities for Mortgage Payment Processing Clerks
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: $51,562
San Francisco: $50,997
Oakland: $49,923
San Jose, CA$51,562
San Francisco, CA$50,997
Oakland, CA$49,923
New York, NY$47,069
Paramus, NJ$46,497
Queens Village, NY$46,494
Passaic, NJ$46,456
Bergenfield, NJ$46,452
Stamford, CT$46,362
Huntington, NY$46,345
Newark, NJ$46,043
Bridgeport, CT$45,957
Vallejo, CA$45,876
New Brunswick, NJ$45,859
Petaluma, CA$45,835
Middlesex, NJ$45,757
Somerset, NJ$45,728
Santa Cruz, CA$45,675
Boston, MA$45,426
Monterey, CA$45,282
Seattle, WA$45,189
Santa Rosa, CA$45,181
Los Angeles, CA$45,168
Juneau, AK$45,062
Washington, DC$45,017
Orange, CA$44,872
Santa Ana, CA$44,764
Long Beach, CA$44,723
Anaheim, CA$44,715
Anchorage, AK$44,694
Santa Maria, CA$44,571
Everett, WA$44,563
Danbury, CT$44,419
Bremerton, WA$44,363
Tacoma, WA$44,216
New Suffolk, NY$44,215
Sacramento, CA$44,204
Santa Barbara, CA$44,159
Trenton, NJ$44,114
San Diego, CA$44,114
Brockton, MA$44,069
Fairbanks, AK$43,968
Lompoc, CA$43,864
Lowell, MA$43,831
Ventura, CA$43,823
Nashua, NH$43,815
Stockton, CA$43,811
Modesto, CA$43,513
Poughkeepsie, NY$43,423
Olympia, WA$43,345
Kennewick, WA$43,345
New Haven, CT$43,329
Lawrence, MA$43,182
Hartford, CT$43,141
Riverside, CA$43,132
New Bedford, MA$43,092
Richland, WA$43,092
Bakersfield, CA$43,034
San Bernardino, CA$43,018
New Britain, CT$43,014
Atlantic City, NJ$43,014
New London, CT$42,998
Norwich, CT$42,985
Portsmouth, NH$42,977
Boulder, CO$42,890
Portland, OR$42,834
Worcester, MA$42,830
Minneapolis, MN$42,703
Philadelphia, PA$42,646
Honolulu, HI$42,511
Saint Paul, MN$42,491
Vineland, NJ$42,482
Providence, RI$42,364
Chicago, IL$42,245
Bellingham, WA$42,196
Springfield, MA$42,164
Baltimore, MD$42,151
Chico, CA$42,049
Pittsfield, MA$41,939
Manchester, NH$41,861
Spokane, WA$41,681
Denver, CO$41,677
Albany, NY$41,485
Troy, NY$41,469
Nassau, NY$41,425
Schenectady, NY$41,383
Wilmington, DE$41,350
Burlington, VT$41,293
Salem, OR$41,277
Portland, ME$41,150
Yakima, WA$41,109
Rochester, MN$40,982
Reno, NV$40,962
Fresno, CA$40,962
Milwaukee, WI$40,925
Detroit, MI$40,884
Ann Arbor, MI$40,877
Allentown, PA$40,872
Colorado Springs, CO$40,802
Syracuse, NY$40,782
Carson City, NV$40,782
Houston, TX$40,725
Eugene, OR$40,704
Gary, IN$40,655
Springfield, OR$40,622
Bismarck, ND$40,614
Galveston, TX$40,586
Medford, OR$40,524
Fort Collins, CO$40,508
Concord, NH$40,488
Austin, TX$40,475
Mesa, AZ$40,389
Reading, PA$40,385
Phoenix, AZ$40,381
Dallas, TX$40,369
Saint Cloud, MN$40,330
Madison, WI$40,275
Utica, NY$40,165
Rochester, NY$40,099
Des Moines, IA$40,095
Raleigh, NC$40,091
Atlanta, GA$40,030
Battle Creek, MI$40,017
Salt Lake City, UT$40,005
Lancaster, PA$39,944
Harrisburg, PA$39,887
Kansas City, MO$39,846
Champaign, IL$39,838
Kansas City, KS$39,838
Fort Worth, TX$39,833
Columbus, OH$39,827
Boca Raton, FL$39,817
Pittsburgh, PA$39,801
Richmond, VA$39,784
Indianapolis, IN$39,776
Cleveland, OH$39,772
Las Vegas, NV$39,723
Cincinnati, OH$39,723
Petersburg, VA$39,662
Huntsville, AL$39,600
Lansing, MI$39,573
Lebanon, PA$39,568
Pueblo, CO$39,564
Appleton, WI$39,551
Buffalo, NY$39,535
Dayton, OH$39,523
Racine, WI$39,515
Charlotte, NC$39,511
Saint Louis, MO$39,498
York, PA$39,474
Elkhart, IN$39,474
Gastonia, NC$39,466
Billings, MT$39,456
Beaumont, TX$39,445
Lorain, OH$39,437
Benton Harbor, MI$39,429
Toledo, OH$39,421
Binghamton, NY$39,400
Rock Hill, SC$39,396
Rockford, IL$39,376
Springfield, IL$39,359
Elyria, OH$39,355
Fargo, ND$39,355
Flagstaff, AZ$39,327
Fort Lauderdale, FL$39,302
Duluth, MN$39,278
Miami, FL$39,278
Cheyenne, WY$39,249
Grand Forks, ND$39,249
Bangor, ME$39,159
Cedar Rapids, IA$39,114
Durham, NC$39,097
Louisville, KY$39,094
Grand Rapids, MI$39,085
Hialeah, FL$39,081
Casper, WY$39,024
Scranton, PA$38,975
New Orleans, LA$38,963
Virginia Beach, VA$38,959
Akron, OH$38,938
Peoria, IL$38,885
Sarasota, FL$38,877
Nashville, TN$38,848
Omaha, NE$38,848
Green Bay, WI$38,848
Baton Rouge, LA$38,828
Charleston, SC$38,820
Jamestown, NY$38,799
Davenport, IA$38,799
Tucson, AZ$38,779
Saint Petersburg, FL$38,754
Tampa, FL$38,746
Evansville, IN$38,722
Port Arthur, TX$38,722
Bradenton, FL$38,705
Santa Fe, NM$38,632
Orlando, FL$38,558
Clearwater, FL$38,546
Canton, OH$38,460
La Crosse, WI$38,460
Albuquerque, NM$38,435
Newport News, VA$38,431
High Point, NC$38,419
Ogden, UT$38,403
Corpus Christi, TX$38,370
Norfolk, VA$38,345
Laramie, WY$38,345
Rock Island, IL$38,321
Saginaw, MI$38,313
Jacksonville, FL$38,309
Salisbury, NC$38,300
Boise, ID$38,292
Moline, IL$38,272
Fort Myers, FL$38,260
Memphis, TN$38,251
Tulsa, OK$38,231
Waterloo, IA$38,206
Spartanburg, SC$38,166
Lincoln, NE$38,145
Fort Wayne, IN$38,137
Provo, UT$38,133
Cedar Falls, IA$38,084
San Antonio, TX$38,067
Greensboro, NC$38,051
South Bend, IN$38,047
Savannah, GA$38,002
Muskegon, MI$37,986
Birmingham, AL$37,982
Winston Salem, NC$37,962
Lake Charles, LA$37,863
Anderson, IN$37,855
Lexington, KY$37,843
Augusta, GA$37,830
Greenville, SC$37,830
Lima, OH$37,798
Wichita, KS$37,794
Tuscaloosa, AL$37,794
Columbia, SC$37,757
Springfield, OH$37,749
Asheville, NC$37,683
Bloomington, IN$37,655
Knoxville, TN$37,507
Shreveport, LA$37,503
Wilmington, NC$37,450
Roanoke, VA$37,450
Topeka, KS$37,377
Frankfort, KY$37,372
Oklahoma City, OK$37,344
Chillicothe, OH$37,328
Longview, TX$37,323
Melbourne, FL$37,319
Sioux Falls, SD$37,254
Mobile, AL$37,250
Terre Haute, IN$37,234
Altoona, PA$37,209
Amarillo, TX$37,180
Killeen, TX$37,168
Fayetteville, AR$37,135
Chattanooga, TN$37,123
Sioux City, IA$37,086
Idaho Falls, ID$37,078
Lynchburg, VA$37,045
Gainesville, FL$36,992
Portsmouth, OH$36,972
Little Rock, AR$36,964
Lafayette, LA$36,947
Youngstown, OH$36,947
Daytona Beach, FL$36,923
Clarksville, TN$36,919
Pensacola, FL$36,915
Temple, TX$36,912
Hopkinsville, KY$36,792
Erie, PA$36,784
Florence, SC$36,767
Charleston, WV$36,702
Great Falls, MT$36,682
Macon, GA$36,624
Tallahassee, FL$36,620
Fayetteville, NC$36,612
Waco, TX$36,604
Helena, MT$36,575
Pine Bluff, AR$36,560
Vincennes, IN$36,510
Lubbock, TX$36,494
Alamogordo, NM$36,469
Twin Falls, ID$36,432
Rapid City, SD$36,420
Jackson, MS$36,346
Huntington, WV$36,344
Greenville, MS$36,342
Parkersburg, WV$36,301
Montgomery, AL$36,293
Wichita Falls, TX$36,252
Springfield, MO$36,252
Biloxi, MS$36,232
Monroe, LA$36,191
Johnstown, PA$36,162
Sumter, SC$36,146
Columbus, GA$36,142
Pascagoula, MS$36,064
Abilene, TX$36,064
Kingsport, TN$35,958
Albany, GA$35,958
Gulfport, MS$35,946
Alexandria, LA$35,811
Fort Smith, AR$35,709
El Paso, TX$35,598
Las Cruces, NM$35,414
Harlingen, TX$35,311
Pocatello, ID$35,304
Florence, AL$35,251
Brownsville, TX$35,243
Mcallen, TX$35,157
Dothan, AL$35,100
Columbus, MS$34,857
Altus, OK$34,666
Lawton, OK$34,589
Pierre, SD$34,441
Mortgage Payment Processing Clerk Salary by Company Size: Startups vs. Enterprise
Mortgage Payment Processing Clerk salary potential scales significantly with company size.
Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $43,607.
While startup companies pay approximate $37,005.
Mortgage Payment Processing Clerk Salary by Company Size
Company Size
Employees
Average Salary
Startup
1~50
$37,005
Growth Stage
51~500
$39,109
Established
501~5000
$42,149
Enterprise
5000+
$43,607
Mortgage Payment Processing Clerk Salary by Industry: Top Paying Sectors
For Mortgage Payment Processing Clerk roles, the industry you choose can impact your earning potential
by as much as 45% (the gap between the highest and lowest paying industries).
Data shows that the highest-paying industry, Financial Services,
offers compensation 25% above the average. Conversely,
Mortgage Payment Processing Clerk positions in Business Services typically offer lower base pay,
as this sector often view Mortgage Payment Processing Clerk as a support function rather than a direct revenue driver.
The top paying industry for a Mortgage Payment Processing Clerk
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$51,100
$25.0
25%
How Education impacts a Mortgage Payment Processing Clerk's Salary?
Your level of education can impact your salary potential.
While many Mortgage Payment Processing Clerks enter the field with a High School Diploma or Technical Certificate degree,
higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data,
the median salary for a Mortgage Payment Processing Clerk with a High School Diploma or Technical Certificate is between
$38,176
and $41,387).
Mortgage Payment Processing Clerk Salaries by Degree Level
Typical Education for Mortgage Payment Processing Clerk
Understanding how a Mortgage Payment Processing Clerk'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.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on July 01, 2026
$38,076
Average$40,880/year
$44,103
$3,173
Average$3,407/month
$3,675
$732
Average$786/week
$848
$18
Average$20/hour
$21
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$44,103
$3,675
$848
$21
Average
$40,880
$3,407
$786
$20
25th Percentile
$38,076
$3,173
$732
$18
Mortgage Payment Processing Clerk Salary Growth & Career Path
Promotions are the fastest way to increase your earnings.
As a Mortgage Payment Processing Clerk, 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.
Mortgage Payment Processing Clerk Salary Growth and Career Path
Next Step Role
Estimate Salary
Projected Raise
Loan Servicing Clerk II
$46,521
14%
Escrow Officer
$58,168
42%
Salaries of jobs related to Mortgage Payment Processing Clerk
Salary Trends for Mortgage Payment Processing Clerk
Salaries for a Mortgage Payment Processing Clerk can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $42,487 in 2023
to around $42,078 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Mortgage Payment Processing Clerk salary trends,
.
Average Annual Salary of Mortgage Payment Processing Clerk Over Time
2022
$???
2023
$42,487
2024
$42,320
2025
$42,078
2026
$???
2027
$???
Year
Average Annual Salary
2022
View More
2023
$42,487
2024
$42,320
2025
$42,078
2026
View More
2027
View More
Most common benefits for Mortgage Payment Processing Clerk
Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Mortgage Payment Processing Clerk
Here are companies hiring for Mortgage Payment Processing Clerk and their salaries, click below for more details.
K
$114,295/per year
Kpmg Us LLP
Business Services
the United States
W
$114,096/per year
Warner Bros Discovery
Business Services
the United States
D
$111,927/per year
Dentsu International Ltd
Business Services
the United States
G
$111,873/per year
GroupM Worldwide Inc
Business Services
the United States
C
$111,651/per year
CoWorx Staffing
Business Services
the United States
C
$110,194/per year
Contemporary Services Corp
Business Services
the United States
S
$107,128/per year
Showcase Cinemas
Business Services
the United States
A
$106,429/per year
Amentum Services Inc
Business Services
the United States
A
$106,199/per year
Allied Universal Security Services LLC
Business Services
the United States
S
$106,104/per year
Sodexo USA
Business Services
the United States
J
$105,192/per year
JLL Technologies
Business Services
the United States
I
$104,478/per year
Intact Insurance Group USA LLC
Business Services
the United States
N
$101,619/per year
NielsenIQ
Business Services
the United States
T
$101,470/per year
The Leading Edge Alliance
Business Services
the United States
H
$101,308/per year
Honeywell UOP
Business Services
the United States
R
$97,720/per year
Reeve & Associates
Business Services
the United States
M
$97,584/per year
ManpowerGroup Global Inc
Business Services
the United States
F
$95,980/per year
Financial Sys Nco
Business Services
the United States
A
$95,314/per year
Arrow Global Ltd
Business Services
the United States
C
$94,777/per year
CarMax Enterprise Services LLC
Business Services
the United States
D
$94,479/per year
DZConneX
Business Services
the United States
A
$93,802/per year
Adecco Staffing, USA
Business Services
the United States
R
$92,937/per year
Resource MFG
Business Services
the United States
Z
$92,774/per year
Zachry Brands Inc
Business Services
the United States
G
$88,138/per year
Greystar Worldwide LLC
Business Services
the United States
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FAQ about Mortgage Payment Processing Clerk
1. Where can a Mortgage Payment Processing Clerk earn the most?
A Mortgage Payment Processing Clerk's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Mortgage Payment Processing Clerk earns the most in San Jose, CA, where the annual salary of a Mortgage Payment Processing Clerk is $51,562.
2. What is the highest pay for Mortgage Payment Processing Clerk?
The highest pay for Mortgage Payment Processing Clerk is $47,037.
3. What is the lowest pay for Mortgage Payment Processing Clerk?
The lowest pay for Mortgage Payment Processing Clerk is $35,523.
4. What are the responsibilities of Mortgage Payment Processing Clerk?
Processes borrower mortgage payments and related transactions to ensure accurate posting and account reconciliation within the mortgage servicing system. Reviews payment information to verify accuracy and completeness before posting. Verifies payments to principal, interest, escrow, and fees in accordance with loan terms and servicing guidelines. Investigates and resolves payment discrepancies, unapplied funds, and transaction exceptions. Maintains accurate payment records and updates servicing systems to reflect account activity. Supports compliance and audit requirements by ensuring payment processing activities follow regulatory standards and internal controls. Requires a high school diploma. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.
5. What industry pays the highest salary for Mortgage Payment Processing Clerk?
The Financial Services industry offers the highest average compensation for Mortgage Payment Processing Clerk roles,
with salaries approximately 25% above the market median.
Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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