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Mortgage Loan Processor I Salary in Java, SD

How much does a Mortgage Loan Processor I make in Java, SD?

As of March 01, 2026, the average salary for a Mortgage Loan Processor I in Java, SD is $37,250 per year, which breaks down to an hourly rate of $18.

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

  • Top Earners (90th percentile): $42,299
  • Majority Range (25th-75th percentile): $34,486 to $39,893
  • Entry-Level (10th percentile): $31,970
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View as table View as graph 25% $34,486 10% $31,970 90% $42,299 75% $39,893 $37,250 50%(Median) Didn’t find job title? Click

Mortgage Loan Processor I Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $39,893 $3,324 $767 $19
Average $37,250 $3,104 $716 $18
25th Percentile $34,486 $2,874 $663 $17
Check out Mortgage Loan Processor I Job Openings in Java, SD
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Key Factors That Influence Mortgage Loan Processor I Salaries

A Mortgage Loan Processor I'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 Mortgage Loan Processor Salaries?

Experience is a primary driver of a Mortgage Loan Processor I'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:

  • Mortgage Loan Processor I (0-1 years): $37,250
  • Mortgage Loan Processor II (1-3 years): $41,483
  • Loan Processing Manager (3-5 years): $80,144
Job Role Years of Experience Average Salary
Mortgage Loan Processor I0-1 years$37,250
Mortgage Loan Processor II1-3 years$41,483
Loan Processing Manager3-5 years$80,144
$37,250 Mortgage ...
$41,483 Mortgage ...
$80,144 Loan Proc...
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What Am I Worth?

Top Paying Cities for Mortgage Loan Processor Is

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: $56,777
  • San Francisco: $56,219
  • Oakland: $54,972

What Skills Can Increase a Mortgage Loan Processor I's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 6.81% 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.
  • Loan Processing (Mentioned in 3.3% Job Postings): The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.
  • Onboarding (Mentioned in 1.72% Job Postings): Onboarding, also known as organizational socialization, is management jargon first created in the 1970's that refers to the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors in order to become effective organizational members and insiders. It is the process of integrating a new employee into the organization and its culture. Tactics used in this process include formal meetings, lectures, videos, printed materials, or computer-based orientations to introduce newcomers to their new jobs and organizations. Research has demonstrated that these socialization techniques lead to positive outcomes for new employees such as higher job satisfaction, better job performance, greater organizational commitment, and reduction in occupational stress and intent to quit.. These outcomes are particularly important to an organization looking to retain a competitive advantage in an increasingly mobile and globalized workforce. In the United States, for example, up to 25% of workers are organizational newcomers engaged in an onboarding process. The term induction is used instead in regions such as Australia, New Zealand, Canada, and parts of Europe. This is known in some parts of the world as training.
See More Skills
Skills Demand Percentage
Customer Service 6.81%
Loan Processing 3.3%
Onboarding 1.72%
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 a Mortgage Loan Processor I's salary.
  • Leadership: Can increase your salary by up to 9%.
  • Sense Of Urgency: Can increase your salary by up to 7%.
  • Wholesale: Can increase your salary by up to 7%.
Skill Salary Salary % Increase
Leadership
$40,602
9%
Sense Of Urgency
$39,857
7%
Wholesale
$39,857
7%
Initiative
$39,112
5%
Dedication
$39,112
5%
Onboarding
$39,112
5%
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Mortgage Loan Processor I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Loan 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.

Last Updated on March 01, 2026

Mortgage Loan Processor I Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Mortgage Loan 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.

Mortgage Loan Processor I Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Loan Processor II $40,461 9%
Commercial Loan Processor $49,408 33%
Mortgage Loan Processor II $41,483 11%

Find Your Next Mortgage Loan Processor I Job

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

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Cost of Living In Java, SD

Cost of Living in Java, SD is
-6.1% Lower
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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