How much does a Mortgage Loan Processor II make in the United States? The average Mortgage Loan Processor II salary in the United States is $42,113 as of April 27, 2021, but the range typically falls between $37,773 and $48,042. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

25% $37,773 10% $33,822 90% $53,439 75% $48,042 $42,113 50%(Median)
Change Search Criteria
Check out Mortgage Loan Processor jobs in Virginia

Mortgage Loan Processor - Fairfax, VA

F.N.B. Corporation (FNB) - Chantilly, VA

Mortgage Loan Processor

RemX - Dumfries, VA

REMOTE Mortgage Loan Processor

Raymond Search Group - Fairfax, VA

Mortgage Processor - Remote

Atlantic Coast Mortgage LLC - Fairfax, VA

Job Description for Mortgage Loan Processor II

Mortgage Loan Processor II obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Being a Mortgage Loan Processor II ensures all documents are prepared and finalized in compliance with policies and procedures. Provides management with reports on loan activities. Additionally, Mortgage Loan Processor II requires a high school diploma or its equivalent. Typically reports to a supervisor. The Mortgage Loan Processor II gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. To be a Mortgage Loan Processor II typically requires 1-3 years of related experience. (Copyright 2021 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Mortgage Loan Processor II.

Job Openings for Mortgage Loan Processor II
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2019
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Loan Processor II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
37773
48042
42113

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
38798
50308
43537
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Processor II in the United States. The base salary for Mortgage Loan Processor II ranges from $37,773 to $48,042 with the average base salary of $42,113. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $38,798 to $50,308 with the average total cash compensation of $43,537.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

37773
48042

 

Step 3 of 3

How much should you be paid?

View the Cost of Living in Major Cities

Skills associated with Mortgage Loan Processor II: Loan Processing, Loan Software, Quality Assurance Process, Mortgage Loans ...More

Salary estimation for Mortgage Loan Processor II at companies like : PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC, Square, Inc.