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 $48,685 as of April 26, 2022, but the range typically falls between $43,010 and $56,122. 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.
Mortgage Loan Processor II performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Being a Mortgage Loan Processor II verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Mortgage Loan Processor II ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Mortgage Loan Processor II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Mortgage Loan Processor II typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification. (Copyright 2022 Salary.com)... View full job description
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Fiscal Year Ended in 2020
What does a Mortgage Loan Processor II do?
Mortgage Loan Processor II in Green Bay, WI
Got an interview coming up where you’re applying for the role of a Mortgage Loan Processor? We’ve got you covered! Here you can find some of the most often asked Mortgage Loan Processor interview questions with advice on how to reply.
December 13, 2019
Mortgage Loan Processor II in Lompoc, CA
You’ll probably meet your processor shortly after pre-qualifying for your home loan.
February 08, 2020
Mortgage Loan Processor II in Laramie, WY
Knowledgeable and efficient Mortgage Loan Processor with 8 years experience in financial and lending offices.
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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 $43,010 to $56,122 with the average base salary of $48,685. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,466 to $59,773 with the average total cash compensation of $51,094.