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. 

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Based on HR-reported data: a national average with a geographic differential
25% $43,010 10% $37,843 90% $62,893 75% $56,122 $48,685 50%(Median)
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Mortgage Loan Processor

StraussGroup - Executive Search Consultants - Dumfries, VA

Mortgage Loan Processor

StraussGroup - Executive Search Consultants - Fairfax, VA

Job Description for Mortgage Loan Processor II

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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Job Openings for Mortgage Loan Processor II
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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 2020
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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%

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

Average Base Salary

Core compensation

 
 
 
43010
56122
48685

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44466
59773
51094
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.
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43010
56122

 

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

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

Jobs with a similar salary range to Mortgage Loan Processor II : Business Credit Analyst