As of February 01, 2025, the average annual salary for a Mortgage Loan Processor II in Massachusetts is $59,947. Salary.com reports that pay typically ranges from $52,127 to $70,187, with most professionals earning between $45,007 and $79,510.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,510 | $5,376 | $1,241 | $31 |
| Average | $55,098 | $4,592 | $1,060 | $26 |
| 25th Percentile | $47,911 | $3,993 | $921 | $23 |
An entry-level Mortgage Loan Processor II with under 1 year experience makes about $56,814. With less than 2 years of experience, a mid-level Mortgage Loan Processor II makes around $57,045. After 2-4 years, the Mortgage Loan Processor II pay rises to about $61,930. Those senior Mortgage Loan Processor II with 5-8 years of experience earn roughly $64,352, and those Mortgage Loan Processor II having 8 years or more experience are expected to earn about $64,655 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Loan Processor II | $56,814 |
| Intermediate Level Mortgage Loan Processor II | $57,045 |
| Senior Level Mortgage Loan Processor II | $61,930 |
| Specialist Level Mortgage Loan Processor II | $64,352 |
| Expert Level Mortgage Loan Processor II | $64,655 |
| Entry Level | 3% |
| Mid Level | 4% |
| Senior Level | 12% |
| Top Level | 17% |
| Experienced | 17% |
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Mortgage Loan Processor II salary varies from city to city. Compared with national average salary of Mortgage Loan Processor II, the highest Mortgage Loan Processor II salary is in San Francisco, CA, where the Mortgage Loan Processor II salary is 25.0% above. The lowest Mortgage Loan Processor II salary is in Miami, FL, where the Mortgage Loan Processor II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $68,873 |
25.0%
|
| Washington, DC | $61,325 |
11.3%
|
| Miami, FL | $53,170 |
|
| Chicago, IL | $57,798 |
4.9%
|
| Boston, MA | $61,765 |
12.1%
|
| New York, NY | $64,355 |
16.8%
|
