How much does a Mortgage Loan Processor III make in the United States? The average Mortgage Loan Processor III salary in the United States is $51,731 as of May 27, 2021, but the range typically falls between $46,699 and $56,736. 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, helps you determine your exact pay target. 

Based on HR-reported data: a national average with a geographic differential
25% $46,699 10% $42,117 90% $61,292 75% $56,736 $51,731 50%(Median)
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Check out Mortgage Loan Processor jobs in Virginia

Mortgage Loan Post-Closer

NRL Federal Credit Union - Alexandria, VA

Mortgage Loan Processor

StraussGroup - Executive Search Consultants - Annandale, VA

Mortgage Loan Processor

Latitude, Inc. - Arlington, VA

Job Description for Mortgage Loan Processor III

Mortgage Loan Processor III 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 III ensures all documents are prepared and finalized in compliance with policies and procedures. Provides management with reports on loan activities. Additionally, Mortgage Loan Processor III requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. The Mortgage Loan Processor III has gained proficiency in multiple competencies relevant to the job. Works independently within established procedures associated with the specific job function. To be a Mortgage Loan Processor III typically requires 3-5 years of related experience. (Copyright 2021 View full job description

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Job Openings for Mortgage Loan Processor III
Those that have already made the climb...
Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2019
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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
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

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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 III in the United States. The base salary for Mortgage Loan Processor III ranges from $46,699 to $56,736 with the average base salary of $51,731. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $47,946 to $58,863 with the average total cash compensation of $53,475.
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Skills associated with Mortgage Loan Processor III: Mortgage Loans, Loan Software, Quality Assurance Process, Loan Processing ...More

Salary estimation for Mortgage Loan Processor III at companies like : FS Bancorp, Inc., HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

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