How much does a Mortgage Loan Processor II make in Salt Lake City, UT? The average Mortgage Loan Processor II salary in Salt Lake City, UT is $49,679 as of February 26, 2024, but the range typically falls between $43,883 and $57,273. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Loan Processor II Salary $38,607 Salt Lake City,UT February 26, 2024
25th Percentile Mortgage Loan Processor II Salary $43,883 Salt Lake City,UT February 26, 2024
50th Percentile Mortgage Loan Processor II Salary $49,679 Salt Lake City,UT February 26, 2024
75th Percentile Mortgage Loan Processor II Salary $57,273 Salt Lake City,UT February 26, 2024
90th Percentile Mortgage Loan Processor II Salary $64,186 Salt Lake City,UT February 26, 2024
25% $43,883 10% $38,607 90% $64,186 75% $57,273 $49,679 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Mortgage Loan Processor II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

3.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Customer Service 7.5%
Background Check 0.77%
Microsoft Office 1.72%
Others 90.01%

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. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Mortgage Loan Processor II.

Salary.com job board provides millions of Mortgage Loan Processor II information for you to search for. Click on search button below to see Mortgage Loan Processor II job openings or enter a new job title here.

Job Openings for Mortgage Loan Processor II in Salt Lake City, UT

Career Path for Mortgage Loan Processor II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Loan Processor II, the first career path typically starts with a Loan Processor III position, and then Loan Processing Supervisor.

The second career path typically progresses to Loan Processing Assistant Manager.

Additionally, the third career path typically progresses to Loan Processing Manager.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Mortgage Loan Processor II

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

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 2.9% lower than national average salary.

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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
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

 
 
 
43883
57273
49679

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
45372
61006
52141
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 Salt Lake City, UT. The base salary for Mortgage Loan Processor II ranges from $43,883 to $57,273 with the average base salary of $49,679. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $45,372 to $61,006 with the average total cash compensation of $52,141.
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.

43883
57273

 

Step 3 of 3

How much should you be paid?

About Salt Lake City, Utah    Salt Lake City has an area of 110.4 square miles (286 km2) and an average elevation of 4,327 feet (1,319 m) above sea level. The lowest point within t....More

Salt Lake City, Utah  area prices were up 2.3% from a year ago    View the Cost of Living in Salt Lake City, Utah

Mortgage Loan Processor II Salary in popular cities: ProvoWest JordanOrem

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

Recently searched related titles: Jr Loan Processor, Esports Coordinator

Jobs with a similar salary range to Mortgage Loan Processor II : Senior Mortgage Consultant, Syndicated Loan Analyst, Legal Asst

Salary estimation for Mortgage Loan Processor II at companies like : Mori Hosseini College of Hospitality Management, Stemmons Rehabilitation Center Inc, Now - Tech Industries Inc

Jobs with a similar salary range to Mortgage Loan Processor II : Bookbinder, Mortgage Specialist