DIRECT MORTGAGE LOANS Mortgage Processor Salary in the United States

How much does an Mortgage Processor make at companies like DIRECT MORTGAGE LOANS in the United States? The average salary for Mortgage Processor at companies like DIRECT MORTGAGE LOANS in the United States is $52,807 as of March 26, 2024, but the range typically falls between $46,176 and $59,439. 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.  View the Cost of Living in Major Cities2

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What does an Mortgage Processor do at companies like DIRECT MORTGAGE LOANS?

Are you seeking an opportunity with a growing company that values, effective, proactive, and respectful communication which fosters teamwork, transparency, and accountability to our clients, partners, and each other? A company that believes a solution-focused positive attitude drives extraordinary results?


Are you?:


  • Thorough
  • Focused
  • Systematic
  • Resourceful
  • Methodical
  • Timely
  • Customer Service Oriented


...then you should apply.


The Mortgage Processor will focus on timely, thorough and accurate processing, verification and packaging of data. Processors are to track support information, ensuring the highest quality in loan document preparation and the timely submission of loan packaging to underwriting. He or she will also act as customer service advocate, interacting with the Loan Officer and clients.


Job Functions:

  • Collect, maintain and accurately prepare and process loan documentation according to specific guidelines
  • Maintains and updates loan application information within loan origination software and other applications
  • Responsible for prompt, courteous internal and external customer service in a professional manner
  • Input all incoming loan package data into Encompass system accurately and submit quality loan packages to underwriting/post closing departments in a timely manner.
  • Analyze credit, income, asset and collateral documents and submit files to underwriting
  • Prioritize and address customer needs and demands in a professional manner, providing follow-up and developing cooperative relationships
  • Manage pipeline on a daily basis
  • Maintains knowledge of all policies and modifications to the guidelines and standards of the company


Requirements:

  • 3+ years of Mortgage Loan Processing experience.
  • 2+ years of FHA/VA experience.
  • Maintaining a pipeline 40-50+ loans
  • Knowledge of Conventional, FHA and VA guidelines
  • Experience working with automated underwriting systems (DU/LP)
  • Knowledge of State/Federal regulations to maintain loan file compliance
  • Superior internal and external customer service skills, interpersonal and communication skills


Check out Mortgage Processor jobs in Columbus, Ohio

Bilingual Loan Processor (On-Site)

CrossCountry Mortgage, LLC. - Amherst, OH

Mortgage Operations

Tata Consultancy Services - Cincinnati, OH

Sales Representative

Royal United Mortgage - Cincinnati, OH

$46,176 Low Average $52,807 High $59,439

Understand the total compensation opportunity for Mortgage Processor at companies like DIRECT MORTGAGE LOANS, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$46,176
$59,439
$52,807
The chart shows total cash compensation for the DIRECT MORTGAGE LOANS Mortgage Processor in the United States, which includes base, and annual incentives can vary anywhere from $46,176 to $59,439 with an average total cash compensation of $52,807. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
Job Openings for DIRECT MORTGAGE LOANS Mortgage Processor
UNIFIED BANK - Martins Ferry , OH
Satisfactory performance in this respect is closing a loan within 45 working days from the date of application for loans involving approvals. 4. For secondary market mortgage loans, the Processor ...
ZipRecruiter - 43 days ago
NFM Lending - Worthington , OH
Job description This candidate will be responsible for the entire end-to-end mortgage loan process. They will gather and process all loan documentation and ensure compliance with policy, regulatory ...
LinkedIn - 17 days ago
Dollar Bank - Cleveland , OH
... mortgage process Properly quote interest rates for loan programs offered and lock-in the interest rate at the time of the borrower's request Achieve assigned production goals Actively network with ...
Adzuna - 18 days ago
Lee Wealth Group Mortgage - Columbus , OH
Monitor the mortgage process to ensure all company and regulatory processes are adhered to * Exceed our production standards by maintaining an active pipeline * Ensure accurate and timely preparation ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 64 days ago
Loan Processors ** Loan Officers ** Mortgage Loan Assistants ** Strong Customer Services a Must! You will work directly with home buying customers. You will impact the lives of our customers while ...
LinkedIn - 4 days ago
Civista Bank - Westlake , OH
The Senior Mortgage Lender originates first mortgage loans, promotes the Bank and its lending ... Complete each loan application and all pre-processing functions to include but not limited to ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 12 days ago

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