How Much Does a Home Loan Processor Make in Boston, MA?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Home Loan Processor in Boston, MA is $50,944. While Salary.com is seeing that Home Loan Processor salary in Boston, MA can go up to $62,659 or down to $41,195, but most earn between $45,841 and $57,076. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Home Loan Processor
Home Equity Loan Processor
$50,944
Boston, MA
Per Year
Loan Processor
$53,977
Boston, MA
Per Year
Loan Processor I
$48,848
Boston, MA
Per Year
Loan Processor II
$53,560
Boston, MA
Per Year
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Similar Job Salaries to Home Loan Processor by Company

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Company average base salary in (usd) range
MassHousing
Home Ownership Loan Processor
$74,585/yr
$63,843
$85,327
RANGE: $63,843 - $85,327
Make Your Move
Loan Analyst II (Loan Processor)
$102,874/yr
$82,368
$123,379
RANGE: $82,368 - $123,379
Seamen's Bank
Commercial Loan Processor/Closer
$57,670/yr
$50,003
$65,337
RANGE: $50,003 - $65,337
City National Bank
Mortgage Loan Processor II
$73,939/yr
$63,179
$84,699
RANGE: $63,179 - $84,699
Quincy Credit Union
Residential Processor/Loan Rep
$71,929/yr
$61,940
$81,918
RANGE: $61,940 - $81,918
National Mortgage Staffing
Home Equity Loan Processor
$63,162/yr
$54,350
$71,975
RANGE: $54,350 - $71,975
Boeing Employees' Credit Union
Home Equity Loan Processor
$68,916/yr
$59,301
$78,531
RANGE: $59,301 - $78,531
B10 Wells Fargo Bank, N. A.
Home Loan Processor (Safe)
$62,387/yr
$54,036
$70,738
RANGE: $54,036 - $70,738
Wells Fargo
Home Loan Processor (Safe)
$65,723/yr
$56,925
$74,521
RANGE: $56,925 - $74,521
GESA CREDIT UNION
Home Loan Processor II
$67,630/yr
$58,238
$77,022
RANGE: $58,238 - $77,022

Open Home Loan Processor Jobs in Boston, MA

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What Does a Home Loan Processor Do?

When all of the loan documentation has been completed, the processor finally submits the loan into mortgage underwriting.
Updated November 24, 2021
Once the borrower decides on the type and size of the loan, this information is passed on to the mortgage processor, who then files the paperwork.
Updated October 13, 2021
Next, the loan processor arranges a home appraisal to ensure the requested mortgage amount matches up to the home’s appraised value.
Updated December 20, 2021
The loan processor is responsible for processing mortgage applications and getting them prepared for the mortgage underwriter.
Updated December 16, 2021
You can usually expect a mortgage loan processor to be involved throughout the application process: from pre-approval to closing.
Updated December 16, 2021

Frequently Asked Questions About a Home Loan Processor Salaries

What is the average of a Home Loan Processor in Boston, MA?

The Home Loan Processor salary range is from $45,841 to $57,076, and the average Home Loan Processor salary is $50,944/year in Boston, MA. The Home Loan Processor's salary will change in different locations.

Which location pays the highest Home Loan Processor salary in the United States?

The Home Loan Processor salary in San Jose, CA is $57,034 which is the highest in the US.

What kinds of reasons will influence the Home Loan Processor's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Home Loan Processor.

What is the growth rate of the Home Loan Processor's salary?

If you are thinking of becoming a Home Loan Processor or planning the next step in your career, find the detailed salary report of a Home Loan Processor.