Home Loan Processor Salaries in Massachusetts
How Much Does a Home Loan Processor Make in Massachusetts?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Home Loan Processor in Massachusetts is $49,565.
While Salary.com is seeing that Home Loan Processor salary in MA can go up to $60,961
or down to $40,078, but most earn between $44,599 and $55,530.
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
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Similar Job Salaries to Home Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
bankESB
Loan Processor
|
$69,471/yr
|
RANGE: $59,340 - $79,603
|
|
Complete Staffing Solutions
Loan Processor
|
$72,805/yr
|
RANGE: $62,188 - $83,422
|
|
New American Funding
Bilingual Spanish Loan Processor
|
$100,553/yr
|
RANGE: $80,511 - $120,595
|
|
Hanscom
Senior Consumer Loan Processor
|
$72,482/yr
|
RANGE: $62,349 - $82,616
|
|
Wells Fargo
Senior Home Loan Processor
|
$62,165/yr
|
RANGE: $53,491 - $70,839
|
|
Azura Credit Union
Home Loan Processor
|
$64,085/yr
|
RANGE: $56,340 - $71,829
|
|
GESA CREDIT UNION
Home Loan Processor II
|
$66,897/yr
|
RANGE: $57,608 - $76,187
|
|
Golden 1 Talent Acquisition Team
Home Loan Equity Processor
|
$69,279/yr
|
RANGE: $59,613 - $78,945
|
|
Eagle Community Credit Union
Manufactured Home Loan Processor
|
$74,964/yr
|
RANGE: $63,717 - $86,211
|
Top 10 Highest Paying Cities For Home Loan Processor Jobs in Massachusetts
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Home Loan Processor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Home Loan Processor job salaries in Massachusetts.
Some cities can pay higher salaries for Home Loan Processor jobs, which can indicate that there is a large demand for Home Loan Processor positions in this city.
The following table shows top 10 cities where the Home Loan Processor salary is higher than other cities in Massachusetts.
Boston takes first place in this list, followed by Cambridge, Waltham.
The Home Loan Processor salary is $51,068 in Boston,
which is higher than the national average. There are 36 cities' Home Loan Processor salary higher than national average in Massachusetts.
The average salary for a Home Loan Processor in Massachusetts is $49,565,
but we found that the city with the highest salary for Home Loan Processor jobs is Boston, MA, and it is higher than Cambridge.
Home Loan Processor jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Boston | $51,068 | $4,256 | $982 | $25 |
| Cambridge | $51,068 | $4,256 | $982 | $25 |
| Waltham | $51,068 | $4,256 | $982 | $25 |
| Newton | $51,068 | $4,256 | $982 | $25 |
| Arlington | $51,068 | $4,256 | $982 | $25 |
| Brookline | $51,068 | $4,256 | $982 | $25 |
| Lynn | $51,068 | $4,256 | $982 | $25 |
| Malden | $51,068 | $4,256 | $982 | $25 |
| Medford | $51,068 | $4,256 | $982 | $25 |
| Quincy | $51,068 | $4,256 | $982 | $25 |
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
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Explore JobArchitectFrequently Asked Questions About a Home Loan Processor Salaries
What is the average of a Home Loan Processor in Massachusetts?
The Home Loan Processor salary range is from $44,599 to $55,530, and the average Home Loan Processor salary is $49,565/year in Massachusetts.
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 $57,173
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.
