Home Loan Processor Salaries in New York, NY
How Much Does a Home Loan Processor Make in New York, NY?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Home Loan Processor in New York, NY is $52,820.
While Salary.com is seeing that Home Loan Processor salary in New York, NY can go up to $64,962
or down to $42,713, but most earn between $47,529 and $59,176.
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 |
|---|---|---|
|
Jet Direct Mortgage
Loan Processor
|
$71,344/yr
|
RANGE: $61,033 - $81,655
|
|
Madison Mortgage Services Inc.
Loan Processor
|
$70,571/yr
|
RANGE: $60,408 - $80,735
|
|
Premium Merchant Funding
Loan Processor
|
$76,100/yr
|
RANGE: $65,102 - $87,098
|
|
Tomo
Mortgage Loan Processor
|
$83,113/yr
|
RANGE: $70,140 - $96,086
|
|
R & J Capital
Mortgage Loan Processor
|
$76,129/yr
|
RANGE: $65,051 - $87,207
|
|
H29 Wells Fargo International Solutions LLC-Philippines
Loan Documentation Processor
|
$81,022/yr
|
RANGE: $69,856 - $92,188
|
|
W3Global
Mortgage Loan Processor
|
$76,654/yr
|
RANGE: $65,500 - $87,809
|
|
CO
Commercial Loan Processor/Asset Recovery
|
$74,612/yr
|
RANGE: $62,902 - $86,323
|
|
Reliant Home Funding, Inc.
Bi-lingual (Spanish) Loan Processor
|
$75,439/yr
|
RANGE: $64,438 - $86,440
|
|
Haus Capital Corporation
Senior Loan Processor and Pipeline Lead
|
$67,179/yr
|
RANGE: $57,336 - $77,022
|
What Does a Home Loan Processor Do?
Mortgage processors streamline the mortgage loan process by compiling loan application documentation for the borrower.
Updated December 14, 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
While the loan officer or broker may be the person who “got you the loan” to begin with, it’s the processor that will likely take over once you’ve been “sold.”.
Updated December 15, 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 New York, NY?
The Home Loan Processor salary range is from $47,529 to $59,176, and the average Home Loan Processor salary is $52,820/year in New York, NY.
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 $56,754
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.
