What are the main factors that influence a Home Loan Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Home Loan Processor's salary?

A Home Loan Processor's salary grows with experience: a Home Loan Processor (0-1 years)earns $48,017, a Mortgage Loan Processor II (1-3 years)earns $53,474, a Loan Processing Manager (3-5 years)earns $103,320,

What are the highest paying states for a Home Loan Processor?

Home Loan Processor salary varies significantly by state. The top 3 highest paying states for Home Loan Processor roles are District of Columbia $50,993, California $50,800, Massachusetts $50,123. These tech hubs typically pay 10-15% above the national average.

How much do different types of Home Loan Processor roles make?

Salaries for Home Loan Processor level roles vary by specialization: Loan Processor III: $59,251; Junior Loan Processor: $56,598; Jr Loan Processor: $50,790; Loan Document Processor: $49,758; Loan Processor II: $48,897.

Home Loan Processor Salary in Rhode Island

How much does a Home Loan Processor make in Rhode Island?

As of April 01, 2026, the average salary for a Home Loan Processor in Rhode Island is $47,751 per year, which breaks down to an hourly rate of $23.

However, a Home Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $53,909
Majority Range (25th-75th percentile): $43,924 to $50,974
Entry-Level (10th percentile): $40,439

Compensation Planning

Develop a Job Description

Pay Equity

2025 Compensation Trend

Smart Recruiting

Recruit with AI

Salary Salary + Bonus Benefits

View as table

Home Loan Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$50,974	$4,248	$980	$25
Average	$47,751	$3,979	$918	$23
25th Percentile	$43,924	$3,660	$845	$21

You may get higher pay by adjusting the following factors:

Change Search Criteria

Check out Home Loan Processor Job Openings in Rhode Island

Mortgage Loan Processor

Mutual of Omaha Mortgage - Providence, RI

Mortgage Loan Processor

Mutual of Omaha Mortgage - Pawtucket, RI

Registered Nurse Home Health

24 Hour Care Home Health Agency - DUBUQUE, IA

Registered Dental Hygienist

Confidential - MOUNTAIN HOME, ID

Search More Home Loan Processor Jobs in Rhode Island

Key Factors That Influence Home Loan Processor Salaries

A Home Loan Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Do Home Loan Processor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Home Loan Processors. For example, consider the average annual salaries in these key locations:

District of Columbia: $50,993.
California: $50,800.
Massachusetts: $50,123.

District of Columbia $50,993 California $50,800 Massachusetts $50,123 Washington $49,939 New Jersey $49,920 Alaska $49,856 Connecticut $49,220 New York $48,962

Hawaii $48,138 Rhode Island $47,751 Maryland $47,488 Minnesota $47,129 Colorado $46,991 Illinois $46,945 Oregon $46,770 Delaware $46,641

New Hampshire $46,560 Virginia $46,378 Pennsylvania $45,849 Nevada $45,582 North Dakota $45,494 Michigan $45,356 Wisconsin $45,305 Vermont $45,204

Texas $44,923 Maine $44,905 Arizona $44,877 Ohio $44,845 Georgia $44,421 Indiana $44,209 Wyoming $44,168 Utah $44,103

Iowa $44,076 Kansas $43,855 Louisiana $43,790 North Carolina $43,767 Missouri $43,758 Florida $43,578 Montana $43,482 Nebraska $43,389

Kentucky $43,339 South Carolina $43,155 Tennessee $43,039 Idaho $42,993 New Mexico $42,657 Oklahoma $42,583 Alabama $42,312 South Dakota $41,856

Arkansas $41,607 West Virginia $41,474 Mississippi $41,073

Top Paying Cities for Home Loan Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Adamsville: $48,534
Albion: $47,728
Ashaway: $48,718

Adamsville, RI $48,534 Albion, RI $47,728 Ashaway, RI $48,718 Barrington, RI $47,728 Block Island, RI $48,465 Bradford, RI $48,686 Bristol, RI $47,682 Carolina, RI $48,290

Charlestown, RI $48,340 Chepachet, RI $47,636 Clayville, RI $47,682 Coventry, RI $47,636 West Greenwich, RI $47,604 East Greenwich, RI $47,668 Exeter, RI $48,686 Fiskeville, RI $47,728

Forestdale, RI $47,682 Foster, RI $47,604 Glendale, RI $47,604 Greene, RI $48,138 Greenville, RI $47,728 Harmony, RI $47,714 Harrisville, RI $47,636 Hope, RI $47,728

Hope Valley, RI $48,718 Hopkinton, RI $48,732 Jamestown, RI $48,244 Kenyon, RI $48,672 Little Compton, RI $48,515 Manville, RI $47,728 Mapleville, RI $47,604 Newport, RI $48,253

Middletown, RI $48,456 North Kingstown, RI $47,590 North Scituate, RI $47,714 Oakland, RI $47,650 Pascoag, RI $47,622 Pawtucket, RI $47,728 Central Falls, RI $47,728 Cumberland, RI $47,728

Lincoln, RI $47,728 Portsmouth, RI $48,060 Prudence Island, RI $47,636 Rockville, RI $48,732 Saunderstown, RI $48,271 Shannock, RI $48,658 Slatersville, RI $47,682 Slocum, RI $48,271

Tiverton, RI $48,548 Wakefield, RI $48,221 Kingston, RI $48,230 Narragansett, RI $48,239 Peace Dale, RI $48,221 Warren, RI $47,714 Warwick, RI $47,728 Westerly, RI $48,746

West Kingston, RI $48,258 West Warwick, RI $47,728 Wood River Junction, RI $48,686 Woonsocket, RI $47,682 North Smithfield, RI $47,714 Wyoming, RI $48,672 Providence, RI $47,728 Cranston, RI $47,728

North Providence, RI $47,728 East Providence, RI $47,728 Riverside, RI $47,728 Rumford, RI $47,728 Smithfield, RI $47,728 Johnston, RI $47,728

Home Loan Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Home Loan Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on April 01, 2026

$43,924

Average $47,751/year

$50,974

$3,660

Average $3,979/month

$4,248

$845

Average $918/week

$980

$21

Average $23/hour

$25

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$50,974	$4,248	$980	$25
Average	$47,751	$3,979	$918	$23
25th Percentile	$43,924	$3,660	$845	$21

Salaries of jobs related to Home Loan Processor

Find Your Next Home Loan Processor Job

Ready to take the next step in your career? Browse thousands of current Home Loan Processor job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Rhode Island

Cost of Living in Rhode Island is

3.7% Higher

than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator

Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting

See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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