Loan Modification Processor Salaries in Boise, ID
How Much Does a Loan Modification Processor Make in Boise, ID?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Loan Modification Processor in Boise, ID is $43,393.
While Salary.com is seeing that Loan Modification Processor salary in Boise, ID can go up to $60,476
or down to $25,639, but most earn between $34,100 and $52,335.
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 Loan Modification Processor
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Similar Job Salaries to Loan Modification Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
THE BANK OF COMMERCE
Loan Processor
|
$47,624/yr
|
RANGE: $41,652 - $53,597
|
|
Westmark Credit Union
Indirect Loan Processor
|
$50,264/yr
|
RANGE: $43,994 - $56,534
|
|
Idaho Central Credit Union
Indirect Loan Processor-Chubbuck
|
$56,619/yr
|
RANGE: $48,436 - $64,802
|
|
Texana Bank National Association
Mortgage Loan Processor; BR 34 - Dildine; 12/3/2024
|
$60,969/yr
|
RANGE: $52,097 - $69,841
|
|
American Home Saver-Texas Mortage Assistance Program
Mortgage Modification Processor
|
$50,909/yr
|
RANGE: $44,892 - $56,926
|
|
THE BANK OF COMMERCE
Loan Officer
|
$67,231/yr
|
RANGE: $55,779 - $78,683
|
|
DL Evans Bank
Loan Assistant
|
$54,208/yr
|
RANGE: $46,025 - $62,390
|
|
TruGrocer Federal Credit Union
Loan Officer
|
$90,844/yr
|
RANGE: $72,411 - $109,276
|
|
Sandia Area
Loan processor
|
$60,014/yr
|
RANGE: $51,680 - $68,347
|
|
Bank of Coushatta
Loan Processor
|
$62,409/yr
|
RANGE: $53,315 - $71,502
|
What Does a Loan Modification Processor Do?
Having experience in the lending industry helps prepare an individual’s transition to a career as a loan modification specialist.
Updated December 02, 2021
If a lender discounts (reduces) the principal balance of a loan because you pay it off early, or agrees to a loan modification (a "workout") that includes a reduction in the principal balance of a loan, the amount of the discount or the amount of principal reduction is canceled debt.
Updated December 12, 2021
Interested candidates should spend some time learning and working in the banking industry, specifically the lending side, before venturing over to loan modifications.
Updated December 12, 2021
At first, you will work on all types of loans, including new loans, extensions, renewals and modifications.
Updated December 10, 2021
This person will have a lot of questions for you, but one of the first will be: Do you want to stay in your home? If the answer is yes, we'll likely discuss applying for a loan modification that changes the terms of your loan.
Updated December 10, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Modification Processor Salaries
What is the average of a Loan Modification Processor in Boise, ID?
The Loan Modification Processor salary range is from $34,100 to $52,335, and the average Loan Modification Processor salary is $43,393/year in Boise, ID.
The Loan Modification Processor's salary will change in different locations.
Which location pays the highest Loan Modification Processor salary in the United States?
The Loan Modification Processor salary in San Jose, CA is $58,558
which is the highest in the US.
What kinds of reasons will influence the Loan Modification 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 Loan Modification Processor.
What is the growth rate of the Loan Modification Processor's salary?
If you are thinking of becoming a Loan Modification Processor or planning the next step in your career, find the detailed salary report of a Loan Modification Processor.
