Loan Modification Processor Salaries in Worcester, MA
How Much Does a Loan Modification Processor Make in Worcester, MA?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Loan Modification Processor in Worcester, MA is $49,226.
While Salary.com is seeing that Loan Modification Processor salary in Worcester, MA can go up to $68,604
or down to $29,086, but most earn between $38,684 and $59,369.
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 |
|---|---|---|
|
SouthCoast Processing
Mortgage Loan Processor
|
$69,501/yr
|
RANGE: $59,387 - $79,614
|
|
Seamen's Bank
Commercial Loan Processor/Closer
|
$57,397/yr
|
RANGE: $49,766 - $65,028
|
|
Robert Half
Loan Processor - Support
|
$69,239/yr
|
RANGE: $58,773 - $79,705
|
|
Dean Co-Operative Bank
Mortgage Loan Processor/Closing Coordinator
|
$99,589/yr
|
RANGE: $79,386 - $119,792
|
|
American Home Saver-Texas Mortage Assistance Program
Mortgage Modification Processor
|
$50,909/yr
|
RANGE: $44,892 - $56,926
|
|
$45,241/yr
|
RANGE: $38,309 - $52,173
|
|
|
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
|
|
Lincoln National Bank
Loan Processor
|
$54,630/yr
|
RANGE: $47,346 - $61,913
|
What Does a Loan Modification Processor Do?
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
Loan modification specialists typically possess loan experience -- as many of them are and were former loan officers.
Updated December 03, 2021
The lender agrees to a loan modification that results in the reduction of the principal balance of the debt.
Updated November 13, 2021
����� (c) A loan processor who is an independent contractor and who is associated with a mortgage broker, mortgage banker or person who holds a certificate of exemption pursuant to.
Updated October 10, 2021
If you are thinking of becoming a Loan Modification Processor or planning the next step in your career, find details about.
Updated September 26, 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 Worcester, MA?
The Loan Modification Processor salary range is from $38,684 to $59,369, and the average Loan Modification Processor salary is $49,226/year in Worcester, MA.
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.
