How Much Does a Residential Loan Processor Make in Davenport, IA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Residential Loan Processor in Davenport, IA is $44,771. While Salary.com is seeing that Residential Loan Processor salary in Davenport, IA can go up to $53,208 or down to $35,217, but most earn between $39,770 and $49,187. 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 Residential Loan Processor
Loan Processor
$45,354
Davenport, IA
Per Year
Loan Processor I
$41,153
Davenport, IA
Per Year
Loan Processor II
$45,118
Davenport, IA
Per Year
Loan Processor III
$54,312
Davenport, IA
Per Year
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Similar Job Salaries to Residential Loan Processor by Company

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Company average base salary in (usd) range
Malvern Bank
Loan Processor
$59,886/yr
$51,570
$68,202
RANGE: $51,570 - $68,202
Primebank
Loan Processor
$43,515/yr
$37,904
$49,127
RANGE: $37,904 - $49,127
Innova
Loan processor
$64,189/yr
$54,829
$73,550
RANGE: $54,829 - $73,550
$39,643/yr
$35,628
$43,657
RANGE: $35,628 - $43,657
Veridian Credit Union
Mortgage Loan Processor
$65,920/yr
$55,895
$75,945
RANGE: $55,895 - $75,945
Primary Residential Mortgage Inc
Loan Officer Assistant/Processor
$87,531/yr
$70,083
$104,979
RANGE: $70,083 - $104,979
B10 Wells Fargo Bank, N. A.
Loan Documentation Processor
$58,211/yr
$50,119
$66,302
RANGE: $50,119 - $66,302
KEYSTONE SAVINGS BANK
Loan Processor Specialist
$54,630/yr
$47,346
$61,913
RANGE: $47,346 - $61,913

Open Residential Loan Processor Jobs in Davenport, IA

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What Does a Residential Loan Processor Do?

(Loan Processor Trainee) - (Pulte Mortgage) Loan Processor (Experienced) + Mortgage Banking 1 (MB1) Trainee Program (No Experience) -- Denver, CO salaries in Englewood, CO.
Updated December 17, 2021
When all of the loan documentation has been completed, the processor finally submits the loan into mortgage underwriting.
Updated December 17, 2021
A mortgage processor, or loan processor, is responsible for assembling, administering and processing your loan application paperwork before it gets approved by the loan underwriter.
Updated December 16, 2021
Found a job posting for “Mortgage Loan Processor Trainee” and mentions no real estate experience needed.
Updated December 16, 2021
Loan processors order and analyze your credit report by looking for any inaccuracies, late payments and collections.
Updated December 16, 2021

Frequently Asked Questions About a Residential Loan Processor Salaries

What is the average of a Residential Loan Processor in Davenport, IA?

The Residential Loan Processor salary range is from $39,770 to $49,187, and the average Residential Loan Processor salary is $44,771/year in Davenport, IA. The Residential Loan Processor's salary will change in different locations.

Which location pays the highest Residential Loan Processor salary in the United States?

The Residential Loan Processor salary in San Jose, CA is $59,207 which is the highest in the US.

What kinds of reasons will influence the Residential 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 Residential Loan Processor.

What is the growth rate of the Residential Loan Processor's salary?

If you are thinking of becoming a Residential Loan Processor or planning the next step in your career, find the detailed salary report of a Residential Loan Processor.