Residential Loan Processor Salaries in Gary, IN
How Much Does a Residential Loan Processor Make in Gary, IN?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Residential Loan Processor in Gary, IN is $47,313.
While Salary.com is seeing that Residential Loan Processor salary in Gary, IN can go up to $56,229
or down to $37,217, but most earn between $42,029 and $51,980.
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
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Similar Job Salaries to Residential Loan Processor by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Centra Corporation
Mortgage Loan Processor
|
$54,171/yr
|
RANGE: $48,717 - $59,626
|
|
Heritage Federal Credit Union
Mortgage Loan Processor
|
$55,604/yr
|
RANGE: $50,006 - $61,202
|
|
Northwest Bank
Senior Virtual Loan Processor
|
$53,946/yr
|
RANGE: $48,516 - $59,376
|
|
Community First Bank
Residential Loan Processor II
|
$57,151/yr
|
RANGE: $51,398 - $62,904
|
|
Merchants National Bank
Residential Loan Processor I
|
$100,672/yr
|
RANGE: $88,896 - $112,448
|
|
AgGeorgia Farm Credit
Residential Mortgage Loan Processor
|
$57,482/yr
|
RANGE: $51,695 - $63,270
|
|
LIBERTY FEDERAL CREDIT UNION
Account Service Representative/Loan Processor
|
$41,157/yr
|
RANGE: $38,012 - $44,303
|
|
Procom Services
US - Loan Processor - Residential Mortgage III
|
$72,792/yr
|
RANGE: $65,740 - $79,845
|
|
Coffee County Bank
Loan Processor
|
$52,642/yr
|
RANGE: $47,343 - $57,941
|
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
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Explore JobArchitectFrequently Asked Questions About a Residential Loan Processor Salaries
What is the average of a Residential Loan Processor in Gary, IN?
The Residential Loan Processor salary range is from $42,029 to $51,980, and the average Residential Loan Processor salary is $47,313/year in Gary, IN.
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 $60,006
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.
