How Much Does a Residential Loan Processor Make in Miami, FL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Residential Loan Processor in Miami, FL is $45,710. While Salary.com is seeing that Residential Loan Processor salary in Miami, FL can go up to $54,323 or down to $35,956, but most earn between $40,605 and $50,219. 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
$46,423
Miami, FL
Per Year
Loan Processor II
$46,100
Miami, FL
Per Year
Loan Processor III
$53,843
Miami, FL
Per Year
Loan Processor I
$41,951
Miami, FL
Per Year
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Similar Job Salaries to Residential Loan Processor by Company

FIND A SPECIFIC EMPLOYER
Loading results...
Company average base salary in (usd) range
$54,694/yr
$49,188
$60,200
RANGE: $49,188 - $60,200
Harvesters Credit Union
Loan Processor
$52,376/yr
$47,103
$57,648
RANGE: $47,103 - $57,648
Lower
Loan Processor
$54,979/yr
$49,444
$60,513
RANGE: $49,444 - $60,513
Integrated Business Financing
Loan Processor Team Lead
$65,811/yr
$59,732
$71,891
RANGE: $59,732 - $71,891
SecurityNational Mortgage Company
Mortgage Loan Processor
$54,941/yr
$49,409
$60,472
RANGE: $49,409 - $60,472
$54,825/yr
$49,304
$60,345
RANGE: $49,304 - $60,345
Onyx Funding
Mortgage Loan Processor
$56,402/yr
$50,724
$62,081
RANGE: $50,724 - $62,081
First Bancorp
MORTGAGE LOAN PROCESSOR - FLORIDA
$50,772/yr
$46,687
$54,857
RANGE: $46,687 - $54,857
HireLogic Search Group
Senior Loan Processor
$56,884/yr
$51,182
$62,586
RANGE: $51,182 - $62,586
Lennar Mortgage
Senior Loan Processor
$53,514/yr
$48,150
$58,879
RANGE: $48,150 - $58,879

What Does a Residential Loan Processor Do?

Difference between loan processor and underwriter The loan processor and loan underwriter are both integral parts of the mortgage process but they have different responsibilities and skill sets.
Updated October 29, 2021
(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

Frequently Asked Questions About a Residential Loan Processor Salaries

What is the average of a Residential Loan Processor in Miami, FL?

The Residential Loan Processor salary range is from $40,605 to $50,219, and the average Residential Loan Processor salary is $45,710/year in Miami, FL. 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.