How Much Does a Residential Loan Processor Make in Salem, OR?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Residential Loan Processor in Salem, OR is $47,365. While Salary.com is seeing that Residential Loan Processor salary in Salem, OR can go up to $56,292 or down to $37,258, but most earn between $42,075 and $52,038. 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
$47,982
Salem, OR
Per Year
Loan Processor I
$43,538
Salem, OR
Per Year
Loan Processor II
$47,733
Salem, OR
Per Year
Loan Processor III
$57,459
Salem, OR
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
$65,778/yr
$56,185
$75,370
RANGE: $56,185 - $75,370
$69,929/yr
$59,424
$80,435
RANGE: $59,424 - $80,435
First Federal
Bank Loan Processor #24-18
$74,932/yr
$63,214
$86,649
RANGE: $63,214 - $86,649
First Federal
Bank Loan Processor
$69,929/yr
$59,424
$80,435
RANGE: $59,424 - $80,435
Sandia Area
Loan processor
$60,014/yr
$51,680
$68,347
RANGE: $51,680 - $68,347
Bank of Coushatta
Loan Processor
$62,409/yr
$53,315
$71,502
RANGE: $53,315 - $71,502
Lincoln National Bank
Loan Processor
$54,630/yr
$47,346
$61,913
RANGE: $47,346 - $61,913
$58,418/yr
$50,306
$66,529
RANGE: $50,306 - $66,529
$64,227/yr
$55,309
$73,146
RANGE: $55,309 - $73,146
Ultimate Staffing
Loan Processor
$68,824/yr
$59,267
$78,381
RANGE: $59,267 - $78,381

Open Residential Loan Processor Jobs in Salem, OR

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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 Salem, OR?

The Residential Loan Processor salary range is from $42,075 to $52,038, and the average Residential Loan Processor salary is $47,365/year in Salem, OR. 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.