How Much Does a Residential Loan Processor Make in South Bend, IN?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Residential Loan Processor in South Bend, IN is $44,630. While Salary.com is seeing that Residential Loan Processor salary in South Bend, IN can go up to $53,038 or down to $35,109, but most earn between $39,646 and $49,031. 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
$45,325
South Bend, IN
Per Year
Loan Processor I
$41,018
South Bend, IN
Per Year
Loan Processor II
$44,976
South Bend, IN
Per Year
Loan Processor III
$54,136
South Bend, IN
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
Farmers State Bank
Mortgage Loan Processor
$88,701/yr
$70,708
$106,694
RANGE: $70,708 - $106,694
Northwest Bank
Senior Virtual Loan Processor
$61,604/yr
$52,620
$70,588
RANGE: $52,620 - $70,588
Regional Federal Credit Union
Consumer Loan Processor
$63,475/yr
$54,642
$72,307
RANGE: $54,642 - $72,307
Quincy Credit Union
Residential Processor/Loan Rep
$72,108/yr
$62,094
$82,121
RANGE: $62,094 - $82,121
City National Bank of Florida
Residential Loan Processor
$51,232/yr
$44,691
$57,772
RANGE: $44,691 - $57,772
Heritage Federal Credit Union
Mortgage Loan Processor (Hybrid/Remote)
$62,683/yr
$53,561
$71,806
RANGE: $53,561 - $71,806
LIBERTY FEDERAL CREDIT UNION
Account Service Representative/Loan Processor
$47,435/yr
$41,506
$53,364
RANGE: $41,506 - $53,364
Innova
Residential real estate lending/loan processor
$62,652/yr
$53,952
$71,352
RANGE: $53,952 - $71,352

Open Residential Loan Processor Jobs in South Bend, IN

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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 South Bend, IN?

The Residential Loan Processor salary range is from $39,646 to $49,031, and the average Residential Loan Processor salary is $44,630/year in South Bend, 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 $59,649 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.