How Much Does a Residential Loan Processor Make in Trenton, NJ?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Residential Loan Processor in Trenton, NJ is $51,538. While Salary.com is seeing that Residential Loan Processor salary in Trenton, NJ can go up to $61,250 or down to $40,541, but most earn between $45,782 and $56,621. 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
$52,342
Trenton, NJ
Per Year
Loan Processor II
$51,978
Trenton, NJ
Per Year
Loan Processor III
$60,708
Trenton, NJ
Per Year
Loan Processor I
$47,300
Trenton, NJ
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
Procom Services
US - Loan Processor - Residential Mortgage III
$72,792/yr
$65,740
$79,845
RANGE: $65,740 - $79,845
NVR Inc
Loan Processor
$60,638/yr
$54,534
$66,743
RANGE: $54,534 - $66,743
BD Capital
Loan Processor
$65,362/yr
$58,782
$71,942
RANGE: $58,782 - $71,942
22nd Century Technologies
Loan Processor
$79,557/yr
$71,318
$87,796
RANGE: $71,318 - $87,796
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
$66,476/yr
$59,783
$73,169
RANGE: $59,783 - $73,169
OceanFirst Financial Corporation
MORTGAGE LOAN PROCESSOR
$61,357/yr
$55,179
$67,534
RANGE: $55,179 - $67,534
StraussGroup - Executive Search Consultants
Residential Loan Processor
$64,043/yr
$57,596
$70,490
RANGE: $57,596 - $70,490
Quincy Credit Union
Residential Processor/Loan Rep
$64,804/yr
$58,280
$71,328
RANGE: $58,280 - $71,328
City National Bank of Florida
Residential Loan Processor
$46,765/yr
$42,547
$50,984
RANGE: $42,547 - $50,984

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What Does a Residential Loan Processor Do?

Mortgage processors streamline the mortgage loan process by compiling loan application documentation for the borrower.
Updated December 16, 2021
If any information is missing, the loan processor alerts the applicant, either directly or through the loan officer.
Updated November 02, 2021
It is the job of the loan processor to prepare a potential borrower’s mortgage application before sending it to the.
Updated October 27, 2021
The main benefit of a loan processor is that they help streamline the process of applying for a home loan.
Updated October 04, 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

Frequently Asked Questions About a Residential Loan Processor Salaries

What is the average of a Residential Loan Processor in Trenton, NJ?

The Residential Loan Processor salary range is from $45,782 to $56,621, and the average Residential Loan Processor salary is $51,538/year in Trenton, NJ. 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.