Mortgage Loan Coordinator Salary in Chicago, IL

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How much does a Mortgage Loan Coordinator make in Chicago, IL? The average Mortgage Loan Coordinator salary in Chicago, IL is $46,783 as of March 26, 2024, but the salary range typically falls between $42,333 and $52,775. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Salary range for a Mortgage Loan Coordinator

$42,333 to $52,775

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Mortgage Loan Coordinator

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Job Openings for Mortgage Loan Coordinator in Chicago, IL

Retail Mortgage Loan Officer

Travis Credit Union - Vacaville , CA

TCU's Mortgage Loan Officers understand the value of providing excellent personalized member ... Coordinates the developing, planning and hosting of TCU sponsored live and web based events ...

ZipRecruiter - 3 days ago

Mortgage Loan Processor

First Savings_Beresford - Omaha , NE

This role specializes in mortgage loans that are kept within the bank's portfolio. This role is ... Coordinates with loan officers, underwriters, and third-party vendors to ensure timely and accurate ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 24 days ago

Mortgage Loan Officer

Helton Real Estate Group - Arlington , TX

We are looking for an experienced, service, and detail-oriented mortgage loan officer to join our ... superior coordination of duties utilizing excellent customer service, computer skills, and ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 25 days ago

Mortgage Loan Originator

FIRST SERVICE CREDIT UNION - Houston , TX

Coordinates mortgage loan training and education for the staff. * Performs other job related duties as assigned * Works with the marketing staff in developing mortgage loan promotions * Develop ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 71 days ago

Mortgage Loan Officer

New American Funding - Austin , TX

Facilitate the closing process by coordinating with other departments, such as underwriting and legal, to finalize loan approvals. * Relationship Management: Build and maintain relationships with ...

LinkedIn - 1 day ago

Lead Loan Processor (Mortgage)

Member Home Loan - Jersey Village , TX

The Mortgage Loan Processor must proactively communicate with the member to ensure coordination and exchange of information ensuring that the loan meets the eligibility and underwriting guidelines ...

ZipRecruiter - 7 days ago

What does a Mortgage Loan Coordinator do?

Common responsibilities of a Mortgage Loan Coordinator

Monitor and score calls and loss mitigation files for applicable areas to ensure that policy and procedures are being followed and meet all investor, regulatory, state and federal guidelines.

November 11, 2022

Provides back-up support for other Mortgage Loan Coordinators during vacations and other high-volume periods.

January 20, 2023

Assists PMB with new loan application by entering information into loan operating system, collecting supporting documentation, pulling property profile, ordering appraisals in a rush scenario, preparing lock forms and any other administrative responsibilities related to the preparation of a mortgage application.

February 09, 2023

Communicates with outside agencies including Title Companies, Real Estate Agents, Appraisers, Correspondents, Insurance Agencies, Borrowers and various Financial Institutions to obtain all documentation requirements, such as title work, appraisals and credit bureau reports.

March 15, 2023

Assist in reviewing processes for efficiencies by possessing basic knowledge in banking documents and procedures used in default services or Loan servicing.

March 17, 2023

Develop and maintain communication between loan officer, client and processors to assist timely processing and closing of loan file.

May 21, 2023

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Mortgage Loan Coordinator Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Mortgage Loan Coordinator Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

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Average Salary Range for Mortgage Loan Coordinator in Chicago, IL

Average Base Salary

Core compensation

42333

52775

46783

Average Total Cash Compensation

Includes base and annual incentives

43760

55129

48580

What is the average salary for Mortgage Loan Coordinator in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Coordinator in Chicago, IL. The base salary for Mortgage Loan Coordinator ranges from $42,333 to $52,775 with the average base salary of $46,783. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $43,760 to $55,129 with the average total cash compensation of $48,580.

View Average Salary for Mortgage Loan Coordinator as table

	Average Salary	Average Salary Range
Base Salary	$46,783	$42,333 - $52,775
Bonus	$1,797	$1,427 - $2,354
Total Pay	$48,580	$43,760 - $55,129

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Mortgage Loan Coordinator Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $42,571 - $53,072	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $42,571 - $53,072	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $42,523 - $53,012	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $42,555 - $53,052	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $42,555 - $53,052	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $41,602 - $51,864	COMPARE TO Chicago, IL

See salaries for Mortgage Loan Coordinator in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Mortgage Loan Coordinator job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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42333

52775

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Mortgage Loan Coordinator Salary in popular cities: Aurora, Rockford, Joliet

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