How much does a Mortgage Processing Officer make in Minneapolis, MN? The average Mortgage Processing Officer salary in Minneapolis, MN is $72,062 as of April 24, 2024, but the salary range typically falls between $64,256 and $82,959. 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. 

Search Mortgage Processing Officer Jobs in Minneapolis, MN

What is a Mortgage Processing Officer?

A Mortgage Processing Officer is responsible for reviewing and verifying mortgage loan applications to ensure they meet all necessary requirements and regulations. They work closely with loan officers, underwriters, and borrowers to gather and organize all required documentation, such as income verification, credit reports, and property appraisals. They also communicate with external parties, such as title companies and insurance providers, to coordinate the closing process. Additionally, Mortgage Processing Officers may be responsible for updating and maintaining loan files, as well as providing support to other team members as needed. Strong attention to detail, excellent communication skills, and a thorough understanding of mortgage lending regulations are essential for success in this role.

See user submitted job responsibilities for Mortgage Processing Officer.

Job Openings for Mortgage Processing Officer in Minneapolis, MN
Nevada Real Estate Group - Reno , NV
We are currently seeking a skilled and high-producing mortgage processor to work with the mortgage loan officers on our team. If you're interested in a dynamic position on a well-established and ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 3 days ago
KBishop Funding - Los Angeles , CA
Experienced Mortgage Loan Officer Type: Full-Time, Commission-Based Location: Remote Availability ... We employ innovative and straightforward strategies to demystify the mortgage process for our ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 9 days ago
NeighborWorks® Boise - Boise , ID
We are seeking a mission driven Mortgage Loan Officer for our Homeownership Center (HOC) Department ... This position plays a pivotal role in facilitating the lending process and supporting ...
LinkedIn - 7 days ago
AFM Lending LLC - Goodyear , AZ
We're looking for a hardworking Mortgage Loan Officer Assistant who can help take our team to the ... file for processing, and send a closing cost worksheet to borrowers * Build and maintain ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago
NECHES FEDERAL CREDIT UNION - Beaumont , TX
Our Mortgage Loan Officer delivers exceptional service while assisting members with mortgage ... Willingness to learn new processes * Willingness to participate in Mortgage networking events JOB ...
ZipRecruiter - 3 days ago
New Leaf Recruiting - Phoenix , AZ
The Mortgage Loan Officer and Branch Manager will be responsible for daily sales calls, originating, processing, and closing residential mortgage loans. They will also oversee a team of mortgage ...
LinkedIn - 2 days ago
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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.
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LEVEL OF EDUCATION

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Average Base Salary

Core compensation

 
 
 
64256
82959
72062

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
66137
85903
74340
What is the average salary for Mortgage Processing Officer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Processing Officer in Minneapolis, MN. The base salary for Mortgage Processing Officer ranges from $64,256 to $82,959 with the average base salary of $72,062. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,137 to $85,903 with the average total cash compensation of $74,340.
Average Salary Average Salary Range
Base Salary $72,062 $64,256 - $82,959
Bonus $2,278 $1,881 - $2,944
Total Pay $74,340 $66,137 - $85,903
* 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.
CITY, STATE AVERAGE SALARY RANGE COMPARE TO Minneapolis, MN
CITY, STATE Minnetonka, MN AVERAGE SALARY RANGE $64,522 - $83,303 COMPARE TO Minneapolis, MN
CITY, STATE Eden Prairie, MN AVERAGE SALARY RANGE $64,413 - $83,162 COMPARE TO Minneapolis, MN
CITY, STATE Saint Paul, MN AVERAGE SALARY RANGE $64,522 - $83,303 COMPARE TO Minneapolis, MN
CITY, STATE Burnsville, MN AVERAGE SALARY RANGE $64,341 - $83,068 COMPARE TO Minneapolis, MN
CITY, STATE Lakeville, MN AVERAGE SALARY RANGE $64,123 - $82,787 COMPARE TO Minneapolis, MN
CITY, STATE Saint Cloud, MN AVERAGE SALARY RANGE $58,085 - $74,991 COMPARE TO Minneapolis, MN
See salaries for Mortgage Processing Officer in locations close to Minneapolis, MN. 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.
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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Mortgage Processing Manager LOCATION Minneapolis, MN MINIMUM SALARY $136,415 MAXIMUM SALARY $154,985
JOB TITLE Mortgage Processing Assistant LOCATION Minneapolis, MN MINIMUM SALARY $38,676 MAXIMUM SALARY $48,241
JOB TITLE Mortgage Payment Processing Clerk LOCATION Minneapolis, MN MINIMUM SALARY $36,995 MAXIMUM SALARY $48,390
JOB TITLE Processing Manager - Mortgage Loans LOCATION Minneapolis, MN MINIMUM SALARY $91,700 MAXIMUM SALARY $122,100
JOB TITLE Mortgage Officer LOCATION Minneapolis, MN MINIMUM SALARY $49,226 MAXIMUM SALARY $62,758
JOB TITLE Chief Mortgage Officer LOCATION Minneapolis, MN MINIMUM SALARY $207,790 MAXIMUM SALARY $344,070
The Mortgage Processing Officer 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 Minneapolis, MN that might be a good fit for the type of job and salary you are looking for.

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64256
82959

 

About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago

Mortgage Processing Officer Salary in popular cities: Saint PaulRochesterDuluth

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