Mortgage Processor Salary in Portland, Maine

How much does a Mortgage Processor make in Portland, ME?

As of March 01, 2025, the average annual salary for a Mortgage Processor in Portland, ME is $45,809. Salary.com reports that pay typically ranges from $41,544 to $51,799, with most professionals earning between $37,661 and $57,252.

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Salary range for a Mortgage Processor

$41,544 to $51,799

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Mortgage Processor

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Job Openings for Mortgage Processor in Portland, ME

What does a Mortgage Processor do?

Common responsibilities of a Mortgage Processor

Order title searches to confirm property ownership and ensure that there are no liens, unpaid taxes, or additional legal claims that will complicate the process.

December 30, 2022

Prepare written requests to the borrower identifying any missing documents required to support the application and update the loan origination system as needed.

August 14, 2022

Update Encompass with accurate reason(s) for the adverse action as soon as it is determined that applicants have withdrawn, cancelled, or have been denied, so compliance can send required notifications.

August 30, 2022

Performs data entry to update all internal computer systems and loan files with notes regarding all actions that affect the loan in accordance with company requirements.

March 27, 2023

Provide feedback to Loan Officers and/or Account Executives to ensure consistent follow-up regarding pre-approvals and/or full files and assist in resolving issues and/or possible counteroffers.

April 21, 2023

Demonstrate a thorough working knowledge of company guidelines and policies as well as all applicable laws and regulations related to mortgage lending in order to ensure compliance.

April 24, 2023

Communicate with applicant, Home Loan Consultant, and/or Home Loan Assistant to request required documentation.

April 26, 2023

Reviews new residential loan application files to verify that application data is complete and meets Company standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.

April 30, 2023

Request action from Disclosure Desk and other internal partners as required by valid change in circumstances.

May 19, 2023

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Mortgage Processor Salary By Experience Levels in Portland, ME

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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 Processor Salary By Level of Education in Portland, ME

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Mortgage Processor in Portland, ME

Average Base Salary

Core compensation

41544

51799

45809

Average Total Cash Compensation

Includes base and annual incentives

42956

54397

47741

What is the average salary for Mortgage Processor in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Processor in Portland, ME. The base salary for Mortgage Processor ranges from $41,544 to $51,799 with the average base salary of $45,809. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $42,956 to $54,397 with the average total cash compensation of $47,741.

View Average Salary for Mortgage Processor as table

	Average Salary	Average Salary Range
Base Salary	$45,809	$41,544 - $51,799
Bonus	$1,933	$1,412 - $2,599
Total Pay	$47,741	$42,956 - $54,397

* 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 Processor Salary Near Portland, ME

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Portland, ME
CITY, STATE South Portland, ME	AVERAGE SALARY RANGE $41,431 - $51,657	COMPARE TO Portland, ME
CITY, STATE Westbrook, ME	AVERAGE SALARY RANGE $41,431 - $51,657	COMPARE TO Portland, ME
CITY, STATE Auburn, ME	AVERAGE SALARY RANGE $41,010 - $51,133	COMPARE TO Portland, ME
CITY, STATE Lewiston, ME	AVERAGE SALARY RANGE $41,010 - $51,133	COMPARE TO Portland, ME
CITY, STATE Windham, ME	AVERAGE SALARY RANGE $41,403 - $51,623	COMPARE TO Portland, ME
CITY, STATE Saco, ME	AVERAGE SALARY RANGE $41,347 - $51,552	COMPARE TO Portland, ME

See salaries for Mortgage Processor in locations close to Portland, ME. 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 Portland, Maine

Portland is a city in the U.S. state of Maine, with a population of 67,067 as of 2017. The Greater Portland metropolitan area is home to over half a million people, more than one-third of Maine's total population, making it the most populous metro in northern New England (an area comprising the states of Maine, New Hampshire, and Vermont). Portland is Maine's economic center, with an economy that relies on the service sector and tourism. The Old Port district is known for its 19th-century architecture and nightlife. Marine industry still plays an important role in the city's economy, with an a...

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

View Salary for Similar Jobs to Mortgage Processor in Portland, ME

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Senior Mortgage Processor	LOCATION Portland, ME	MINIMUM SALARY $58,434	MAXIMUM SALARY $79,241
JOB TITLE Mortgage Loan Processor	LOCATION Portland, ME	MINIMUM SALARY $41,544	MAXIMUM SALARY $51,799
JOB TITLE Remote Mortgage Processor	LOCATION Portland, ME	MINIMUM SALARY $41,070	MAXIMUM SALARY $48,284
JOB TITLE Junior Mortgage Processor	LOCATION Portland, ME	MINIMUM SALARY $33,312	MAXIMUM SALARY $41,022
JOB TITLE Mortgage Processor 4	LOCATION Portland, ME	MINIMUM SALARY $44,609	MAXIMUM SALARY $54,099
JOB TITLE Intermediate Mortgage Loan Processor	LOCATION Portland, ME	MINIMUM SALARY $44,200	MAXIMUM SALARY $53,600

The Mortgage Processor 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 Portland, ME that might be a good fit for the type of job and salary you are looking for.

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