What is the average annual salary for Mortgage Loan Processor I?
The annual salary for someone with the job title Mortgage Loan Processor I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Mortgage Loan Processor I in the United States.
This chart describes the expected percentage of people who perform the job of Mortgage Loan Processor I in the United States that make less than that annual salary. For example the median expected annualy pay for a typical Mortgage Loan Processor I in the United States is $34,842 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $34,842.
Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Requires a high school diploma or its equivalent and 0-2 years of related experience. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Typically reports to a supervisor.
View Mortgage Loan Processor I job description