How much does a Mortgage Loan Processor III make? The median annual Mortgage Loan Processor III salary is $47,477, as of September 27, 2017, with a range usually between $42,852-$52,067, however this can vary widely depending on a variety of factors. 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 III in the United States.
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This chart describes the expected percentage of people who perform the job of Mortgage Loan Processor III in the United States that make less than that annual salary. For example the median expected annual pay for a typical Mortgage Loan Processor III in the United States is $47,477, so 50% of the people who perform the job of Mortgage Loan Processor III in the United States are expected to make less than $47,477.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Mortgage Loan Processor III that make less than that salary. For example 50% of the people who perform the job of Mortgage Loan Processor III are expected to make less than the median.
Source: HR Reported data as of October 2017
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. Ensures all documents are prepared and finalized in compliance with policies and procedures. Provides management with reports on loan activities. Requires a high school diploma or its equivalent. Typically reports to a supervisor or manager. Has gained proficiency in multiple competencies relevant to the job. Works independently within established procedures associated with the specific job function. Typically requires 3-5 years of related experience. View full job description