How much does a Mortgage Payment Processing Clerk make in the United States? The average Mortgage Payment Processing Clerk salary in the United States is $40,555 as of February 26, 2024, but the range typically falls between $34,875 and $45,617. 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. 

Mortgage Payment Processing Clerk Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Payment Processing Clerk Salary $29,704 US February 26, 2024
25th Percentile Mortgage Payment Processing Clerk Salary $34,875 US February 26, 2024
50th Percentile Mortgage Payment Processing Clerk Salary $40,555 US February 26, 2024
75th Percentile Mortgage Payment Processing Clerk Salary $45,617 US February 26, 2024
90th Percentile Mortgage Payment Processing Clerk Salary $50,227 US February 26, 2024
25% $34,875 10% $29,704 90% $50,227 75% $45,617 $40,555 50%(Median) Didn’t find job title? Click
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Job Description for Mortgage Payment Processing Clerk

Mortgage Payment Processing Clerk processes loan payments; inputs data to document transactions. Authorizes reports for credit, appraisals, employment, etc. Prepares and collects fees. Being a Mortgage Payment Processing Clerk may interact with collection department regarding delinquencies/non-payments. Requires a high school diploma or its equivalent. Additionally, Mortgage Payment Processing Clerk typically reports to a supervisor. The Mortgage Payment Processing Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Mortgage Payment Processing Clerk

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Payment Processing Clerk, the first career path typically progresses to Mortgage Loan Funding Clerk, Sr..

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Mortgage Payment Processing Clerk salary varies from city to city. Compared with national average salary of Mortgage Payment Processing Clerk, the highest Mortgage Payment Processing Clerk salary is in San Francisco, CA, where the Mortgage Payment Processing Clerk salary is 25.0% above. The lowest Mortgage Payment Processing Clerk salary is in Miami, FL, where the Mortgage Payment Processing Clerk salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Mortgage Payment Processing Clerk, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
34875
45617
40555

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
35906
47611
41932
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Payment Processing Clerk in the United States. The base salary for Mortgage Payment Processing Clerk ranges from $34,875 to $45,617 with the average base salary of $40,555. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $35,906 to $47,611 with the average total cash compensation of $41,932.
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34875
45617

 

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Skills associated with Mortgage Payment Processing Clerk: Mortgage Loans, Mortgage Servicing, Inquiry Research/Response, Quality Assurance Process

Recently searched related titles: Loan Processing Analyst, Payment Processing Specialist

Salary estimation for Mortgage Payment Processing Clerk at companies like : Magness Buick-Toyota Co, The Delta County Fairgrounds, Metropolitan Detention Center

Mortgage Payment Processing Clerk Salary in United States
Mortgage Payment Processing Clerk Salary Graph, Regional Distribution and Summary