Salary for
Mortgage Loan Processor I in the United States

How much does a Mortgage Loan Processor I earn in the United States? The average Mortgage Loan Processor I salary in the United States is $37,120 as of February 28, 2019, but the range typically falls between $33,505 and $41,965. 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.  View Cost of Living in Major Cities

Take just three simple steps below to generate your own personalized salary report.

Job Description

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. Ensur

Salary range for a Mortgage Loan Processor I
Customize your search to determine an exact salary target
Step of 3

Understand the total compensation opportunity for a Mortgage Loan Processor I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
33505
41965
37120

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
34544
43317
38485
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Mortgage Loan Processor I in the United States. The base salary for Mortgage Loan Processor I ranges from $33,505 to $41,965 with the average base salary of $37,120. The total compensation, which includes bonus, health and retirement, can vary anywhere from $34,544 to $43,317 with the average total compensation of $38,485.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

33505
41965
Your Salary

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. This Job:

    Mortgage Loan Processor I

    0 - 1 years experience
    High School Diploma or Tech Certificate

  2. Up a level:

    Mortgage Loan Processor II

    1 - 3 years experience
    High School Diploma or Tech Certificate

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Mortgage Loan Processor I