How much does a Entry Mortgage Loan Processor make in the United States? The average Entry Mortgage Loan Processor salary in the United States is $44,200 as of March 26, 2024, but the range typically falls between $40,000 and $49,900. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Entry Mortgage Loan Processor Salary | $36,176 | US | March 26, 2024 |
25th Percentile Entry Mortgage Loan Processor Salary | $40,000 | US | March 26, 2024 |
50th Percentile Entry Mortgage Loan Processor Salary | $44,200 | US | March 26, 2024 |
75th Percentile Entry Mortgage Loan Processor Salary | $49,900 | US | March 26, 2024 |
90th Percentile Entry Mortgage Loan Processor Salary | $55,090 | US | March 26, 2024 |
Royal United Mortgage - Cincinnati, OH
CrossCountry Mortgage, LLC. - Cleveland, OH
RemX - Cleveland, OH
M/I Homes - Columbus, OH
The Entry Mortgage Loan Processor verifies all documentation for accuracy and completeness. Obtains necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files. Being an Entry Mortgage Loan Processor provides management with reports of loan activities. Ensures all documents are prepared and finalized in compliance with policies and procedures. In addition, Entry Mortgage Loan Processor requires a high school diploma or its equivalent. Typically reports to a supervisor. Being an Entry Mortgage Loan Processor 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)
0 - 1 years experience
High School Diploma or Technical Certificate
1 - 3 years experience
High School Diploma or Technical Certificate
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Processor | Experience 1 - 3 | EducationAssociates | Salary Compared to This Job |
Job Title Loan Processor I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Loan Processor II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Loan Processor III | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
Job Title Mortgage Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Take just three simple steps below to generate your own personalized salary report
Core compensation
Includes base and annual incentives
View the Cost of Living in Major Cities
Recently searched related titles: Freight Logistics Coordinator, Home Equity Loan Processor, Home Loan Processor
Jobs with a similar salary range to Entry Mortgage Loan Processor : Mortgage Lending Officer, Mortgage Loan Coordinator, Real Estate Transaction Coordinator
Salary estimation for Entry Mortgage Loan Processor at companies like : Www Vivaconsultinggroup, Shopastiq Developed, Pace Joint Interest Tropicana
Jobs with a similar salary range to Entry Mortgage Loan Processor : Braille Transcriber, Loan Set Up Coordinator, Mortgage Administrator