Mortgage Loan Processor salary in the United States

Average salary

$54,500/yr

Based on 5,016 income tax records

$24,000

$116,000

Age:

Average salary by age

18-25

26-35

36-45

46-55

56+

$43K

$51K

$60K

$61K

$63K

$24,000

$116,000

How much do Mortgage Loan Processors make?

The average total salary for a Mortgage Loan Processor is $54,500 per year. This is based on data from 5,016 TurboTax users who reported their occupation as Mortgage Loan Processor and includes taxable wages, tips, bonuses, and more. Mortgage Loan Processor salary can vary between $24,000 to $116,000 depending on factors including education, skills, experience, employer & location. Read more

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DATA PROVIDED BY

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

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$83,000/yr

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1,902 income tax records

$55,500/yr

Mortgage Loan Originator

2,799 income tax records

$67,500/yr

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8,510 income tax records

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Mortgage Loan Processor salary by location

Mortgage Loan Processor salary by company

Mr. Cooper, Orange County, CA

10 income tax records

$94,500/yr

$24K – $146K

LoanDepot.com, Orange County, CA

12 income tax records

$84,000/yr

$32K – $404K

JPMorgan Chase, Maricopa County, AZ

16 income tax records

$68,000/yr

$42K – $96K

Wells Fargo, Hennepin County, MN

19 income tax records

$60,000/yr

$38K – $74K

US Bank, Daviess County, KY

21 income tax records

$47,500/yr

$32K – $66K

Navy Federal Credit Union, Escambia County, FL

22 income tax records

$45,500/yr

$37K – $61K

Mortgage Loan Processor demographics in United States

62% are single

38% are married

40% have kids

51% own a home

Effective Tax Rates for Mortgage Loan Processors in United States

5,016 full-time salaries from 2019

FAQS

What is the average salary for a mortgage loan processor in the United States?

The average salary for a mortgage loan processor in the United States is $54,500 per year. Mortgage loan processor salaries in the United States can vary between $24,000 to $116,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

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Where is this data coming from?

This data is exclusive to Mint Salary and is based on 5,016 tax returns from TurboTax customers who reported their occupation as mortgage loan processor.

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Which companies offer the highest salaries for mortgage loan processors in the United States?

The following companies offer the highest salaries for mortgage loan processors in the United States: Mr. Cooper ($94,500 a year), loanDepot.com ($84,000 a year), and JPMorgan Chase ($68,000 a year).

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Which cities offer the highest salaries for mortgage loan processors in the United States?

The following cities offer the highest salaries for mortgage loan processors in the United States: Providence Metro Area, RI ($78,000 a year), Seattle Metro Area, WA ($76,500 a year), and Portland Metro Area, OR ($74,000 a year).

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Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more

Total salary ranges shown here exclude outliers.