Mortgage Loan Processor salary in Minneapolis Metro Area, MN

Average salary
$55,500/yr
Based on 105 income tax records
$30,000
$94,500
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$57K
 
$55K
 
$57K
 
$59K
$30,000
$94,500
How much do Mortgage Loan Processors make?
The average total salary for a Mortgage Loan Processor is $55,500 per year. This is based on data from 105 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 $30,000 to $94,500 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

Mortgage Loan Processor salary by company

Employer
Average salary per year*
Salary range**
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Wells Fargo, Hennepin County, MN
19 income tax records
$60,000/yr
$38K – $74K

Mortgage Loan Processor demographics in Minneapolis Metro Area, MN

single icon
67% are single
married icon
33% are married
have kids icon
31% have kids
own a home icon
51% own a home

Effective Tax Rates for Mortgage Loan Processors in Minneapolis Metro Area, MN

105 full-time salaries from 2019
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FAQS
The average salary for a mortgage loan processor in Minneapolis Metro Area, MN is $55,500 per year. Mortgage loan processor salaries in Minneapolis Metro Area, MN can vary between $30,000 to $94,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 105 tax returns from TurboTax customers who reported their occupation as mortgage loan processor.

The following cities offer the highest salaries for mortgage loan processors near Minneapolis Metro Area, MN: Saint Paul, MN ($55,500 a year), Minneapolis, MN ($55,000 a year), and Des Moines, IA ($51,000 a year).
*
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.