Mortgage Loan Processor salary in US Midwest Region

Average salary
$50,500/yr
Based on 1,026 income tax records
$23,500
$102,500
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$40K
 
$49K
 
$56K
 
$57K
 
$58K
$23,500
$102,500
How much do Mortgage Loan Processors make?
The average total salary for a Mortgage Loan Processor is $50,500 per year. This is based on data from 1,026 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 $23,500 to $102,500 depending on factors including education, skills, experience, employer & location. Read more
Learn more about Mint Salary
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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Guaranteed Rate, US Midwest Region
15 income tax records
$75,500/yr
$41K – $163K
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Fairway Independent Mortgage, US Midwest Region
19 income tax records
$74,500/yr
$42K – $120K
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JPMorgan Chase, US Midwest Region
21 income tax records
$67,500/yr
$37K – $100K
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The Huntington National Bank, US Midwest Region
22 income tax records
$66,000/yr
$39K – $89K
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Crosscountry Mortgage, US Midwest Region
27 income tax records
$61,000/yr
$31K – $103K
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Wells Fargo, US Midwest Region
77 income tax records
$58,000/yr
$34K – $75K
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US Bank, US Midwest Region
42 income tax records
$51,500/yr
$31K – $94K

Mortgage Loan Processor demographics in US Midwest Region

single icon
59% are single
married icon
41% are married
have kids icon
40% have kids
own a home icon
55% own a home

Effective Tax Rates for Mortgage Loan Processors in US Midwest Region

1,026 full-time salaries from 2019
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FAQS
The average salary for a mortgage loan processor in US Midwest Region is $50,500 per year. Mortgage loan processor salaries in US Midwest Region can vary between $23,500 to $102,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 1,026 tax returns from TurboTax customers who reported their occupation as mortgage loan processor.

The following companies offer the highest salaries for mortgage loan processors in US Midwest Region: Guaranteed Rate ($75,500 a year), Fairway Independent Mortgage ($74,500 a year), and JPMorgan Chase ($67,500 a year).

The following cities offer the highest salaries for mortgage loan processors in US Midwest Region: Louisville Metro Area, KY ($67,500 a year), Kansas City Metro Area, MO ($63,000 a year), and Indianapolis Metro Area, IN ($63,000 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.