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This question is about what a processor does, what a mortgage loan processor does, and what a mortgage processor does.
How much do mortgage loan processors make?
Mortgage loan processors make $41,782 in average yearly salary or $20.09 per hour.
On the lower end of the salary range, you may only make around $33,000, usually for entry-level positions. On the higher end, you can make around $52,000. Senior-level positions can earn an average salary of $61,300 or more compared to mid-level positions of $45,000.
As most jobs go, education, location, and experience can determine your salary. Those with a college degree typically earn more than those without. Some of the top-paying states are West Virginia, California, and Connecticut, with average salaries above $46,000.
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