Average Mortgage Loan Processor Hourly Pay at Bank of America Corp. (BOFA) in Chandler, Arizona

$25.85
Avg. Base Hourly Rate (USD)

The average hourly pay for a Mortgage Loan Processor is $25.85 in 2025

Hourly Rate
$0 - $26
Total Pay
$48k - $60k
Is Average Mortgage Loan Processor Hourly Pay at Bank of America Corp. (BOFA) in Chandler, Arizona your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
United States (change)
How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you

What Do Mortgage Loan Processors Do?

Mortgage Loan Processor Tasks
  • Interview loan applicants, investigate applicants' backgrounds and verify references.
  • Review loan documents and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
  • Prepare loan request papers and related documents then forward to appraisal department.
Find your market worth – how it works:

FAQs About Mortgage Loan Processors

What is the highest pay for Mortgage Loan Processors in Chandler?

Our data indicates that the highest pay for a Mortgage Loan Processor in Chandler is $NaN / hour

What is the lowest pay for Mortgage Loan Processors in Chandler?

Our data indicates that the lowest pay for a Mortgage Loan Processor in Chandler is $NaN / hour

How can Mortgage Loan Processors increase their salary?

Increasing your pay as a Mortgage Loan Processor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Mortgage Loan Processor that oversees more junior Mortgage Loan Processors, this experience can increase the likelihood to earn more.