United States
Job
Mortgage Loan Processor

Average Mortgage Loan Processor with Mortgage Loans Skills Hourly Pay in Grand Rapids, Michigan

Pay
Job Details
Skills
Job Listings
How should I pay?Price a Job
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$15.00
/ hour

Avg. Base Hourly Rate (USD)
25%
$13.38
MEDIAN
$15
75%
$17.30

The average hourly pay for a Mortgage Loan Processor is $15.00 in 2025

Hourly Rate
$13 - $17
Bonus
$0 - $5k
Total Pay
$30k - $41k
Based on 6 salary profiles (last updated Mar 08 2017)
Is Average Mortgage Loan Processor with Mortgage Loans Skills Hourly Pay in Grand Rapids, Michigan your job title? Find out what you should be paid
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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:

Common Health Benefits for a Mortgage Loan Processor

Medical
80%
Dental
80%
Vision
80%

Gender Breakdown for Mortgage Loan Processors

Female
100.0%
This data is based on 5 survey responses. Learn more about the gender pay gap.
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FAQs About Mortgage Loan Processors

What is the highest pay for Mortgage Loan Processors in Grand Rapids?

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

What is the lowest pay for Mortgage Loan Processors in Grand Rapids?

Our data indicates that the lowest pay for a Mortgage Loan Processor in Grand Rapids 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.

WHAT AM I WORTH?
What your skills are worth in the job market is constantly changing.
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