▼13%
$18.73
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$14.64
MEDIAN
$18.73
90%
$23.54
The average hourly pay for a Mortgage Loan Processor is $18.73 in 2025
Hourly Rate
$15 - $24
Bonus
$970 - $10k
Profit Sharing
$0 - $2k
Commission
$1k - $13k
Total Pay
$31k - $55k
Is Average Early-Career Mortgage Loan Processor with Loan Documents Skills Hourly Pay 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?
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What is the Pay by Experience Level for Mortgage Loan Processors?
What Do Mortgage Loan Processors Do?
Find your market worth – how it works:
Common Health Benefits for a Mortgage Loan Processor
Medical
76%
Dental
68%
Vision
65%
None
20%
Gender Breakdown for Mortgage Loan Processors
Female
82.8%
Male
17.2%
This data is based on 116 survey responses. Learn more about the gender pay gap.
FAQs About Mortgage Loan Processors
What is the highest pay for Mortgage Loan Processors?
Our data indicates that the highest pay for a Mortgage Loan Processor is $23.54 / hour
What is the lowest pay for Mortgage Loan Processors?
Our data indicates that the lowest pay for a Mortgage Loan Processor is $14.64 / 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.