▼18%
$20.74
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$15.98
MEDIAN
$20.74
90%
$27.28
The average hourly pay for a Mortgage Loan Processor is $20.74 in 2025
Hourly Rate
$16 - $27
Bonus
$781 - $11k
Profit Sharing
$1k - $5k
Commission
$1k - $16k
Total Pay
$35k - $62k
Is Average Mortgage Loan Processor with Mortgage Loans Skills Hourly Pay your job title? Find out what you should be paid
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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
82%
Dental
77%
Vision
73%
None
16%
Gender Breakdown for Mortgage Loan Processors
Female
83.1%
Male
16.2%
Prefer to self-define
0.7%
This data is based on 142 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 $27.28 / hour
What is the lowest pay for Mortgage Loan Processors?
Our data indicates that the lowest pay for a Mortgage Loan Processor is $15.98 / 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.