▼5%
$24.56
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$17.50
MEDIAN
$24.56
90%
$32.68
The average hourly pay for a Senior Mortgage Loan Processor is $24.56 in 2025
Hourly Rate
$18 - $33
Bonus
$881 - $13k
Commission
$0 - $6k
Total Pay
$40k - $71k
Is Average Mid-Career Senior Mortgage Loan Processor Hourly Pay your job title? Find out what you should be paid
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What is the Pay by Experience Level for Senior Mortgage Loan Processors?
What Do Senior Mortgage Loan Processors Do?
Find your market worth – how it works:
Common Health Benefits for a Senior Mortgage Loan Processor
Medical
89%
Dental
73%
Vision
70%
None
11%
Gender Breakdown for Senior Mortgage Loan Processors
Female
90.6%
Male
9.4%
This data is based on 32 survey responses. Learn more about the gender pay gap.
FAQs About Senior Mortgage Loan Processors
What is the highest pay for Senior Mortgage Loan Processors?
Our data indicates that the highest pay for a Senior Mortgage Loan Processor is $32.68 / hour
What is the lowest pay for Senior Mortgage Loan Processors?
Our data indicates that the lowest pay for a Senior Mortgage Loan Processor is $17.50 / hour
How can Senior Mortgage Loan Processors increase their salary?
Increasing your pay as a Senior 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 Senior Mortgage Loan Processor that oversees more junior Senior Mortgage Loan Processors, this experience can increase the likelihood to earn more.