This question is about what a mortgage processor does, what a mortgage loan processor does, and mortgage processor.

Is mortgage loan processor a good job?

By Zippia Team - Nov. 17, 2021

Yes, being a mortgage loan processor is a good job. It has steady employment growth and a generally good salary.

Mortgage loan processors make $41,782 in average yearly salary or $20.09 per hour. On the lower end of the salary range, you may only make around $33,000, usually for entry-level positions.

On the higher end, you can make around $52,000. Senior-level positions can earn you an average salary of $61,300 or more compared to mid-level positions of $45,000.

A mortgage loan processor is considered the liaison between the borrower and underwriter, so their position in the loan process is critical. Employment should remain steady over the next decade.

There are occasional upticks in employment for loan processors when there are low-interest rates, causing many borrowers to seek to refinance or purchase loans. And so, loan processors are necessary to help ensure proper information and documentation.

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