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Job outlook for mortgage processors in the United States
Mortgage processor job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected mortgage processor job growth rate is -3% from 2018-2028.
About -38,500 new jobs for mortgage processors are projected over the next decade.
Mortgage processor salaries have increased 7% for mortgage processors in the last 5 years.
There are over 149,958 mortgage processors currently employed in the United States.
There are 9,057 active mortgage processor job openings in the US.
The average mortgage processor salary is $40,527.
Are mortgage processor jobs in demand?
Yes, mortgage processor jobs are in demand. Mortgage processor demand is projected to grow -3% from 2018 to 2028.
Mortgage processor job and salary trends over time
Compare the number of mortgage processor jobs and the average mortgage processor salary over time.
Mortgage processor jobs over time
Mortgage processor job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 149,958 | 0.04% |
| 2020 | 129,634 | 0.04% |
| 2019 | 131,907 | 0.04% |
| 2018 | 138,953 | 0.04% |
| 2017 | 141,625 | 0.04% |
Average mortgage processor salary over time
Mortgage processor salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $40,527 | $19.48 | +1.8% |
| 2024 | $39,812 | $19.14 | +1.9% |
| 2023 | $39,077 | $18.79 | +2.1% |
| 2022 | $38,264 | $18.40 | +1.1% |
| 2021 | $37,843 | $18.19 | +2.4% |
Mortgage processor jobs by state
The map below shows you the number of mortgage processor job openings in each state. The darker areas on the map show where mortgage processors earn the highest salaries across all 50 states.
Average salary: Job openings:
Most common states for mortgage processors
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | South Dakota | 869,666 | 51 | 6% |
| 2 | Wyoming | 579,315 | 36 | 6% |
| 3 | Arizona | 7,016,270 | 344 | 5% |
| 4 | Nebraska | 1,920,076 | 100 | 5% |
| 5 | Rhode Island | 1,059,639 | 51 | 5% |
| 6 | Colorado | 5,607,154 | 229 | 4% |
| 7 | Minnesota | 5,576,606 | 221 | 4% |
| 8 | Nevada | 2,998,039 | 123 | 4% |
| 9 | Utah | 3,101,833 | 119 | 4% |
| 10 | Kansas | 2,913,123 | 110 | 4% |
| 11 | Delaware | 961,939 | 43 | 4% |
| 12 | Alaska | 739,795 | 31 | 4% |
| 13 | North Dakota | 755,393 | 29 | 4% |
| 14 | Michigan | 9,962,311 | 284 | 3% |
| 15 | New Jersey | 9,005,644 | 226 | 3% |
| 16 | Washington | 7,405,743 | 218 | 3% |
| 17 | Maryland | 6,052,177 | 185 | 3% |
| 18 | Tennessee | 6,715,984 | 171 | 3% |
| 19 | Oregon | 4,142,776 | 127 | 3% |
| 20 | Kentucky | 4,454,189 | 117 | 3% |
Most common cities for mortgage processors
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Waltham | 1 | 2% | $44,540 |
| 2 | Pompano Beach | 1 | 1% | $41,994 |
| 3 | Albuquerque | 1 | 0% | $40,744 |
| 4 | Denver | 1 | 0% | $47,713 |
| 5 | Orlando | 1 | 0% | $42,106 |
| 6 | Saint Petersburg | 1 | 0% | $42,634 |
| 7 | Tampa | 1 | 0% | $42,551 |