Residential Loan Processor

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October 30, 2016

Jobs

Residential Loan Processor Job Description

Residential Loan Processor Salary Statistics as of 2015

Average annual salary for a Residential Loan Processor is $35672 based on statistics in the U.S. as of 2015. The highest salary recorded was $54000. The lowest salary reported was $26963. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Residential Loan Processor is $17.74 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $26.85. The lowest hourly rate recorded was $13.41. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Residential Loan Processor are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $0 from people with 15+ years of experience. The average bonus recorded was $1000 from people with under 1 year of experience.

These are the highest paying states for a Residential Loan Processor. These numbers are based off the median annual salary as of 2015.
Missouri – n/a
Tennessee – n/a

These are the highest paying cities for a Residential Loan Processor. These numbers are based off the median annual salary as of 2015.
1-4 years –
5-9 years –
10-19 years –
20 years or more –

This chart outlines the average annual salary of a Residential Loan Processor from the past 5 years. In 2015 the average annual salary was $35672 while in 2007 it was just $33081.59

Job Outlook

Gender Statistics

Related Jobs

5%

95%

Based on our stats gathered across the U.S. 5% of Residential Loan Processors were males while 95% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Mortgage Loan Processor
$23,974 – $49,110
Loan Processor
$21,880 – $46,558

Future Jobs


Residential Loan Processor Jobs

 

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