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The graph below is a comparison of salary data for 10 jobs in U.S. National Average, U.S. National Average, as provided by the free SalaryExpert® Salary Report and Salary Calculator. If you are a professional who requires compensation survey data for your work please consult ERI Economic Research Institute's Salary Assessor.

Mortgage Loan Processor:
Processes mortgage loans by verifying, compiling, and typing application information. Checks residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment. Gives... [+] More

Mortgage Loan Processor:
Processes mortgage loans by verifying, compiling, and typing application information. Checks residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment. Gives recommendations to deny loans that do not meet standards. Verifies accuracy of information by calling or writing credit bureau and employer. Types loan application forms, using computer. Calls specified companies to obtain property abstract, survey, and appraisal. Informs supervisor of discrepancies in title or survey. Submits mortgage loan application file for underwriting approval. Types and mails approval and denial letters to applicants. Submits approved mortgage loan file to mortgage loan closer for settlement. Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using computer. (Source: eDOT Job Description) [-] Less

Charlotte, NC, San Antonio, TX, Jacksonville, FL, Brooklyn, NY, Fort Lauderdale, FL, Atlanta, GA, Beverly Hills, CA, Miami, FL, Washington, DC, Tampa, FL, San Diego, CA, Seattle, WA, Cincinnati, OH, Boston, MA, Columbus, OH, Minneapolis, MN, Raleigh, NC, Philadelphia, PA, Irvine, CA, Omaha, NE, Portland, OR, Fort Worth, TX, Cleveland, OH, Denver, CO, Las Vegas, NV

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