Mortgage Loan Processor Salary in Colorado - State Average

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Average Salary for Mortgage Loan Processor in Colorado - State Average

The average salary of a(n) Mortgage Loan Processor in Colorado - State Average is $25,592.

The average hourly rate of a(n) Mortgage Loan Processor in Colorado - State Average is $12.30.

The average bonus of a(n) Mortgage Loan Processor in Colorado - State Average is $386.00.

Job Description:

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. Less

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

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Mortgage Loan Processor - Colorado Springs, CO

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Minimum 1 year as junior residential mortgage loan processor. Updates mortgage system to reflect accurate transaction details and provides clerical support for...

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Loan Processor - Denver, CO

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In this role you will compile information required to obtain loan approval from underwriting and to prepare loan files for mortgage loan closer....

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Mortgage Loan Processor II - Altavera - Highlands Ranch, CO

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The Loan Processor may request closing documents and coordinate closing. Based in Denver, Colorado, Altavera Mortgage Services, LLC (Altavera) provides...

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