What is the average salary of a loan processor?

Answer As of November, 2009, the median salary for a loan processor working in the U.S. is approximately $34,782. Salary will vary depending on geographical location, years of experience, and employer siz... Read More »

Top Q&A For: What is the average salary of a loan processor

The Average Salary of a Mortgage Processor?

A mortgage processor compiles and verifies mortgage applications to ensure the information is correct and complete to meet the standards of the lender.

What is a mortgage loan processor?

A mortgage loan processor is a key player on the mortgage lending team. Processing mortgage loans involves gathering and verifying information, organizing documents and working closely with lenders... Read More »

Training for a Loan Processor?

Loan processors work to complete the needed forms and documents for a lender to determine whether to write a loan. Loan processors work not only for banks and credit unions but also at other locati... Read More »

Consumer & Commercial Loan Processor Job Descriptions?

Consumers frequently borrow money from their bank to make capital purchases. Loans for home purchases or personal use are consumer loans and monies borrowed to start or enhance a business are comme... Read More »