How much do loan processors make in IL?
| loan processor salaries in chicago, illinois | ||
|---|---|---|
| average salary $41,949/yr | low $37,315/yr | high $46,109/yr |
| how much does a loan processor make in chicago, il? |
How much do home loan processors make?
Salary Ranges for Mortgage Loan Processors The salaries of Mortgage Loan Processors in the US range from $22,224 to $62,000 , with a median salary of $37,710 . The middle 57% of Mortgage Loan Processors makes between $37,710 and $45,183, with the top 86% making $62,000.
What are the responsibilities of a loan processor?
Loan Processor duties and responsibilities
- Gathering information for the loan application.
- Evaluating credit histories for applications.
- Collecting data from clients such as their assets, salaries, debts and employment status to fill in information for the loan application.
How much do mortgage underwriters make?
The highest salary for a Mortgage Underwriter in Calgary, AB Area is $78,075 per year. The lowest salary for a Mortgage Underwriter in Calgary, AB Area is $45,364 per year.
Is a mortgage processor a good job?
Is Loan Processor a Good Job? The BLS projects an 11% increase in loan officer positions between 2016 and 2026. This rate is higher than the national average for all careers combined, making loan processor careers an excellent option for those interested in the finance field.
How much do loan processors make per hour?
How Much Do Mortgage Loan Processor Jobs Pay per Hour?
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $60,000 | $29 |
| 75th Percentile | $51,500 | $25 |
| Average | $47,138 | $23 |
| 25th Percentile | $37,500 | $18 |
Is mortgage underwriter a good job?
Underwriting is a great career for those pursuing a role in the finance or insurance fields. Underwriters typically make a high salary with room to advance in the role.