🏠 Real Estate ↑ 4% growth · Average

Mortgage Processor / Loan Processor

Mortgage processors compile and verify all the documentation needed to close home loans — income verification, appraisals, title searches, and underwriter conditions. They're the engine behind every home purchase, working alongside loan officers to get files closed on time.

$46,630 Median Salary
59K US Jobs
2–6 months Training
$500–$3,000 Typical Cost

💰 Salary & Earning Potential

Salary data from the U.S. Bureau of Labor Statistics (BLS). Figures represent national averages — local wages vary by state, city, and employer.

Entry Level
$35,000
Median
$46,630
Experienced
$65,000
Want your state's salary? Select a state below to see local wage data, demand, and training programs.

📈 Job Outlook

4%
Projected Growth (10yr)
Average
59K
Total US Jobs
Active positions nationwide
NMLS License
Required Credential
NMLS License (may be required) + Internal LOS Training

🎓 Training & Education

Typical Program
On-the-Job Training or Mortgage Processing Certificate
Program Length
2–6 months
Typical Tuition
$500–$3,000
Work Setting
Mortgage companies, banks, credit unions, remote
🏆 Credential Required: NMLS License (may be required) + Internal LOS Training

☀️ Day in the Life

A typical day as a Mortgage Processor / Loan Processor involves working closely with clients and colleagues in a Mortgage companies environment. You'll apply your training daily while building expertise and advancing your career.

⚖️ Pros & Cons

Advantages

  • ✅ Strong job security
  • ✅ Rewarding work
  • ✅ Clear career progression
  • ✅ Growing demand

Challenges

  • ⚠️ Can be physically demanding
  • ⚠️ May require ongoing certification
  • ⚠️ Entry-level wages vary by region

🗺️ Mortgage Processor / Loan Processor by State

See local salary data, licensing requirements, and schools in your state: