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Mortgage Processor in Rockford, IL

Mortgage Processor Job Description

Mortgage processors should have excellent organizational, customer service, negotiation, problem-solving and communication skills. Lending institutions generally seek individuals with at least two years of experience, as well as a high school diploma or equivalent.

Typical mortgage processor duties:

Processing mortgage loan applications from the time of receipt of application to submission of the loan package to underwritingGathering, organizing and tracking loan documentationWorking with lenders, applicants, underwriters, appraisers and others to complete processingResolving customer service issues

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Salary for Mortgage Processor in Rockford, IL
28710 - 48938
Low
28710
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
36105
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
48938
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Director of Operations – Financial Services 114188 140723 165735 Operations Manager - Financial Services 77648 96788 115058 Client Service Representative 48938 71123 90698 Mortgage Underwriter 53288 66338 87653 Loan Processor 34800 41108 51548 Loan Administrator 29580 34365 42630 Performance Analyst 51765 63510 78518 Trader/Sales Assistant 45893 56550 67208

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.