Mortgage Processor 4 Salary in the United States

How much does a Mortgage Processor 4 make in the United States?

As of May 18, 2021, the average salary for a Mortgage Processor 4 in the United States is $59,377 per year, which breaks down to an hourly rate of $29.

However, a Mortgage Processor 4's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $79,650
  • Majority Range (25th-75th percentile): $51,595 to $69,989
  • Entry-Level (10th percentile): $44,510
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View as table View as graph 25% $51,595 10% $44,510 90% $79,650 75% $69,989 $59,377 50%(Median) Didn’t find job title? Click

Mortgage Processor 4 Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $69,989 $5,832 $1,346 $34
Average $59,377 $4,948 $1,142 $29
25th Percentile $51,595 $4,300 $992 $25
Check out Mortgage Processor 4 Job Openings in the United States
Mortgage Loan Processor

Insight Global - Columbus, OH

Mortgage Processor

Jobot - Blacklick, OH

Mortgage Loan Processor

Jobot - Brecksville, OH

CDL Truck Driver

Marvin Keller Trucking - GREENSBORO, NC

Search More Mortgage Processor 4 Jobs in the United States

Key Factors That Influence Mortgage Processor 4 Salaries

A Mortgage Processor 4's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Do Mortgage Processor 4 Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Mortgage Processor 4s. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $65,742.
  • California: $65,492.
  • Massachusetts: $64,620.

Top Paying Cities for Mortgage Processor 4s

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $74,892
  • San Francisco: $74,156
  • Oakland: $72,511

What Skills Can Increase a Mortgage Processor 4's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 7.59% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Credit Reports (Mentioned in 2.57% Job Postings): Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.
  • Pricing (Mentioned in 0.78% Job Postings): Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
See More Skills
Skills Demand Percentage
Customer Service 7.59%
Credit Reports 2.57%
Pricing 0.78%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Mortgage Processor 4's salary.
  • Initiative: Can increase your salary by up to 9%.
  • Mortgage Lending: Can increase your salary by up to 4%.
  • Commitment: Can increase your salary by up to 3%.
Skill Salary Salary % Increase
Initiative
$64,721
9%
Mortgage Lending
$61,752
4%
Commitment
$61,158
3%
Communication Skills
$61,158
3%
Problem Solving
$61,158
3%
Written Communication
$60,564
2%
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How Education impacts a Mortgage Processor 4's Salary?

Your level of education can impact your salary potential. While many Mortgage Processor 4s enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Mortgage Processor 4 with a High School Diploma or Technical Certificate is between $51,051 and $55,251).

Mortgage Processor 4 Salaries by Degree Level

Typical Education for Mortgage Processor 4
Degree Level % of user with this level of education
No Diploma 1.5%
High School 49.2%
Associates 18.5%
Bachelors 27.7%
Masters 3.1%
Doctorate 0.0%
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Mortgage Processor 4 Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Processor 4's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

Salary Trends for Mortgage Processor 4

Salaries for a Mortgage Processor 4 can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $45,851 in 2023 to around $45,792 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Processor 4 salary trends, .

Average Annual Salary of Mortgage Processor 4 Over Time

2022
$???
2023
$45,851
2024
$45,977
2025
$45,792
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $45,851
2024 $45,977
2025 $45,792
2026
View More
2027
View More

Most common benefits for Mortgage Processor 4

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Mortgage Processor 4

Here are companies hiring for Mortgage Processor 4 and their salaries, click below for more details.

Find Your Next Mortgage Processor 4 Job

Ready to take the next step in your career? Browse thousands of current Mortgage Processor 4 job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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