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Mortgage Processor in Indianapolis, IN

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 Indianapolis, IN
31283 - 53108
25th percentile
31283
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
39285
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
53108
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 125130 153503 180178 Manager of Operations – Financial Services 85360 105973 126100 Client Service Representative 54320 79055 100880 Banking Operations Specialist 39528 59170 83420 Loan Processor 37345 44620 56260 Loan Administrator 32253 37345 45105 Mortgage Underwriter 59170 72993 95545 Trader/Sales Assistant 50925 62565 72993 Performance Analyst 56260 69113 84633

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