Mortgage Processor in Lansing, MI

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 underwriting

Gathering, organizing and tracking loan documentation

Working with lenders, applicants, underwriters, appraisers and others to complete processing

Resolving customer service issues

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Data Processing

Microsoft Excel

Automated Underwriting System

Microsoft Word

Spreadsheets

Loan Administration

Loan Origination

Underwriting

Mortgage Banking

Processor

Salary for Mortgage Processor in Lansing, MI

26988 - 45688

25th percentile

26988

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

33788

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

45688

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Director of Operations – Financial Services

107100

131325

154275

Manager of Operations – Financial Services

74800

92863

110500

Banking Operations Specialist, 5+ Years' Experience

51425

62688

73100

Banking Operations Specialist, 3-5 Years' Experience

41438

50363

59925

Banking Operations Specialist, 1-3 Years' Experience

34213

42713

49725

Loan Processor

31663

37825

47813

Loan Administrator

27625

31875

38463

Mortgage Underwriter

50788

62688

82025

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