Mortgage Processor in Miami, FL

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 Miami, FL

34925 - 59125

25th percentile

34925

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

50th percentile

43725

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

75th percentile

59125

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

138600

169950

199650

Manager of Operations – Financial Services

96800

120175

143000

Banking Operations Specialist, 5+ Years' Experience

66550

81125

94600

Banking Operations Specialist, 3-5 Years' Experience

53625

65175

77550

Banking Operations Specialist, 1-3 Years' Experience

44275

55275

64350

Loan Processor

40975

48950

61875

Loan Administrator

35750

41250

49775

Mortgage Underwriter

65725

81125

106150

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