Mortgage Processor in Milwaukee, WI

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 Milwaukee, WI

31750 - 53750

25th percentile

31750

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

50th percentile

39750

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

75th percentile

53750

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

126000

154500

181500

Manager of Operations – Financial Services

88000

109250

130000

Banking Operations Specialist, 5+ Years' Experience

60500

73750

86000

Banking Operations Specialist, 3-5 Years' Experience

48750

59250

70500

Banking Operations Specialist, 1-3 Years' Experience

40250

50250

58500

Loan Processor

37250

44500

56250

Loan Administrator

32500

37500

45250

Mortgage Underwriter

59750

73750

96500

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