The average Loan Coordinator salary is $45,859 as of October 29, 2021, but the salary range typically falls between $40,481 and $52,648. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Similarly one may ask, how much does an underwriter make?
Currently, the national mean salary for insurance underwriters is $76,880, which is noticeably higher than the U.S. average salary for all occupations, $51,960. But the salaries for insurance underwriters vary depending on where you work, so find out which states pay the most and which pay the least.
Subsequently, how much does a loan processor make at Wells Fargo?
How much does a Loan Processor make at Wells Fargo in the United States? Average Wells Fargo Loan Processor yearly pay in the United States is approximately $33,138, which is 35% below the national average.
What is the salary of a loan closer?
The salaries of Mortgage Loan Closers in the US range from $25,944 to $130,630 , with a median salary of $40,059 . The middle 57% of Mortgage Loan Closers makes between $40,059 and $63,430, with the top 86% making $130,630.
How much does a mortgage closer make at Wells Fargo?
How much does a Mortgage Closer make at Wells Fargo in the United States? Average Wells Fargo Mortgage Closer yearly pay in the United States is approximately $40,462, which is 28% below the national average.
Is loan processor a good job?
Is Loan Processor a Good Job? … The BLS projects an 11% increase in loan officer positions between 2016 and 2026. This rate is higher than the national average for all careers combined, making loan processor careers an excellent option for those interested in the finance field.
How much does a senior loan processor make?
The average senior loan processor salary is $61,754 per year, or $29.69 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $37,000 a year, while the top 10% makes $102,000.
What is a loan processor salary?
How much does a Loan Processor make in California? As of Nov 15, 2021, the average annual pay for a Loan Processor in California is $47,105 an year.
What does a loan coordinator do?
A loan coordinator is responsible for reviewing loan applications and preparing the mortgage loan file for delivery to underwriting. … You typically work for banks and other home mortgage lenders. In addition to your review and preparation duties, you also provide support to the loan officer or builder.
How much do entry level loan processors make?
How much does an Entry Level Loan Processor in United States make? The highest salary for an Entry Level Loan Processor in United States is $71,128 per year. The lowest salary for an Entry Level Loan Processor in United States is $26,994 per year.