Home > Salary > Mexico > Senior Mortgage Loan Processor
A senior mortgage loan processor is responsible for overseeing and managing the loan application process from start to finish. They review and verify all loan documents, ensuring accuracy and completeness. They collaborate with loan officers, underwriters, and borrowers to gather necessary information and resolve any issues that may arise during the application process. Senior mortgage loan processors also calculate debt-to-income ratios and review credit reports to determine loan eligibility. They prepare loan files for submission to underwriting and ensure compliance with all regulatory requirements. Additionally, they communicate with borrowers to provide updates on the status of their loan application and answer any questions they may have.
Estimated Yearly Salary: 398,121 MXN
Estimated Monthly Salary: 33,177 MXN
Estimated Weekly Salary: 7,656 MXN per week
Estimated Hourly Salary: 191 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 32,107 MXN
Estimated Weekly Salary: 7,409 MXN per week
Estimated Hourly Salary: 185 MXN per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 19,960 USD
Estimated Monthly Salary: 1,663 USD
Estimated Weekly Salary: 384 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 398,121 MXN
Estimated Monthly Salary: 33,177 MXN
Estimated Weekly Salary: 7,656 MXN per week
Estimated Hourly Salary: 191 MXN per hour
By working as Senior Mortgage Loan Processor a person can save up to 927 USD per month or 11,123 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Senior Mortgage Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Senior Mortgage Loan Processor salary in Mexico
Average Yearly Salary of Senior Mortgage Loan Processor in Mexico is approximately 398,121 MXN (19,960 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Mortgage Loan Processor do?
A senior mortgage loan processor is responsible for overseeing and managing the loan application process from start to finish. They review and verify all loan documents, ensuring accuracy and completeness. They collaborate with loan officers, underwriters, and borrowers to gather necessary information and resolve any issues that may arise during the application process. Senior mortgage loan processors also calculate debt-to-income ratios and review credit reports to determine loan eligibility. They prepare loan files for submission to underwriting and ensure compliance with all regulatory requirements. Additionally, they communicate with borrowers to provide updates on the status of their loan application and answer any questions they may have.
Skills: Senior Mortgage Loan Processor, Loan Processing, Mortgage Industry, Loan Application, Underwriting, Regulatory Compliance
Job industry: Finance
Job industry: Finance
How much does Senior Mortgage Loan Processor make?
Salary details
How much does Senior Mortgage Loan Processor make?Estimated Yearly Salary: 398,121 MXN
Estimated Monthly Salary: 33,177 MXN
Estimated Weekly Salary: 7,656 MXN per week
Estimated Hourly Salary: 191 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 385,280 MXNEstimated Monthly Salary: 32,107 MXN
Estimated Weekly Salary: 7,409 MXN per week
Estimated Hourly Salary: 185 MXN per hour
Last revision of data: 2024-01-05Senior Mortgage Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,960 USD
Estimated Monthly Salary: 1,663 USD
Estimated Weekly Salary: 384 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Senior Mortgage Loan Processor job salary compared to average salary in Mexico.
Comparison shows that a person working as Senior Mortgage Loan Processor in Mexico earns on average:
1.2 times the average salary (or 120% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Senior Mortgage Loan Processor job salary compared to average salary in Mexico.
Comparison shows that a person working as Senior Mortgage Loan Processor in Mexico earns on average:
1.2 times the average salary (or 120% of average salary).
Is Senior Mortgage Loan Processor a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Senior Mortgage Loan Processor?
High salary for Senior Mortgage Loan Processor would be somewhere between 437,933 MXN and 577,275 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Mortgage Loan Processor in Mexico?
Living in Mexico the approximate monthly expenses are: 736 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 398,121 MXN
Estimated Monthly Salary: 33,177 MXN
Estimated Weekly Salary: 7,656 MXN per week
Estimated Hourly Salary: 191 MXN per hour
By working as Senior Mortgage Loan Processor a person can save up to 927 USD per month or 11,123 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Mortgage Loan Processor
United States is 61,944 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Technology analyst (427,188 MXN per year, pre-tax.)
Kennel cleaner (128,740 MXN per year, pre-tax.)
Zookeeper (137,529 MXN per year, pre-tax.)
Medical director anesthesiology (1,536,172 MXN per year, pre-tax.)
Laboratory aide (149,227 MXN per year, pre-tax.)
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