Home > Salary > New Zealand > Mortgage Loan Processor
A mortgage loan processor is a professional responsible for managing and organizing the documentation required for the approval and closing of mortgage loans. Their main role is to ensure that all necessary paperwork is complete, accurate, and in compliance with regulatory standards. They work closely with loan officers, underwriters, and borrowers to gather and verify information, such as income, employment history, credit reports, and property appraisals. Additionally, mortgage loan processors review loan applications, calculate debt-to-income ratios, and prepare loan packages for submission to underwriters. They also communicate with borrowers to request any missing or additional documentation and keep them informed about the progress of their loan application. Accuracy, attention to detail, and strong organizational skills are essential for this occupation.
Estimated Yearly Salary: 72,220 NZD
Estimated Monthly Salary: 6,018 NZD
Estimated Weekly Salary: 1,389 NZD per week
Estimated Hourly Salary: 35 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,810 NZD
Estimated Weekly Salary: 1,341 NZD per week
Estimated Hourly Salary: 34 NZD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 36,045 USD
Estimated Monthly Salary: 3,004 USD
Estimated Weekly Salary: 693 USD per week
Estimated Hourly Salary: 17 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 72,220 NZD
Estimated Monthly Salary: 6,018 NZD
Estimated Weekly Salary: 1,389 NZD per week
Estimated Hourly Salary: 35 NZD per hour
By working as Mortgage Loan Processor a person can save up to 1,065 USD per month or 12,784 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 New Zealand, see costs of living in New Zealand.
Estimated Yearly Salary for Mortgage Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Processor salary in New Zealand
Average Yearly Salary of Mortgage Loan Processor in New Zealand is approximately 72,220 NZD (36,045 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 Mortgage Loan Processor do?
A mortgage loan processor is a professional responsible for managing and organizing the documentation required for the approval and closing of mortgage loans. Their main role is to ensure that all necessary paperwork is complete, accurate, and in compliance with regulatory standards. They work closely with loan officers, underwriters, and borrowers to gather and verify information, such as income, employment history, credit reports, and property appraisals. Additionally, mortgage loan processors review loan applications, calculate debt-to-income ratios, and prepare loan packages for submission to underwriters. They also communicate with borrowers to request any missing or additional documentation and keep them informed about the progress of their loan application. Accuracy, attention to detail, and strong organizational skills are essential for this occupation.
Skills: Mortgage loan processor, Loan processing, Mortgage industry, Financial services, Documentation management, Loan underwriting.
Job industry: Finance
Job industry: Finance
How much does Mortgage Loan Processor make?
Salary details
How much does Mortgage Loan Processor make?Estimated Yearly Salary: 72,220 NZD
Estimated Monthly Salary: 6,018 NZD
Estimated Weekly Salary: 1,389 NZD per week
Estimated Hourly Salary: 35 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 69,724 NZDEstimated Monthly Salary: 5,810 NZD
Estimated Weekly Salary: 1,341 NZD per week
Estimated Hourly Salary: 34 NZD per hour
Last revision of data: 2024-01-08Mortgage Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 36,045 USD
Estimated Monthly Salary: 3,004 USD
Estimated Weekly Salary: 693 USD per week
Estimated Hourly Salary: 17 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Processor job salary compared to average salary in New Zealand.
Comparison shows that a person working as Mortgage Loan Processor in New Zealand earns on average:
0.89 times the average salary (or 89% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Processor job salary compared to average salary in New Zealand.
Comparison shows that a person working as Mortgage Loan Processor in New Zealand earns on average:
0.89 times the average salary (or 89% of average salary).
Is Mortgage Loan Processor a well paid job?
Yes, our data show that Mortgage Loan Processor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mortgage Loan Processor?
High salary for Mortgage Loan Processor would be somewhere between 79,442 NZD and 104,719 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Processor in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 72,220 NZD
Estimated Monthly Salary: 6,018 NZD
Estimated Weekly Salary: 1,389 NZD per week
Estimated Hourly Salary: 35 NZD per hour
By working as Mortgage Loan Processor a person can save up to 1,065 USD per month or 12,784 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mortgage Loan Processor
Australia is 45,020 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 New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Packaging engineering manager (159,190 NZD per year, pre-tax.)
Gas fitter (87,404 NZD per year, pre-tax.)
Behavioral psychologist (96,968 NZD per year, pre-tax.)
Vice president (vp), senior research director (187,785 NZD per year, pre-tax.)
Pastoral care head (77,113 NZD per year, pre-tax.)
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Salary details presented on this website are intended for reference purposes exclusively. Our data is sourced through various inputs and may not necessarily be up to date. Users should verify salary information through other means before making financial commitments. The figures listed here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot warrant that the information provided is flawless. By using this website, you agree that salary information is offered 'as is' and without warranties.
Salary details displayed on optisalary.com are intended for reference purposes only. Our data is sourced through multiple inputs and may not necessarily be up to date. Users must verify salary information through other means before making financial commitments. The figures shown here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We cannot warrant that the information displayed is error-free. By using optisalary.com, you accept that salary information is presented 'as is' and without warranties.