How much are other Mortgage Loan Processors making right now? I know times are tough and layoffs are abundunt. I gotta know where I stand before venturing out. Im currently making about $5,000/mo doing about 10 files.

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If you can, I'd definitely stay where you are. Due to the overabundance of talent mortgage salaries are dropping and every processor role I see has at LEAST 300-500 applicants and lots have over 1,000 (I saw one recently with over 3,000 applicants on one job site alone). Plus you are not only competing with many out of work processors, but underwriters and QC people as well. I honestly wouldn't recommend ANYONE in mortgage switch companies right now, and I've been in mortgage over 20 years.

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I agree!!! No jobs out there even with my government experience both

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