Ocwen Financial Solutions Loan Processor Salaries by 20+ Employees

0 - 7 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Salary of majority employees

40% more than the average Loan Processor Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Loan Processor Salary 1 - 7 years exp. (9 salaries)	₹2.9 L/yr - ₹5.5 L/yr
Finance & Accounting Loan Processor Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr
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BFSI, Investments & Trading Loan Processor Salary 0 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹5.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Ocwen Financial Solutions for Loan Processor

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Loan Processor Salary 0 - 5 years exp. (57 salaries)	₹2.5 L/yr - ₹6.2 L/yr 9% less
JPMorgan Chase & Co. Loan Processor Salary 0 - 3 years exp. (42 salaries)	₹3 L/yr - ₹5.5 L/yr 7% less
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Mr Cooper Loan Processor Salary 1 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹3.3 L/yr 30% less
Mphasis Loan Processor Salary 0 - 6 years exp. (94 salaries)	₹2.1 L/yr - ₹5.5 L/yr 14% less
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (49 salaries)	₹0.9 L/yr - ₹3.1 L/yr 50% less

Loan Processor salary at Ocwen Financial Solutions ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 20 latest salaries received from various employees of Ocwen Financial Solutions.

Experience wise Ocwen Financial Solutions Loan Processor salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.4 L/yr
1 year (3 salaries)	₹3.3 L/yr - ₹4.6 L/yr
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2 years (5 salaries)	₹2.5 L/yr - ₹4.6 L/yr
3 years (3 salaries)	₹2.5 L/yr - ₹7.4 L/yr
4 years (3 salaries)	₹3.5 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
7 years (3 salaries)	₹3.5 L/yr - ₹5 L/yr

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Salary related reviews for Ocwen Financial Solutions

4.0

Rated by 6 employees for salary & benefits

Team Lead in Mumbai (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Jan 2024

5.0

for Salary and Benefits

Likes

...d organisation to work and learn for new joiners as well as experience people. Appraisal, Salary Hike and promotions policies are very good. Thus, you can work here long term to achieve your life goals.

Salary - Excellent

+5 more

Dislikes

Job Security is little concern but it is not with this only organisation. It is depend on market.

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 May 2018

5.0

for Salary and Benefits

Likes

I have been working with Ocwen for past 3.5 years. If you want relax job environment with decent package and with job security, this is the best one to join.Ocwen will never stop surprising you with on the floor activity and L&D activites and all the quaterly celebration. Work pressure depends on which process you get hire for. Some processes have tremendous work pressure but they get very good compensation in return.

Salary - Excellent

+6 more

Dislikes

Just like everyother company, you will face little politics here and there. Beacuse of which you have to be in the good book of your manager for growth.

Analyst (working remotely)

Data Science & Analytics Department

3.0

• posted on 26 Aug 2022

2.0

for Salary and Benefits

Likes

It is a good learning opportunity if you are a fresher, team mates are very supportive.

Job security - Good

+1 more

Dislikes

Work life balance is not good. Need to do overtime every single day without any extra pay. Salaries and increment are less. No appreciation and encouragement.

Salary - Poor

+1 more

Content Specialist in Bangalore / Bengaluru (working remotely)

Full Time

IT & Information Security Department

1.0

• posted on 17 Nov 2024

1.0

for Salary and Benefits

Likes

Health insurance facility was just ok.

Dislikes

Toxic work environment Toxic manager and colleagues No training given Appraisal takes hell lot of time to reflect in salary slip. They say hybrid and give permanent WFH. Repeated harrasment at workplace. Using bad language by manager.

Salary - Bad

+6 more

Infrastructure Manager in Pune

Full Time

IT & Information Security Department

2.0

• posted on 11 Nov 2024

2.0

for Salary and Benefits

Likes

Digital Transformation DEPARTMENT is good including growth an people ( +management). Transparent and clean eco-system in Digital Transformation only in IT.

Dislikes

No appraisals - hire and fire management. Absolute no salary hike and no promotions even working for 6 years. " Especially IT INFRASTRUCTURE Management is pathetic where the VP Infrastructure and all directors of Infrastructure DEPARTMENT are PAST CRIMINALS from HSBC and VODAFONE ( as per HR reports of HSBC and VODAFONE)....but what to say....its corporate

Salary - Poor

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Ocwen Financial Solutions Loan Processor Salary FAQs

What is the salary of Loan Processor at Ocwen Financial Solutions ?

The average salary of a Loan Processor at Ocwen Financial Solutions in India typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Loan Processor at Ocwen Financial Solutions earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Loan Processor Salaries at Ocwen Financial Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Ocwen Financial Solutions employees in India.

What is the estimated take home salary of a Loan Processor at Ocwen Financial Solutions in India?

The estimated take-home salary of a Loan Processor at Ocwen Financial Solutions in India typically ranges from ₹31,295 to ₹32,590 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Ocwen Financial Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Loan Processor at Ocwen Financial Solutions ?

To be a Loan Processor at Ocwen Financial Solutions in india, the key skills required include:

- US Mortgage
- MS Office Word
- Written Communication
- Document Review
- Time Management

These skills are highly valued at Ocwen Financial Solutions and are crucial for successful performance in a Software Engineering role.

What is the salary of a Loan Processor in companies similar to Ocwen Financial Solutions in India?

The salary of a Loan Processor at companies similar to Ocwen Financial Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JPMorgan Chase & Co.	₹3.0 Lakhs to ₹5.5 Lakhs per year
Wells Fargo	₹2.5 Lakhs to ₹6.2 Lakhs per year
Mphasis	₹2.1 Lakhs to ₹5.5 Lakhs per year
Mr Cooper	₹2.7 Lakhs to ₹3.3 Lakhs per year
HDB Financial Services	₹0.9 Lakhs to ₹3.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Loan Processor at Ocwen Financial Solutions in India?

The salary growth for a Loan Processor at Ocwen Financial Solutions depends on factors such as experience, performance, and promotions. On average, a Loan Processor can expect the following growth trajectory at Ocwen Financial Solutions:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹6.4 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.6 Lakhs per year
2 years	₹2.5 Lakhs to ₹4.6 Lakhs per year
3 years	₹2.5 Lakhs to ₹7.4 Lakhs per year

and so on.

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Ocwen Financial Solutions Loan Processor Salaries

Ocwen Financial Solutions Loan Processor salary in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Ocwen Financial Solutions latest salaries received from various employees of Ocwen Financial Solutions.