Okay, let’s tackle this. So Steve Elmore has 1 year of experience as a mortgage processor. Location is Colorado Springs, Colorado, which is a mid-sized city. Mortgage processing rates vary widely depending on experience, location, and industry demand. For a mid-level mortgage processor with 1 year of experience, rates can range from $25 to $50 per hour. Considering the location, I’ll estimate around $40 per hour, which is on the lower end of the range. Some mortgage processors in larger cities or with more experience can charge higher rates, but this is a reasonable estimate for Steve’s profile.