Alternate Job Titles: Manager of Mortgage Operations, Mortgage Operations Manager
How much does a Mortgage Operations Manager make? The median annual Mortgage Operations Manager salary is $124,680, as of September 27, 2017, with a range usually between $84,914-$183,414, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Mortgage Operations Manager in the United States.
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This chart describes the expected percentage of people who perform the job of Mortgage Operations Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Mortgage Operations Manager in the United States is $124,680, so 50% of the people who perform the job of Mortgage Operations Manager in the United States are expected to make less than $124,680.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Mortgage Operations Manager that make less than that salary. For example 50% of the people who perform the job of Mortgage Operations Manager are expected to make less than the median.
Source: HR Reported data as of October 2017
Manages and directs the daily activities of the mortgage operations department. Oversees all lending functions, which may include sales, funding, processing, and closing. Monitors the productivity and budgetary performance of the operations department. Ensures efficient delivery of products and services to clients. Develops and implements polices and procedures. Requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. View full job description