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 $121,377, as of July 29, 2016, with a range usually between $82,689-$178,581, 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.
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 $121,377, so 50% of the people who perform the job of Mortgage Operations Manager in the United States are expected to make less than $121,377.
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 August 2016
Manages and directs the daily activities of the mortgage operations department. Responsible for all lending functions, which may include sales, funding, processing, and closing. Responsible for 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 or its equivalent with at least 7 years experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complicated tasks. A wide degree of creativity and latitude is expected. Leads and directs the work of others. Typically reports to a senior manager or head of a unit/department. View full job description