How much does a Mortgage Collector III make in New Jersey? The average Mortgage Collector III salary in New Jersey is $61,912 as of April 24, 2024, but the range typically falls between $52,574 and $80,177. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Mortgage Collector III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Collector III Salary $44,072 NJ April 24, 2024
25th Percentile Mortgage Collector III Salary $52,574 NJ April 24, 2024
50th Percentile Mortgage Collector III Salary $61,912 NJ April 24, 2024
75th Percentile Mortgage Collector III Salary $80,177 NJ April 24, 2024
90th Percentile Mortgage Collector III Salary $96,806 NJ April 24, 2024
25% $52,574 10% $44,072 90% $96,806 75% $80,177 $61,912 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Collector III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Bankruptcy: Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.

3.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

Customer Service 12.66%
Bankruptcy 3.8%
Background Check 2.53%
Others 81.01%

Job Description for Mortgage Collector III

Mortgage Collector III contacts clients to remedy delinquency or non-payments. Determines appropriate collection alternatives to settle shortfalls. Being a Mortgage Collector III negotiates any contract changes. Documents all collection activities and delinquent accounts in compliance with policies and procedures. Additionally, Mortgage Collector III requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Mortgage Collector III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Mortgage Collector III typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Collector III in New Jersey
  • Job Title. Research Engineer III. Agency. Texas A&M University System Offices. Department. Bush Combat Development Complex. Proposed Minimum Salary. Commen...
    - 10 Days Ago
  • UWM is looking for self-starters for our Mortgage Operations teams. You’ll help make sure loan documents are handled quickly, correctly and on time. What Y...
    - 6 Months Ago
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 1 Month Ago
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 2 Months Ago
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 2 Months Ago

Select a city to view specific salary and bonus information for Mortgage Collector III

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $63,833 Date Updated April 24, 2024
Location Bergenfield, NJ Avg. Salary $64,963 Date Updated April 24, 2024
Location Bloomfield, NJ Avg. Salary $65,019 Date Updated April 24, 2024
Location East Brunswick, NJ Avg. Salary $63,776 Date Updated April 24, 2024
Location Hoboken, NJ Avg. Salary $65,979 Date Updated April 24, 2024
Location Irvington, NJ Avg. Salary $63,833 Date Updated April 24, 2024
Location Lakewood, NJ Avg. Salary $62,872 Date Updated April 24, 2024
Location Middlesex, NJ Avg. Salary $63,381 Date Updated April 24, 2024
Location Passaic, NJ Avg. Salary $65,019 Date Updated April 24, 2024
Location Union, NJ Avg. Salary $63,833 Date Updated April 24, 2024

Career Path for Mortgage Collector III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Collector III, the first career path typically starts with a Consumer Loan Collection Supervisor I position, and then Consumer Loan Collection Supervisor II.

The second career path typically progresses to Consumer Loan Collection/Recovery Supervisor.

Additionally, the third career path typically starts with a Mortgage Collection Supervisor I position, and then progresses to Mortgage Collection Supervisor II.

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Mortgage Collector III Salary in New Jersey
Mortgage Collector III Salary Graph, Regional Distribution and Summary