How much does a Mortgage Collector II make in Illinois? The average Mortgage Collector II salary in Illinois is $51,317 as of February 26, 2024, but the range typically falls between $44,222 and $57,345. 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 II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Collector II Salary $37,763 IL February 26, 2024
25th Percentile Mortgage Collector II Salary $44,222 IL February 26, 2024
50th Percentile Mortgage Collector II Salary $51,317 IL February 26, 2024
75th Percentile Mortgage Collector II Salary $57,345 IL February 26, 2024
90th Percentile Mortgage Collector II Salary $62,834 IL February 26, 2024
25% $44,222 10% $37,763 90% $62,834 75% $57,345 $51,317 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Collector II 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.

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Customer Service 13.64%
Life Insurance 2.27%
Futures 1.52%
Others 82.57%

Job Description for Mortgage Collector II

Mortgage Collector II contacts clients to remedy delinquency or non-payments. Determines appropriate collection alternatives to settle shortfalls. Being a Mortgage Collector II negotiates any changes to contracts. Documents all collection, delinquent and foreclosure activities in compliance with policies and procedures. Additionally, Mortgage Collector II requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Mortgage Collector II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Mortgage Collector II typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Collector II in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $52,685 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $52,505 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $47,367 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $47,940 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $48,774 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $52,505 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $46,905 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $46,555 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $48,774 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $45,863 Date Updated February 26, 2024

Career Path for Mortgage Collector II

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

The second career path typically starts with a Consumer Loan Collection/Recovery Rep. III position, and then progresses to Consumer Loan Collection/Recovery Supervisor.

The third career path typically progresses to Loan Collection Clerk III.

Additionally, the fourth career path typically starts with a Mortgage Collector III position, and then progresses to Mortgage Collection Supervisor I.

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Jobs with a similar salary range to Mortgage Collector II : Head Grower, Mortgage Coordinator, Mortgage Field Inspector

Mortgage Collector II Salary in Illinois
Mortgage Collector II Salary Graph, Regional Distribution and Summary