How much does a Mortgage Loan Funding Clerk make in Michigan? The average Mortgage Loan Funding Clerk salary in Michigan is $41,714 as of February 26, 2024, but the range typically falls between $35,784 and $47,930. 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 Loan Funding Clerk Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Loan Funding Clerk Salary $30,384 MI February 26, 2024
25th Percentile Mortgage Loan Funding Clerk Salary $35,784 MI February 26, 2024
50th Percentile Mortgage Loan Funding Clerk Salary $41,714 MI February 26, 2024
75th Percentile Mortgage Loan Funding Clerk Salary $47,930 MI February 26, 2024
90th Percentile Mortgage Loan Funding Clerk Salary $53,589 MI February 26, 2024
25% $35,784 10% $30,384 90% $53,589 75% $47,930 $41,714 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Loan Funding Clerk 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.

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.

3.

Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.

Customer Service 12.2%
Futures 1.28%
Mortgage Lending 2.58%
Others 83.94%

Job Description for Mortgage Loan Funding Clerk

Mortgage Loan Funding Clerk performs routine administrative tasks in support of the mortgage loan funding group. Prepares and finalizes documents and helps with packaging and funding for customers. Being a Mortgage Loan Funding Clerk ensures accuracy in loan closing process. Requires a high school diploma or its equivalent. Additionally, Mortgage Loan Funding Clerk typically reports to a supervisor. The Mortgage Loan Funding Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Loan Funding Clerk in Michigan

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $42,460 Date Updated February 26, 2024
Location Acme, MI Avg. Salary $39,637 Date Updated February 26, 2024
Location Ada, MI Avg. Salary $40,790 Date Updated February 26, 2024
Location Addison, MI Avg. Salary $42,492 Date Updated February 26, 2024
Location Adrian, MI Avg. Salary $41,762 Date Updated February 26, 2024
Location Afton, MI Avg. Salary $39,082 Date Updated February 26, 2024
Location Ahmeek, MI Avg. Salary $39,953 Date Updated February 26, 2024
Location Akron, MI Avg. Salary $39,127 Date Updated February 26, 2024
Location Alanson, MI Avg. Salary $39,082 Date Updated February 26, 2024
Location Alba, MI Avg. Salary $39,082 Date Updated February 26, 2024

Career Path for Mortgage Loan Funding Clerk

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 Loan Funding Clerk, the first career path typically progresses to Mortgage Loan Funding Clerk, Sr..

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Jobs with a similar salary range to Mortgage Loan Funding Clerk : Visual Inspector, Escrow Administrator, Mortgage Clerk

Mortgage Loan Funding Clerk Salary in Michigan
Mortgage Loan Funding Clerk Salary Graph, Regional Distribution and Summary