How much does a Mortgage Loan Processing Manager make in the United States? The average Mortgage Loan Processing Manager salary in the United States is $91,133 as of April 27, 2019, but the range typically falls between $77,789 and $102,094. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
Ensures that new mortgage loan packages are processed and completed according to established policies and procedures. Evaluates loans for accuracy, completion, and compliance with governmental regulations. Monitors processes for efficiency and effectiveness; provides top management with recommendations for improvement. Develops and implements training operations. May prepare loans for underwriting. May require a bachelor's degree. Typically reports to a 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. (Copyright 2019 Salary.com)
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Includes base and annual incentives
3 + years experience
High School Diploma or Tech Certificate
5 + years experience
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