How much does a Mortgage Operations Manager make in the United States? The average Mortgage Operations Manager salary in the United States is $136,410 as of April 24, 2024, but the range typically falls between $127,801 and $145,280. 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. 

Mortgage Operations Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Operations Manager Salary $119,963 US April 24, 2024
25th Percentile Mortgage Operations Manager Salary $127,801 US April 24, 2024
50th Percentile Mortgage Operations Manager Salary $136,410 US April 24, 2024
75th Percentile Mortgage Operations Manager Salary $145,280 US April 24, 2024
90th Percentile Mortgage Operations Manager Salary $153,356 US April 24, 2024
25% $127,801 10% $119,963 90% $153,356 75% $145,280 $136,410 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Operations Manager 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.

Loan Processing: The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.

3.

Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.

Customer Service 6.73%
Loan Processing 1.58%
Client Service 1.15%
Others 90.54%

Job Description for Mortgage Operations Manager

Mortgage Operations Manager oversees all mortgage lending operations, including verifying property appraisals, marketing loan products, and loan processing. Manages resources to ensure quality mortgage loan service and efficient delivery of products and services to clients. Being a Mortgage Operations Manager monitors the productivity and budgetary performance of the operations department and develops new procedures to improve processes. Acts as a resource for knowledge on mortgage lending operations and trains and educates personnel on new or changing regulations or procedures. Additionally, Mortgage Operations Manager requires a bachelor's degree. Typically reports to a director. The Mortgage Operations Manager 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. To be a Mortgage Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Operations Manager
  • Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing ...
    - 1 Day Ago
  • Description. JOB PURPOSE: The Manager of Clinical Operations works with nursing leadership to support clinical initiatives. identified at the system, entit...
    - 1 Day Ago
  • Employee Type. Full time. Location. MD Cambridge. Job Type. Production Maintenance. Job Posting Title. Senior Manager, Technical Operations. About Us. Tree...
    - 1 Day Ago
  • McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and ser...
    - 3 Days Ago
  • McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and ser...
    - 3 Days Ago
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Mortgage Operations Manager salary varies from city to city. Compared with national average salary of Mortgage Operations Manager, the highest Mortgage Operations Manager salary is in San Francisco, CA, where the Mortgage Operations Manager salary is 25.0% above. The lowest Mortgage Operations Manager salary is in Miami, FL, where the Mortgage Operations Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
127801
145280
136410

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
130616
154916
141435
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Operations Manager in the United States. The base salary for Mortgage Operations Manager ranges from $127,801 to $145,280 with the average base salary of $136,410. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $130,616 to $154,916 with the average total cash compensation of $141,435.
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127801
145280

 

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Skills associated with Mortgage Operations Manager: Manage Staff Scheduling, Quality Assurance Process, Operational Policy Development, Lending Regulatory Compliance ...More

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Mortgage Operations Manager Salary in United States
Mortgage Operations Manager Salary Graph, Regional Distribution and Summary