How much does a Foreclosure Manager make in Tennessee? The average Foreclosure Manager salary in Tennessee is $80,996 as of March 26, 2024, but the range typically falls between $69,558 and $95,348. 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.

Foreclosure Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Foreclosure Manager Salary $59,144 TN March 26, 2024
25th Percentile Foreclosure Manager Salary $69,558 TN March 26, 2024
50th Percentile Foreclosure Manager Salary $80,996 TN March 26, 2024
75th Percentile Foreclosure Manager Salary $95,348 TN March 26, 2024
90th Percentile Foreclosure Manager Salary $108,416 TN March 26, 2024
25% $69,558 10% $59,144 90% $108,416 75% $95,348 $80,996 50%(Median) Didn’t find job title? Click
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What skills does a Foreclosure 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.

Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

2.

Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".

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.

Planning 4.84%
Mortgage Loans 3.23%
Mortgage Lending 1.61%
Others 90.32%

Job Description for Foreclosure Manager

Foreclosure Manager develops and administers the foreclosure agenda for an organization. Designs and implements programs to improve foreclosure processing. Being a Foreclosure Manager requires a bachelor's degree in a related area. Typically reports to a director. The Foreclosure Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Foreclosure Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Foreclosure Manager in Tennessee

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Location Avg. Salary Date Updated
Location Adams, TN Avg. Salary $78,722 Date Updated March 26, 2024
Location Adamsville, TN Avg. Salary $74,698 Date Updated March 26, 2024
Location Afton, TN Avg. Salary $76,972 Date Updated March 26, 2024
Location Alamo, TN Avg. Salary $81,346 Date Updated March 26, 2024
Location Alcoa, TN Avg. Salary $80,208 Date Updated March 26, 2024
Location Alexandria, TN Avg. Salary $81,783 Date Updated March 26, 2024
Location Allardt, TN Avg. Salary $79,596 Date Updated March 26, 2024
Location Allons, TN Avg. Salary $80,733 Date Updated March 26, 2024
Location Allred, TN Avg. Salary $79,596 Date Updated March 26, 2024
Location Alpine, TN Avg. Salary $79,596 Date Updated March 26, 2024

Career Path for Foreclosure Manager

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 Foreclosure Manager, the first career path typically progresses to Banking Operations Director.

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Foreclosure Manager Salary in Tennessee
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