Mortgage Operations Manager
BankWest – Pierre, SD
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How much does a Director of Mortgage Operations make in South Dakota? As of September 01, 2026, the average salary for a Director of Mortgage Operations in South Dakota is $130,308 per year, which breaks down to an hourly rate of $63.
However, a Director of Mortgage Operations's salary can vary significantly. Here's a look at the typical salary range:
Director of Mortgage Operations Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $145,309 | $12,109 | $2,794 | $70 |
| Average | $130,308 | $10,859 | $2,506 | $63 |
| 25th Percentile | $117,465 | $9,789 | $2,259 | $56 |
A Director of Mortgage Operations's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Director of Mortgage Operations's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Mortgage Loan Officer III | less than 1 year | $85,029 |
| Mortgage Lending Assistant Manager | 1-2 years | $87,362 |
| Mortgage Lending Manager | 2-4 years | $107,003 |
| Director of Mortgage Operations | 5-8 years | $127,183 |
| VP of Mortgage Lending | over 8 years | $238,552 |
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Director of Mortgage Operations. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Director of Mortgage Operations roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 40% above the average. In contrast, Director of Mortgage Operations positions in Insurance or Business Services typically offer lower base pay, as these industries often view Director of Mortgage Operations as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $182,432 | $88.0 | 40% |
| Edu., Gov't. & Nonprofit | $143,339 | $69.0 | 10% |
Understanding how a Director of Mortgage Operations's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $145,309 | $12,109 | $2,794 | $70 |
| Average | $130,308 | $10,859 | $2,506 | $63 |
| 25th Percentile | $117,465 | $9,789 | $2,259 | $56 |
Ready to take the next step in your career? Browse thousands of current Director of Mortgage Operations job openings on our job board. Use the search bar below to find your perfect match.
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