Assistant Vice President (AVP), Mortgage Lending Salary

A big portion of take-home pay for Assistant VPs of Mortgage Lending — just over a half, in fact — arrives through commissions. This profession's median overall income is approximately $74K. Total cash compensation to Assistant VPs of Mortgage Lending approaches anywhere from $45K on the lower end to $120K on the higher end; in exceptional cases, this can include more than $16K from bonuses and upwards of $10K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by experience level and the particular employer. Women make up the majority of Assistant VPs of Mortgage Lending (61 percent) who completed the questionnaire. Medical and dental benefits are awarded to most, and more than half earn vision coverage. Most Assistant VPs of Mortgage Lending report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$44,152 - $105,618
MEDIAN: $69,155

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$44,152 - $105,618  
$1,021 - $16,246  
Profit Sharing
$59.60 - $10,067  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$44,957 - $119,952  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 237
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Job Description for Assistant Vice President (AVP), Mortgage Lending

Assistant vice presidents (AVPs) of mortgage lending work with their vice president and assist with the daily operations of a company's mortgage loan department. They are often responsible for monitoring the loan applications of mortgage brokers to ensure profitable loans are provided and that customers are able to pay them back, and also monitor the lender's profit margin to ensure profitability.


Assistant Vice President (AVP), Mortgage Lending Tasks

  • Select and negotiate with vendors and contractors, evaluating costs and benefits.
  • Train staff in and ensure compliance with federal, state, and organizational regulations.
  • Oversee and motivate loan staff, including setting goals and schedules.

Assistant Vice President (AVP), Mortgage Lending Job Listings

Search for more jobs:

Popular Employer Salaries for

Assistant VPs of Mortgage Lending note just a narrow range of job skills. Most notably, skills in Operations Management, Regulatory Compliance, Mortgage Loans, and Loan Underwriting are correlated to pay that is above average. Skills that seem to negatively impact pay include Loan Underwriting, Mortgage Loans, and Regulatory Compliance.

Pay by Experience Level for

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Experience and pay tend to be weakly linked for Assistant VPs of Mortgage Lending — those with more experience do not necessarily bring in higher earnings. Salaries for inexperienced workers average out to $73K, and those with five to 10 years' experience earn a higher median of $68K. Assistant VPs of Mortgage Lending see a median salary of $76K after reaching one to two decades on the job. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $86K, demonstrating that compensation is roughly commensurate with experience in the end.

Assistant Vice President (AVP), Mortgage Lending Advice

What do you wish you knew about your job when you first started out?

Assistant Vice President (AVP), Mortgage Lending in Houston:
"Rewarding But Tough."
You will need to stay open to new technology and be very flexible to rule changes. Much of your work will be governed by political changes in Washington, outside of your control.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Experience Affects Salaries

up arrow 15%

up arrow 2%

National Average

up arrow 2%

up arrow 9%

Skills That Affect Salaries

Operations Management
up arrow 10%

National Average

Regulatory Compliance
up arrow 5%

Loan Underwriting
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.


61 %
39 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 84%
vision benefits Vision: 68% employee benefits None: 8%