Foreclosure Specialist Salary (United States)

The average rate for a Foreclosure Specialist is $16.65 per hour. Most people move on to other jobs if they have more than 20 years' experience in this field.
Foreclosure Specialist Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$29,668 - $46,027
(Median)
30K
38K
46K
MEDIAN: $38,373
10%
50%
90%
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Foreclosure Specialist Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.35 - $22.33
(Median)
12
15
22
MEDIAN: $16.00
10%
25%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17K$34K$51K
Salary
$29,668 - $46,027  
   
Bonus
$0.00 - $6,076  
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).
)
$28,259 - $48,480  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 55
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$12.35 - $22.33  
   
Overtime
$17.41 - $31.88  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $6,076  
   
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).
)
$28,259 - $48,480  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 87
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Job Description for Foreclosure Specialist

A foreclosure specialist makes sure that foreclosures are carried out correctly and efficiently. They work with the account services and legal departments, as well as process documents from home owners, courts, lawyers, and other involved parties. Basic computer skills are important, as maintaining a database to track the foreclosure process for all accounts is needed in this position. If new accounts are acquired, the foreclosure specialist needs to enter their information; when an account makes progress in the foreclosure process, the specialist is responsible for logging updates. When documents are missing, the foreclosure specialist may be responsible for obtaining them, and they may make phone calls to make collections.
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Foreclosure Specialist Tasks
  • Enter data, identify gaps, and seek title or other information to complete files.
  • Perform calculations and estimates for internal, legal, governmental, client and other audiences.
  • Update and maintain documentation and status of ongoing foreclosures.
  • Write and send notices, correspondence and updates to clients, banks, lawyers, and the government.

Foreclosure Specialist Job Listings

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Experience Affects Foreclosure Specialist Salaries

Experienced
up arrow 11%
Mid-Career
up arrow 5%
National Average
$37,000
Entry-Level
up arrow 4%

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 36 votes.

Gender

Female
70%
female alumni
 
Male
30%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
56%
5-9 years
20%
10-19 years
20%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 76%
vision benefits Vision: 68% employee benefits None: 16%
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