A Mortgage Processing Manager earns an average salary of $53,746 per year. A skill in Mortgage Loans is associated with high pay for this job.
Mortgage Processing Manager Total Pay (?
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.
)
$36,101 - $76,192
(Median)
36K
45K
54K
65K
76K
MEDIAN: $53,746
10%
25%
50%
75%
90%
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Mortgage Processing Manager Total Pay (?
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.
)
$10.14 - $28.82
(Median)
10
18
20
23
29
MEDIAN: $20
10%
25%
50%
75%
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$27K$54K$81K
Salary
$36,101 - $76,192  
   
Bonus
$0.00 - $12,521  
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).
)
$37,385 - $79,843  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 202
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$14$28$42
Hourly Rate
$10.14 - $28.82  
   
Overtime
$17.50 - $38.00  
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$28K$56K$84K
Bonus
$0.00 - $12,521  
   
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).
)
$37,385 - $79,843  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 202
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Job Description for Mortgage Processing Manager
  • Hire, train, evaluate, and discipline lending staff.
  • Develop and implement strategies to improve loan department efficiency and meet sales targets.
  • Supervise lenders processing loan applications, managework flow, and ensure compliance with regulations.
  • Generate new business through sales outreach.
Pay by Experience Level for Mortgage Processing Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Mortgage Processing Manager Salaries

Experienced
up arrow 8%
Late-Career
up arrow 7%
Mid-Career
0%
National Average
$56,000
Entry-Level
up arrow 18%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 31 votes.
Gender
Female
77%
female alumni
 
Male
23%
male alumni
Years of Experience
Less than 1 year
0%
1-4 years
20%
5-9 years
23%
10-19 years
37%
20 years or more
19%
Common Health Benefits
medical benefits Medical: 81% dental benefits Dental: 75%
vision benefits Vision: 57% employee benefits None: 15%
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