Mortgage Processing Manager Salary (United States)

A Mortgage Processing Manager earns an average salary of $55,159 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. A skill in Loan Processing 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.
)
$36,857 - $78,737
(Median)
37K
45K
55K
67K
79K
MEDIAN: $55,159
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.
)
$15.32 - $28.38
(Median)
15
18
28
MEDIAN: $20
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$28K$56K$84K
Salary
$36,857 - $78,737  
   
Bonus
$0.00 - $12,017  
Commission
$3,250 - $12,502  
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).
)
$38,269 - $81,574  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 197
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
$15.32 - $28.38  
   
Overtime
$20.00 - $36.25  
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 - $12,017  
   
Commission
$3,250 - $12,502  
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).
)
$38,269 - $81,574  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 197
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Location:
United States (change)
Years in Field/Career:

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.

Mortgage Processing Manager Job Listings

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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 9%
National Average
$57,000
Mid-Career
up arrow 1%
Late-Career
up arrow 2%
Entry-Level
up arrow 20%

Skills That Affect Mortgage Processing Manager Salaries

Loan Processing
up arrow 18%
Mortgage Loans
up arrow 9%
National Average
$57,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 32 votes.

Gender

Female
77%
female alumni
 
Male
23%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
23%
10-19 years
40%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 78%
vision benefits Vision: 59% employee benefits None: 14%
Find Out Exactly What You Should Be Paid
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