The average pay for a Vice President (VP), Mortgage Lending is $80,573 per year. Most people in this job have more than five years' experience in related jobs. The highest paying skills associated with this job are Risk Management / Risk Control and Loan Underwriting.
Vice President (VP), Mortgage Lending 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.
)
$47,622 - $135,474
(Median)
48K
61K
81K
100K
140K
MEDIAN: $80,573
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$60K$120K$180K
Salary
$47,622 - $135,474  
   
Bonus
$1,163 - $30,410  
Profit Sharing
$1,000 - $14,243  
Commission
$-0.50 - $69,531  
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).
)
$55,093 - $151,569  
PayScale
Country: United States | Currency: USD | Updated: 19 Apr 2014 | Individuals Reporting: 189
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Job Description for Vice President (VP), Mortgage Lending
  • Oversee loan department processes to ensure all procedures and regulations are followed.
  • Manage the operations of the loan department, including sales, reviewing applications, and closing loans.
  • Work with senior management to develop strategic plans to develop and improve lending operations.
  • Examine department service, processes, and products to make sure they meet customer needs.
Related Job Salaries

Experience Affects Vice President (VP), Mortgage Lending Salaries

Experienced
up arrow 1%
National Average
$91,000
Mid-Career
up arrow 8%

Skills That Affect Vice President (VP), Mortgage Lending Salaries

Risk Management / Risk Control
up arrow 37%
Loan Underwriting
up arrow 18%
National Average
$91,000
Operations Management
up arrow 5%
Mortgage Loans
up arrow 15%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 41 votes.
Gender
Female
47%
female alumni
 
Male
53%
male alumni
Years of Experience
1-4 years
3%
5-9 years
14%
10-19 years
42%
20 years or more
42%
Common Health Benefits
medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 60% employee benefits None: 11%
Find Out Exactly What You Should Be Paid
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