Vice President (VP), Mortgage Lending Salary (United States)

The average pay for a Vice President (VP), Mortgage Lending is $81,363 per year. Most people in this job have more than five years' experience in related jobs. A skill in Loan Underwriting is associated with high pay for this job.
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.
)
$48,263 - $130,365
(Median)
48K
61K
81K
100K
130K
MEDIAN: $81,362
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
$48,263 - $130,365  
   
Bonus
$1,200 - $30,252  
Profit Sharing
$750 - $14,523  
Commission
$0.00 - $150,000  
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).
)
$54,978 - $150,298  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 165
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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.

Vice President (VP), Mortgage Lending Job Listings

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Related Job Salaries

Experience Affects Vice President (VP), Mortgage Lending Salaries

Late-Career
up arrow 7%
Experienced
0%
National Average
$93,000
Mid-Career
up arrow 10%

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

Loan Underwriting
up arrow 14%
National Average
$93,000
Operations Management
up arrow 3%
Mortgage Loans
up arrow 28%

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 39 votes.

Gender

Female
42%
female alumni
 
Male
58%
male alumni

Years of Experience

1-4 years
3%
5-9 years
10%
10-19 years
42%
20 years or more
45%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 61% employee benefits None: 10%
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