$65,527
Avg. Salary
$22.20
Avg. Hourly Rate

Average additional compensation:

$5,950

Bonus

$1,950

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Loan Operations Manager with Mortgage Loans skills is $22.20 per hour.

The average pay for a Loan Operations Manager with Mortgage Loans skills is $65,527 per year.

$21.25
10%
$22.20
50%
$25.66
90%
MEDIAN $22.20
$47k
10%
$66k
50%
$106k
90%
MEDIAN $65,527
$46,654 - $105,761
$47K
$66K
$110K
MEDIAN: $65,527
10%
50%
90%

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$21.25 - $25.66
$22
MEDIAN: $22.20
50%

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$0$105K
Salary $46,654 - $105,761
Bonus $398 - $11,878
Profit Sharing $1,950
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).
)
$46,223 - $101,350
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 35
Hourly Data $0$25
Hourly Rate $22.20
Annual Data $0$101K
Bonus $398 - $11,878
Profit Sharing $1,950
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).
)
$46,223 - $101,350
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 9

Job Description for Loan Operations Manager

Loan operations managers work primarily for financial institutions, such as banks, credit unions, and mortgage lending companies, to manage loan operations and consumer and/or business loan support staff. They must ensure that document preparation and loan processing are completed in a timely manner, and they may also oversee post-closing and customer service and train staff within a department.

Read More...
Loan Operations Manager Tasks
  • Develop and implement strategies to improve loan department efficiency and meet sales targets.
  • Supervise lenders processing loan applications, manage work flow, and ensure compliance with regulations.
  • Generate new business through sales outreach.
  • Hire, train, evaluate, and discipline lending staff.

Loan Operations Manager Job Listings

Key Stats for Loan Operations Manager

Gender

Female
90 %
Male
10 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
1-4 years
11%
5-9 years
16%
10-19 years
41%
20 years or more
32%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

1-4 years
11%
5-9 years
16%
10-19 years
41%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 80%
vision benefits
Vision: 63%
no benefits
None: 15%