Mortgage Processing Manager

October 30, 2016

Mortgage Processing Manager Job Description

Financial Managers, Branch or Department Direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department. Loan Officers Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Mortgage Processing Manager Salary Statistics as of 2015

Average annual salary for a Mortgage Processing Manager is $55909 based on statistics in the U.S. as of 2015. The highest salary recorded was $82068. The lowest salary reported was $38203. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Mortgage Processing Manager is $27.8 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $40.81. The lowest hourly rate recorded was $19. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Mortgage Processing Manager are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $0 from people with 15+ years of experience. The average bonus recorded was $3041 from people with under 1 year of experience.

These are the highest paying states for a Mortgage Processing Manager. These numbers are based of the median annual salary as of 2015.
California – n/a
Florida – $44,911 – $68,400
Illinois – n/a
Missouri – $29,822 – $79,463
North Carolina – $53,466 – $65,627
Pennsylvania – n/a
Texas – $39,740 – $71,216

These are the highest paying cities for a Mortgage Processing Manager. These numbers are based of the median annual salary as of 2015.
Charlotte, North Carolina –
Osage Beach, Missouri –
St. Louis, Missouri –
Dallas, Texas –
Chicago, Illinois –
Richardson, Texas –
Jacksonville, Florida –

This chart outlines the average annual salary of a Mortgage Processing Manager from the past 5 years. In 2015 the average annual salary was $55909 while in 2007 it was just $51849.03

Job Outlook

Gender Statistics

Related Jobs

42%

58%

Based on our stats gathered across the U.S. 42% of Mortgage Processing Managers were males while 58% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Mortgage Loan Processor
$23,966 – $49,104
Loan Processor
$21,883 – $46,610
Loan Underwriter, Mortgage
$34,720 – $76,408

Future Jobs

Senior Mortgage Loan Processor
$30,676 – $57,276
Loan Underwriter, Mortgage
$34,720 – $76,408