Mortgage Loan Officer III Salary in San Jose, California
Mortgage Loan Officer III Salary in San Jose, CA
How much does a Mortgage Loan Officer III make in San Jose, CA? The average Mortgage Loan Officer III salary in San Jose, CA is $119,914 as of April 24, 2024, but the range typically falls between $100,368 and $140,675. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Mortgage Loan Officer III Salary | $82,571 | San Jose,CA | April 24, 2024 |
| 25th Percentile Mortgage Loan Officer III Salary | $100,368 | San Jose,CA | April 24, 2024 |
| 50th Percentile Mortgage Loan Officer III Salary | $119,914 | San Jose,CA | April 24, 2024 |
| 75th Percentile Mortgage Loan Officer III Salary | $140,675 | San Jose,CA | April 24, 2024 |
| 90th Percentile Mortgage Loan Officer III Salary | $159,578 | San Jose,CA | April 24, 2024 |
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What skills does a Mortgage Loan Officer III need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
Job Description for Mortgage Loan Officer III
Mortgage Loan Officer III solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Being a Mortgage Loan Officer III assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Loan Officer III typically reports to a manager or head of a unit/department. The Mortgage Loan Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Mortgage Loan Officer III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Zillow - Irvine, CAAbout the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...- 2 Days Ago
Career Path for Mortgage Loan Officer III
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Mortgage Loan Officer III, the first career path typically starts with a Mortgage Lending Assistant Manager position, and then progresses to Mortgage Lending Branch Manager.
Additionally, the second career path typically progresses to Secondary Market Manager.
What does a Mortgage Loan Officer III do?
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Mortgage Loan Officer III Pay Difference by Location
Mortgage Loan Officer III salary varies from city to city. Compared with national average salary of Mortgage Loan Officer III, the highest Mortgage Loan Officer III salary is in San Francisco, CA, where the Mortgage Loan Officer III salary is 25.0% above. The lowest Mortgage Loan Officer III salary is in Miami, FL, where the Mortgage Loan Officer III salary is 3.5% lower than national average salary.
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About San Jose, California
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| Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
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Level of Education for Mortgage Loan Officer III
Jobs with different levels of education may pay very differently. Check the Mortgage Loan Officer III salary of your education level.
- Mortgage Loan Officer III Salaries with No Diploma
- Mortgage Loan Officer III Salaries with a High School Diploma or Technical Certificate
- Mortgage Loan Officer III Salaries with an Associate's Degree
- Mortgage Loan Officer III Salaries with a Bachelor's Degree
- Mortgage Loan Officer III Salaries with a Master's Degree or MBA
- Mortgage Loan Officer III Salaries with a JD, MD, PhD or Equivalent
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About San Jose, California San Jose is located at 37°20′07″N 121°53′31″W / 37.335278°N 121.891944°W / 37.335278; -121.891944. According to the United States Census Bureau, th....More
San Jose, California area prices were up 2.9% from a year ago View the Cost of Living in San Jose, California
Mortgage Loan Officer III Salary in popular cities: Los Angeles, San Diego, San Francisco
Skills associated with Mortgage Loan Officer III: New Business Development, Loan Origination, Loan Software, Lending Regulatory Compliance
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