Loan Officer Salary at Oswego Mortgage Corp BETA

How much does an Oswego Mortgage Corp Loan Officer make?

As of April 2025, the average annual salary for a Loan Officer at Oswego Mortgage Corp is $54,830, which translates to approximately $26 per hour. Salaries for Loan Officer at Oswego Mortgage Corp typically range from $47,773 to $63,284, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Oswego Mortgage Corp Overview

Website:
oswegomortgage.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Oswego Mortgage is not your average mortgage company. When you come in our office you will not find fancy suites and shiny cufflinks, rather you will be greeted by our enthusiastic team members that will soon become your friends. Our experienced professional team is made up of Oregonians just like you, allowing us to relate with our clients/friends in ways that larger mortgage companies simply can't. Whether you are first time buyers purchasing their first home or a seasoned investor just wanting a better interest rate we believe the loan process should be a smooth, positive experience rather than a nightmarish chore. It is our personal approach to the loan process and the experience of our team that sets us apart from the rest. Ethical business practices and the commitment to help our neighbors and community have been the foundation to Oswego Mortgage since founded by Thomas R. Fitkin in 1996. It was never Tom's focus to be the biggest mortgage company out there, rather to be one that stands out as the best. All of our professional team members live and raise there families right here in Oregon and share the passion for meeting and helping others just like you everyday. Our team enjoys each others company away from the office as much as we do on a daily basis. It's camaraderie, innovative thinking and over 50 years combined experience that allows us to provide our clients/friends with the highest level service possible.

See similar companies related to Oswego Mortgage Corp

What Skills Does a person Need at Oswego Mortgage Corp?

At Oswego Mortgage Corp, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

  1. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  2. Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  3. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  4. Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.
  5. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Related Jobs

D.R. Horton, Inc.
Lake Oswego , OR

*D.R. Horton, Inc., the largest homebuilder in the U.S.*, was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries. Please visit our website atwww.drhorton.comfor more information. D.R. Horton, Inc. is currently looking for a*_Mortgage Loan Originator_*for their Financial Services Branch. The right candidate will promote and provide business development, origination of loans, relationship management with customers and clients. *Essential Duties and Responsibilities* * Interview mortgage applicants to understand and educate them on their financing options available. Understand the loan applicants goals in order to advise and review potential loan programs that would best suit their needs and stated goal


Sponsored
4/6/2025 12:00:00 AM
Sunflower Bank NA
Vancouver , WA

Guardian Mortgage, a division of Sunflower Bank, N.A. is looking for a motivated individual to fill the full-time position of Mortgage Loan Originator! Individuals will be required to develop leads and originate mortgage loans through branches, realtors, and builders, and respond to referrals from branch personnel and others. Additionally, candidates should have an understanding of the mortgage regulations and processes as well as other bank products and services in order to deepen relationships with customers. Applicants must be able to effectively communicate both verbally and written, exercise independent judgment and comprehend complex instructions, technical and financial materials and forms related to assigned duties. Washington minimum wage plus commission/incentive pay. Details of the commission/incentive plan will be presented at time of offer. Develop, lead and originate mortgage loans through branches, realtors and builders. Interview mortgage loan applicants. Take loan appl


Sponsored
4/6/2025 12:00:00 AM
KeyBank
Clackamas , OR

Location: 12550 SE 82nd Avenue - Clackamas, Oregon 97015 Job Summary The Mortgage Loan Officer (MLO) assists clients with the origination of residential mortgage loans, including providing analysis and advice to current and prospective clients on home lending solutions that meet their needs and financial objectives. The MLO is expected to develop referrals as a means to grow Key's home lending business and client base. The MLO is expected to meet or exceed established sales goals while maintaining high standards of client satisfaction and loan quality. Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations. This can include developing internal referral relationships as well as developing external centers of influence to refer home lending opportunity Originate and process 1-4 family residential real estate mortgage transactions in accordance with Home Lending process and product guidelines Responsible fo


Sponsored
4/5/2025 12:00:00 AM
Willamette Valley Bank
Salem , OR

Job Details Job Location Salem - Salem, OR Description Position Summary: The Loan Officer is responsible for discussing clients needs, recommending the best loan products, helping customers put together a complete loan package and working with the underwriting team throughout the loan process. Key Responsibilities and Accountabilities: Develop and maintain knowledge of loan products, policies, procedures and underwriting requirements. Collect and analyze customers financial and credit information to determine mortgage financing options. Completes a quality loan application using Encompass, securing a locked interest rate as quoted to the client, ensuring the borrower qualifies for the loan program, collecting all supporting documentation, and handling any problems that arise during processing that may jeopardize the loan approval. Deliver an extraordinary client experience by listening first and staying in complete and honest communication with clients both verbally and through written


Sponsored
4/4/2025 12:00:00 AM
First Technology Federal Credit Union
Hillsboro , OR

Description The Senior Commercial Portfolio Analyst manages an existing commercial loan portfolio by effectively liaising with internal and external business partners. Here's what you can expect from the job and what you need to be successful: Job Duties Analyze existing complex business and commercial loans and evaluate ongoing performance levels, and ensure compliance to specific performance requirements due to repair, replacement reserve, violations, etc., Complete financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis Partner with borrowers, lenders, legal counsel, commercial loan officers, and servicing regarding commercial real estate finance and loan administration Request, collect, and review quarterly and annual review documentation Create and present relevant loan portfolio reports as required, and provide insights and strategic business recommendations Oversee and maintain compliance monitoring database that tracks credit approval requir


Sponsored
4/4/2025 12:00:00 AM
Lions Capital Mortgage Inc
Lake Oswego , OR

Job Description Job Description Are you a dedicated and empathetic individual with a military background looking for a meaningful career in the mortgage industry? Do you have a passion for helping fellow veterans achieve their dreams of homeownership? If so, we invite you to join our team as a Military Veteran Mortgage Loan Officer. Job Description: As a Military Veteran Mortgage Loan Officer at Lions Capital Mortgage, Inc. you will play a vital role in serving the VA community by providing expert guidance and support to veterans and their families throughout the homebuying process. Our company is committed to honesty, integrity, and making the American dream of homeownership a reality for those who have served our nation. Company Description Lions Capital Mortgage, Inc. Locally owned, operated and trusted within the local community. Our mission is to provide our clients with a strong and secure financial foundation for their homes. Just as a lion is the king of the jungle, we strive t


Sponsored
4/3/2025 12:00:00 AM
Hilltop Holdings
Lake Oswego , OR

Job Description Under the direction of the Lead/Primary Loan Originator, performs office or non-manual work directly related to the management or general business operations of PrimeLending and its customers and markets and promotes PrimeLending products and services to the teams client base of realtors, builders, bank officers and potential and past clients. In addition acts as a liaison between the Lead/Primary and/or other team loan originators, in-process customers and branch operations staff. Responsibilities Markets and promotes PrimeLending's financial products; Team Originators will not be subject to the minimum personal production standards for Loan Originators in order to qualify for a team relationship. Handles loan volume as directed by each team loan originator in a timely and efficient manner, while obtaining working knowledge of Company products as well as private and Government insured mortgage guidelines. Monitors overall customer interaction and interfaces with all pa


Sponsored
4/2/2025 12:00:00 AM
Conventus
Portland , Oregon Metropolitan Area

CONVENTUS MISSION AND VISION Conventus Holding Corporation was envisioned and created to reduce the number of economic intermediaries involved in the origination, funding and investment in the $25 billion real estate bridge loan market place. True to the Latin origin of the company’s name, “to bring together,” CHC existence and strength is anchored to a business model that removes unnecessary economic intermediates so that it can provide superior pricing and service to its clients. Our competitive edge in executing our mission is assembling, nurturing, and developing a collaborative group of talented individuals. To that end, diversity of experiences, perspectives, skills, and cultures is core to our mission and team. POSITION Full-Time, Hourly LOCATION: This is a remote position; however, you must be physically located in one of the following cities: Portland, OR, Phoenix, AZ, Seattle, WA, or Los Angeles, CA. As a Conventus Loan Officer, you will be at the core of our revenue generati


Sponsored
4/2/2025 12:00:00 AM

Check more jobs information at Oswego Mortgage Corp

Job Title Average Oswego Mortgage Corp Salary Hourly Rate
2 Loan Originator $37,140 $18
3 Loan Processor $38,774 $19
4 Processing Assistant $42,056 $20
5 Senior Loan Officer $79,171 $38
6 Director, Marketing $157,586 $76
7 Mortgage Loan Assistant $83,002 $40
8 Mortgage Loan Processor $37,140 $18

Hourly Pay at Oswego Mortgage Corp

The average hourly pay at Oswego Mortgage Corp for a Loan Officer is $26 per hour. The location, department, and job description all have an impact on the typical compensation for Oswego Mortgage Corp positions. The pay range and total remuneration for the job title are shown in the table below. Oswego Mortgage Corp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $54,830 look to you?

FAQ about Salary and Jobs at Oswego Mortgage Corp

1. How much does Oswego Mortgage Corp pay per hour?
The average hourly pay is $26. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Oswego Mortgage Corp?
According to the data, the highest approximate salary is about $63,284 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Oswego Mortgage Corp?
According to the data, the lowest estimated salary is about $47,773 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.