Parkway Financial Llc Salary for Mortgage Loan Originator BETA

What is the average salary for a Mortgage Loan Originator at Parkway Financial Llc in the United States?
Based on our data, it appears that the optimal compensation range for a Mortgage Loan Originator at Parkway Financial Llc is between $34,374 and $45,903, with an average salary of $39,979. Salaries can vary widely depending on the region, the department and many other important factors such as the employee’s level of education, certifications and additional skills.

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.

Parkway Financial LLC Overview

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

At Parkway Financial, we understand that not every customer is the same and each customer has their own personal mortgage needs. Whether you are interested in refinancing your home, purchasing a new home, taking cash out or consolidating your debt, we have theexperience and knowledge to make it an easy, smooth and quick process. We pride ourselves on exceeding our customer's expectations in finding the best rates, service and programs for a home loan that is personalized for your specific mortgage needs. CALL TODAY for your personalized mortgage. Ask about our "?no closing cost" option.

See similar companies related to Parkway Financial Llc

What Skills Does a person Need at Parkway Financial Llc?

At Parkway Financial Llc, 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

TD Bank Group
Conshohocken , PA

Work Location: Conshohocken, Pennsylvania Hours: 20 Pay Details: $22.00 - $28.25 USD TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role. Line of Business: Personal & Commercial Banking Job Description: The Retail Banker I is a Customer liaison that is integral to del


Sponsored
6/16/2024 12:00:00 AM
Citizens
Warrington , PA

Description Starting Salary: $20 / hour and up Citizens Bankers are the face of the branch. They devote their time getting to know their customers and building lasting relationships by providing trusted advice. What you'll do Are you outgoing? Do you get satisfaction out of helping others and offering sound advice? If youre a people person who enjoys building positive relationships with customers, then this is the job for you! Using your strong communication and problem-solving skills along with your broad range of financial knowledge youll provide recommendations and assist customers with financial solutions, supporting spending, saving, borrowing and investing needs. Youll get to know customers personal financial goals and recommend tailored solutions to help achieve them like planning for the future, buying a home or opening a new credit card. Youll introduce customers to digital and mobile-first ways to handle banking transactions, like on our app or through our ATMs. Youll collabo


Sponsored
6/16/2024 12:00:00 AM
Citizens
Horsham , PA

Description Starting Salary: $20 / hour and up Citizens Bankers are the face of the branch. They devote their time getting to know their customers and building lasting relationships by providing trusted advice. What you'll do Are you outgoing? Do you get satisfaction out of helping others and offering sound advice? If youre a people person who enjoys building positive relationships with customers, then this is the job for you! Using your strong communication and problem-solving skills along with your broad range of financial knowledge youll provide recommendations and assist customers with financial solutions, supporting spending, saving, borrowing and investing needs. Youll get to know customers personal financial goals and recommend tailored solutions to help achieve them like planning for the future, buying a home or opening a new credit card. Youll introduce customers to digital and mobile-first ways to handle banking transactions, like on our app or through our ATMs. Youll collabo


Sponsored
6/16/2024 12:00:00 AM
TD Bank Group
Willow Grove , PA

Work Location: Willow Grove, Pennsylvania Hours: 40 Pay Details: $23.25 - $32.75 USD TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role. Line of Business: Personal & Commercial Banking Job Description: The Retail Banker II Float is a Customer liaison that is integral


Sponsored
6/15/2024 12:00:00 AM
Lakeview Loan Servicing
Horsham , PA

Overview: The Mortgage Loan Originator is responsible for driving sales through outbound calling and borrower solicitation efforts to potential residential loan customers. Responsibilities: ESSENTIAL DUTIES AND RESPONSIBILITIES Conduct outbound and inbound mortgage sales calls. Solicit residential mortgage loans from a captive portfolio of refinance candidates. Process residential loan applications according to established company and regulatory guidelines. Send, receive and review application and disclosure packages from borrowers. Produce a management determined volume of captive refinance business. Utilize systems for maintaining product knowledge, register loans accurately and pipeline management Understand and articulate financial calculations and current rate/pricing. Use excellent follow-up skills to ensure targeted conversion rates are met Partner with operations teams to ensure the seamless transfer of file. Monitor and update customer relationship management database Other du


Sponsored
6/14/2024 12:00:00 AM
TD Bank Group
Flemington , NJ

Work Location: Flemington, New Jersey Hours: 40 Pay Details: $25.50 - $36.00 USD TD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role. Line of Business: Personal & Commercial Banking Job Description: The Store Supervisor supervises day-to-day team activities to ensure


Sponsored
6/13/2024 12:00:00 AM
Penn Community Bank
Doylestown , PA

Overview: As a member of the Retail Banking team the Relationship Banker provides guidance on banking products and services. The Relationship Banker also will interface with other business lines in order to refer when customer needs are assessed and uncovered. The Relationship Banker must possess high energy and cultivate meaningful relationships with new and existing customers, using trust, respect, integrity and transparency to deepen these relationships. The Relationship Banker provides value for the customer and for the bank by assisting clients on the teller line as well as platform. The Relationship Banker is responsible for individual contributions to the branchs goals, collaborating with managers and team members on sales strategy, as well as participating in community affairs and activities to develop business effectively. Responsibilities: The following is a list of essential functions, which may be subject to change at any time and without advance notice. Management may assi


Sponsored
6/12/2024 12:00:00 AM
New American Funding
Lansdale , PA

Overview: Position: Loan Officer Assistant (Bilingual spanish a plus) Location: Lansdale, PA Pay: up to 52K + Bonuses + benefits. Position Summary: The Loan Officer Assistant (LOA) works directly with and supports the loan origination staff (loan officers, sales managers etc.). By working collaboratively with the loan origination staff and processing team, a successful LOA has current product knowledge of loan programs and will be able to communicate loan requirements with customers, processors and loan officers. Responsibilities: Communicates with the customer (borrower), real estate agents and escrows at the start of the transaction Collects customer documentation necessary to complete the loan transaction, such as income documentation, asset statements and initial disclosures documents. Assists loan originators with preapprovals and loan structuring. Assists loan originators with loan pricing options/support and managing lock expiration dates. Updates all parties with status of loan


Sponsored
6/12/2024 12:00:00 AM

Check more jobs information at Parkway Financial Llc

Job Title Average Parkway Financial Llc Salary Hourly Rate
2 Mortgage Consultant $110,704 $53
3 Loan Officer $53,246 $26
4 Mortgage Loan Officer $39,979 $19
5 Clerical Assistant $34,580 $17

Hourly Pay at Parkway Financial Llc

The average hourly pay at Parkway Financial Llc for a Mortgage Loan Originator is $19 per hour. The location, department, and job description all have an impact on the typical compensation for Parkway Financial Llc positions. The pay range and total remuneration for the job title are shown in the table below. Parkway Financial Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $39,979 look to you?

FAQ about Salary and Jobs at Parkway Financial Llc

1. How much does Parkway Financial Llc pay per hour?
The average hourly pay is $19. 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 Parkway Financial Llc?
According to the data, the highest approximate salary is about $45,903 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 Parkway Financial Llc?
According to the data, the lowest estimated salary is about $34,374 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.