Regional Manager Salary at Preferred Rate BETA

How much does a Preferred Rate Regional Manager make?

As of April 2025, the average annual salary for a Regional Manager at Preferred Rate is $119,013, which translates to approximately $57 per hour. Salaries for Regional Manager at Preferred Rate typically range from $103,024 to $136,989, 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.

Preferred Rate Overview

Website:
preferredrate.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

As a company, we embrace the concept of ownership with enthusiasm and optimism for the future of housing in America. As individuals, every employee at Preferred Rate takes personal ownership in creating experiences that matter for our customers and clients. Every transaction represents a family, a home, and a life decision - we understand and appreciate that our participation is a privilege and our job is to delight everyone involved at every point of the process so that their experience matters. Contact us for more information on the home loan options available to you, and for the answers to any question you have about buying your dream home. © 2020 Preferred Rate - Partnered with American Pacific Mortgage (NMLS# 1850) 1801 S. Meyers Rd., Suite 500 Oakbrook Terrace, IL 60181 Branch NMLS# #1958263 (949) 275-2729 For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity. For licensing information, please visit NMLSConsumerAccess.org

See similar companies related to Preferred Rate

What Skills Does a person Need at Preferred Rate?

At Preferred Rate, 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. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  2. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  3. 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.
  4. CRM: Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.
  5. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

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Check more jobs information at Preferred Rate

Job Title Average Preferred Rate Salary Hourly Rate
2 Mortgage Advisor $46,012 $22
3 Processing Manager $95,251 $46
4 Regional Sales Manager $119,013 $57
5 Sales Manager $124,629 $60
6 Funder $81,428 $39
7 Loan Assistant and Processor $39,589 $19
8 Loan Officer $61,281 $29
9 Loan Officer, Non-Exempt $61,281 $29
10 Manager, Production $113,978 $55
11 Processing Assistant $47,004 $23
12 Senior Account Manager $85,582 $41
13 Senior Business Manager $136,789 $66

Hourly Pay at Preferred Rate

The average hourly pay at Preferred Rate for a Regional Manager is $57 per hour. The location, department, and job description all have an impact on the typical compensation for Preferred Rate positions. The pay range and total remuneration for the job title are shown in the table below. Preferred Rate may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $119,013 look to you?

FAQ about Salary and Jobs at Preferred Rate

1. How much does Preferred Rate pay per hour?
The average hourly pay is $57. 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 Preferred Rate?
According to the data, the highest approximate salary is about $136,989 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 Preferred Rate?
According to the data, the lowest estimated salary is about $103,024 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.