Vice President, Mortgage Lending Salary at Quontic Bank BETA

How much does a Quontic Bank Vice President, Mortgage Lending make?

As of December 2024, the average annual salary for a Vice President, Mortgage Lending at Quontic Bank is $289,995, which translates to approximately $139 per hour. Salaries for Vice President, Mortgage Lending at Quontic Bank typically range from $219,562 to $353,787, 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.

Quontic Bank Overview

Website:
quontic.com
Size:
200 - 500 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Quontic Bank provides personal and business banking services. It offers checking accounts, such as personal checking, interest checking, regular personal money market, premium money market, small business checking, business money market checking, IOLA (lawyer) money market checking, master escrow, and community-related checking accounts; and regular statement savings, passbook statement savings, junior statement savings, certificates of deposit, IRA certificate of deposit, business savings, and attorney escrow savings accounts. The company also offers home mortgage loan products, including financing for primary residences, second or vacation homes, and investment properties; conventional, jumbo, and super-jumbo loans; condo and coop specialists; purchase and refinance loans; government/FHA loans; and fixed or adjustable-rate mortgages. In addition, it offers commercial and multi-family mortgages. Quontic Bank was founded in 2005 and is based in Astoria, New York.

See similar companies related to Quontic Bank

What Skills Does a person Need at Quontic Bank?

At Quontic Bank, 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. 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)".
  2. Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
  3. Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.
  4. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
  5. Loan Underwriting: Underwriting is the process by which the lender decides whether an applicant is creditworthy and should receive a loan. is a crucial aspect of the loan process a home loan, business loan, car loan, or personal loan.

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Check more jobs information at Quontic Bank

Job Title Average Quontic Bank Salary Hourly Rate
2 Account Executive & Assistant $70,635 $34
3 Administrative Assistant & Processor $59,083 $28
4 BSA Compliance Analyst $63,408 $30
5 Customer Service Representative $42,617 $20
6 Customer Support Associate $48,265 $23
7 Finance Assistant $67,757 $33
8 Information Security Consultant $142,615 $69
9 Lead $200,154 $96
10 Lending Specialist $60,999 $29
11 Loan Administrator $46,762 $22
12 Manager $124,124 $60
13 Manager, Capital Markets $149,300 $72

Hourly Pay at Quontic Bank

The average hourly pay at Quontic Bank for a Vice President, Mortgage Lending is $139 per hour. The location, department, and job description all have an impact on the typical compensation for Quontic Bank positions. The pay range and total remuneration for the job title are shown in the table below. Quontic Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $289,995 look to you?

FAQ about Salary and Jobs at Quontic Bank

1. How much does Quontic Bank pay per hour?
The average hourly pay is $139. 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 Quontic Bank?
According to the data, the highest approximate salary is about $353,787 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 Quontic Bank?
According to the data, the lowest estimated salary is about $219,562 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.