Managing Partner Salary at Root Mortgage BETA

How much does a Root Mortgage Managing Partner make?

As of April 2025, the average annual salary for a Managing Partner at Root Mortgage is $148,417, which translates to approximately $71 per hour. Salaries for Managing Partner at Root Mortgage typically range from $119,724 to $175,295, 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.

Root Mortgage Overview

Website:
rootmortgage.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Root Mortgage was founded in 2014 to fill a void. The growing amount of technology in the market had outpaced traditional mortgage lenders. We were determined to start fresh; to adapt to the market changes and wield new technology for good. We honed in on a mission focused around you as an individual (not just an application), structured our service to be personalized, streamlined our process , and hired a team of experts dedicated to educating and serving our clients at a high level, while upholding our stellar reputation .

See similar companies related to Root Mortgage

What Skills Does a person Need at Root Mortgage?

At Root Mortgage, 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. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  2. 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.
  3. Team Management: The ability of an individual or an organization to administer and coordinate a group of individuals to perform a task. Team management involves teamwork, communication, objective setting and performance appraisals.
  4. Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  5. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

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Check more jobs information at Root Mortgage

Job Title Average Root Mortgage Salary Hourly Rate
2 Receptionist $33,637 $16
3 Administrative Specialist $55,010 $26
4 Loan Partner $36,209 $17
5 Mortgage Advisor $42,084 $20
6 Operations Analyst $62,014 $30
7 Loan Processor $39,636 $19
8 Closing Manager $74,475 $36

Hourly Pay at Root Mortgage

The average hourly pay at Root Mortgage for a Managing Partner is $71 per hour. The location, department, and job description all have an impact on the typical compensation for Root Mortgage positions. The pay range and total remuneration for the job title are shown in the table below. Root Mortgage may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $148,417 look to you?

FAQ about Salary and Jobs at Root Mortgage

1. How much does Root Mortgage pay per hour?
The average hourly pay is $71. 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 Root Mortgage?
According to the data, the highest approximate salary is about $175,295 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 Root Mortgage?
According to the data, the lowest estimated salary is about $119,724 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.