Velocity Home Loans Salary
How Much Does Velocity Home Loans Pay?BETA
As of December 2024, the average annual salary for employees at Velocity Home Loans in the United States is $81,399. This translates to an approximate hourly wage of $39. Salaries at Velocity Home Loans typically range from $71,393 to $92,235 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Velocity Home Loans, A Director, Operations is among the highest earners, with an average salary of approximately $142,826 per year. Conversely, the lowest-paid position is Credit Representative, earning around $29,969 annually. Explore this page further for more salary and benefits information at Velocity Home Loans.
How Much Does Velocity Home Loans Pay for Different Roles?BETA
At Velocity Home Loans, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.
It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Director, Operations positions at Velocity Home Loans offer the highest average annual salary of $142,826, while Credit Representative roles have an average annual salary of $29,969.
| JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
|---|---|---|---|
| Director, Operations | $136,336 - $148,247 | $142,826 | Velocity Home Loans |
| Office Manager | $55,489 - $71,105 | $63,139 | Velocity Home Loans |
| Loan Officer | $42,430 - $56,209 | $48,708 | Velocity Home Loans |
| Credit Representative | $26,763 - $32,654 | $29,969 | Velocity Home Loans |
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Velocity Home Loans Overview
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Job Openings at Velocity Home Loans
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FAQs About Velocity Home Loans Company
1. How much does Velocity Home Loans in the United States pay?
Velocity Home Loans pays its employees an average of $81,399 per year. The average salary at Velocity Home Loans range from $71,393 to $92,235 per year. Director, Operations jobs at Velocity Home Loans earn the most with an average annual salary of $142,826, while Credit Representative jobs earn the least with an average annual salary of $29,969.
2. Do Velocity Home Loans employees get a higher salary than other similar companies?
The salary at Velocity Home Loans is lesser than Instream Partners LLC. The highest salary package reported for an employee at Velocity Home Loans is $92,235 per year, meanwhile the highest salary package reported for an employee at Instream Partners LLC is $124,183 per year.
3. How much does Velocity Home Loans pay compared to Instream Partners LLC?
The average annual salary at Velocity Home Loans is $81,399, or an hourly wage of $39, in comparison to Instream Partners LLC which pays $109,594 per year or $53 per hour.
4. Which job skills can boost a Loan Officer salary at Velocity Home Loans?
Financial services, Mortgage Loans and Underwriting are key to a Loan Officer job at Velocity Home Loans. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Velocity Home Loans.
5. What is the lowest salary at Velocity Home Loans?
The lowest paying job at Velocity Home Loans is Credit Representative with an annual salary of $29,969 or an hourly rate of $39.