Foreclosure Tracking and Processing Coordinator Salary in the United States

FAQ about Foreclosure Tracking and Processing Coordinator

1. What industry pays the highest salary for Foreclosure Tracking and Processing Coordinator?

The Financial Services industry offers the highest average compensation for Foreclosure Tracking and Processing Coordinator roles, with salaries approximately 60% above the market median.

2. What does a processing coordinator do?

A Foreclosure Tracking and Processing Coordinator is responsible for managing the documentation and processes related to foreclosures. This includes tracking properties, coordinating with various stakeholders, and ensuring compliance with legal requirements. The salary for this role typically ranges from $41,400 to $59,000, with a midpoint of $49,300.

3. How much does a mortgage coordinator make?

A Foreclosure Tracking and Processing Coordinator typically earns between $41,400 and $59,000 annually, with a median salary of around $49,300. Salaries can vary based on location and experience, with some cities offering higher pay. For example, in San Jose, CA, the average salary is approximately $53,258 per year.

4. How much do real estate transaction coordinators make per transaction?

Real estate transaction coordinators typically earn between $41,400 and $59,000 annually, with a mid-salary of $49,300. They often charge around $350 to $600 per transaction, and experienced coordinators may charge up to $800 for dual agent transactions. Agents hiring coordinators usually close 11 or fewer deals per year.

5. Do you need a degree to be a transaction coordinator?

A degree is not always necessary to become a transaction coordinator, but it can enhance organizational skills that are valuable in the role. The salary for a Foreclosure Tracking and Processing Coordinator typically ranges from $41,400 to $59,000, with a median salary of $49,300, reflecting the importance of skills and experience in this field.

6. How much does a loan closing coordinator make?

A Foreclosure Tracking and Processing Coordinator typically earns between $41,400 and $59,000 annually, with a median salary of around $49,300. Salaries can vary based on location and experience, with some cities offering higher compensation for similar roles.

7. How much do processing coordinators make?

Processing coordinators typically earn between $41,400 and $59,000 annually, with a median salary of around $49,300. Salaries can vary significantly by state, with California averaging $58,562, Utah at $53,564, Nebraska at $55,202, and Texas at $56,075, among others.