How much does a Mortgage Lending Development Manager make in Florham Park, NJ? The average Mortgage Lending Development Manager salary in Florham Park, NJ is $131,390 as of May 28, 2024, but the range typically falls between $105,690 and $165,090. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Mortgage Lending Development Manager Salary | $82,291 | Florham Park,NJ | May 28, 2024 |
25th Percentile Mortgage Lending Development Manager Salary | $105,690 | Florham Park,NJ | May 28, 2024 |
50th Percentile Mortgage Lending Development Manager Salary | $131,390 | Florham Park,NJ | May 28, 2024 |
75th Percentile Mortgage Lending Development Manager Salary | $165,090 | Florham Park,NJ | May 28, 2024 |
90th Percentile Mortgage Lending Development Manager Salary | $195,772 | Florham Park,NJ | May 28, 2024 |
The Mortgage Lending Development Manager ensures that application processing follows state, federal, and organizational policies and guidelines and that customers have accurate loan information and guidance about product options. Manages a team of mortgage lending specialists in developing customer relationships, promoting mortgage loan products, and attaining volume and profit goals. Being a Mortgage Lending Development Manager coaches team members to promote a sales culture, improve selling techniques, and meet goals. Conducts team training on company products and services. In addition, Mortgage Lending Development Manager monitors trends and developments in the real estate markets and changes to private and government-insured mortgages. Maintains relationships with a network of realtors, attorneys, CPAs, and other contacts to obtain referrals and facilitate the lending process. May require a bachelor's degree. Typically reports to a head of a unit/department. The Mortgage Lending Development Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Mortgage Lending Development Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
3 - 5 years experience
Bachelor's Degree
5 + years experience
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
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About Florham Park, New Jersey Florham Park is a borough in Morris County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 11,696, refle....More
Florham Park, New Jersey area prices were up 1.6% from a year ago View the Cost of Living in Florham Park, New Jersey
Mortgage Lending Development Manager Salary in popular cities: Newark, Jersey City, Paterson
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