Hourly Wage for Residential Mortgage Officer I Salary in the United States
Hourly Wage for Residential Mortgage Officer I Salary
How much does a Residential Mortgage Officer I make hourly in the United States? The average hourly wage for a Residential Mortgage Officer I in the United States is $24 as of March 26, 2024, but the range typically falls between $20 and $28. Hourly rate 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 | Hourly Pay Rate | Location | Last Updated |
| 10th Percentile Residential Mortgage Officer I Salary | $17 | US | March 26, 2024 |
| 25th Percentile Residential Mortgage Officer I Salary | $20 | US | March 26, 2024 |
| 50th Percentile Residential Mortgage Officer I Salary | $24 | US | March 26, 2024 |
| 75th Percentile Residential Mortgage Officer I Salary | $28 | US | March 26, 2024 |
| 90th Percentile Residential Mortgage Officer I Salary | $31 | US | March 26, 2024 |
Bilingual Loan Processor (On-Site)
CrossCountry Mortgage, LLC. - Amherst, OH
Primary Residential Mortgage - Cincinnati, OH
CrossCountry Mortgage, LLC. - Cleveland, OH
Jr. Construction Loan Processor (On-Site)
CrossCountry Mortgage, LLC. - Cleveland, OH
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Job Description
The Residential Mortgage Officer I interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Solicits and services a variety of residential mortgage loans. Being a Residential Mortgage Officer I requires a bachelor's degree. Assists buyers in the purchase process through closing. In addition, Residential Mortgage Officer I typically reports to a manager or head of a unit/department. Being a Residential Mortgage Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. Working as a Residential Mortgage Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
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This Job:
Residential Mortgage Officer I
0 - 2 years experience
Bachelor's Degree -
Up a level:
Officer, Experienced - Mortgage Loans
2 - 4 years experience
Bachelor's Degree
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Level of Education
- Residential Mortgage Officer I Salaries with No Diploma
- Residential Mortgage Officer I Salaries with a High School Diploma or Technical Certificate
- Residential Mortgage Officer I Salaries with an Associate's Degree
- Residential Mortgage Officer I Salaries with a Bachelor's Degree
- Residential Mortgage Officer I Salaries with a Master's Degree or MBA
- Residential Mortgage Officer I Salaries with a JD, MD, PhD or Equivalent
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