upper level job

How much does a Residential Mortgage Officer I make in Algodones, NM? The average Residential Mortgage Officer I salary in Algodones, NM is $45,700 as of May 28, 2024, but the range typically falls between $38,930 and $53,530. 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.

Residential Mortgage Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Residential Mortgage Officer I Salary $32,766 Algodones,NM May 28, 2024
25th Percentile Residential Mortgage Officer I Salary $38,930 Algodones,NM May 28, 2024
50th Percentile Residential Mortgage Officer I Salary $45,700 Algodones,NM May 28, 2024
75th Percentile Residential Mortgage Officer I Salary $53,530 Algodones,NM May 28, 2024
90th Percentile Residential Mortgage Officer I Salary $60,659 Algodones,NM May 28, 2024
25% $38,930 10% $32,766 90% $60,659 75% $53,530 $45,700 50%(Median) Didn’t find job title? Click
Change Search Criteria
download asset banner
Download Our Latest Whitepapers as Your Business Guide
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

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)

Employers: Job Description Management Tool

Job Openings for Residential Mortgage Officer I in Algodones, NM
  • Join Morty as a mortgage loan officer in New Mexico. Leverage our innovative mortgage technology, extensive lender marketplace, extremely competitive mortg...
    - 3 Days Ago
  • Job Description. Job Description. At Motto Mortgage you will be the driving force in growing your business by acquiring and retaining new and existing clie...
    - 5 Days Ago
  • Job Description. Job Description. Join Morty as a mortgage loan officer in New Mexico. Leverage our innovative mortgage technology, extensive lender market...
    - 3 Days Ago

Career Path for this job

  1. This Job:

    Residential Mortgage Officer I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Officer, Experienced - Mortgage Loans

    2 - 4 years experience
    Bachelor's Degree

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Residential Mortgage Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
38930
53530
45700

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44210
71140
55710
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Residential Mortgage Officer I in Algodones, NM. The base salary for Residential Mortgage Officer I ranges from $38,930 to $53,530 with the average base salary of $45,700. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,210 to $71,140 with the average total cash compensation of $55,710.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

38930
53530

 

Step 3 of 3

How much should you be paid?

About Algodones, New Mexico    Algodones is a census-designated place (CDP) in Sandoval County, New Mexico, United States. The population was 814 at the 2010 census. It is part of t....More

Algodones, New Mexico  area prices were up 2.5% from a year ago    View the Cost of Living in Algodones, New Mexico

Residential Mortgage Officer I Salary in popular cities: AlbuquerqueLas CrucesRio Rancho

Recently searched related titles: Loan Officer Trainee, Home Equity Specialist, Junior Mortgage Consultant

Jobs with a similar salary range to Residential Mortgage Officer I : Home Equity Processor, Private Mortgage Banker, Mortgage Advisor, Mortgage Loan Officer, Mortgage Loan Originator

Salary estimation for Residential Mortgage Officer I at companies like : Office of David Mason Eichman, K & O Holdings Inc, Wasco Union Elementary School District

Jobs with a similar salary range to Residential Mortgage Officer I : Personal Manager, Athlete Manager