How much does a Residential Mortgage Officer II make hourly in the United States? The average hourly wage for a Residential Mortgage Officer II in the United States is $32 as of April 24, 2024, but the range typically falls between $27 and $37. 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 II Salary | $23 | US | April 24, 2024 |
25th Percentile Residential Mortgage Officer II Salary | $27 | US | April 24, 2024 |
50th Percentile Residential Mortgage Officer II Salary | $32 | US | April 24, 2024 |
75th Percentile Residential Mortgage Officer II Salary | $37 | US | April 24, 2024 |
90th Percentile Residential Mortgage Officer II Salary | $42 | US | April 24, 2024 |
The Residential Mortgage Officer II 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 II requires a bachelor's degree. Assists buyers in the purchase process through closing. In addition, Residential Mortgage Officer II typically reports to a manager or head of a unit/department. Being a Residential Mortgage Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Residential Mortgage Officer II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Real Estate Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Consumer Loan Officer II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Loan Review Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Take just three simple steps below to generate your own personalized salary report
Core compensation
Includes base and short-term incentives
View the Cost of Living in Major Cities
Recently searched related titles: Loan Closing Analyst, Home Loan Advisor, Loan Closing Officer
Jobs with a similar salary range to Residential Mortgage Officer II : Senior Mortgage Processor, Residential Mortgage Loan Originator, Mortgage Originator, Loan Officer, Mortgage Broker, Mortgage Loan Assistant
Salary estimation for Residential Mortgage Officer II at companies like : Pigeon Falls Health Care Center, Center For Racial Justice And Equality, Metropolitan Electric Mfg Co
Jobs with a similar salary range to Residential Mortgage Officer II : Escrow Processor, Mortgage Loan Originator Assistant, Mortgage Loan Servicer