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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.

Residential Mortgage Officer II Salaries by Percentile
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
25% $27 10% $23 90% $42 75% $37 $32 50%(Median) Didn’t find job title? Click
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Job Description

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)

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Job Openings for Residential Mortgage Officer II
  • Company Background. FirstKey Mortgage, LLC ("FKM") is one of the world’s leading private label securitization and asset management firms. We are a boutique...
    - Just Posted
  • UWM is looking for self-starters for our Mortgage Operations teams. You’ll help make sure loan documents are handled quickly, correctly and on time. What Y...
    - 6 Months Ago
  • At United Wholesale Mortgage, success has no limit — especially among our Account Executives. This hardworking team is one of the biggest forces behind our...
    - 0 Months Ago
  • At United Wholesale Mortgage, success has no limit — especially among our Account Executives. This hardworking team is one of the biggest forces behind our...
    - 6 Months Ago
  • Overview. About Spring EQ. Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a nati...
    - 9 Days Ago
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Understand the total hourly compensation opportunity for a Residential Mortgage Officer II, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
27
37
32

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
32
45
38
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Residential Mortgage Officer II in the United States. The average hourly rate for Residential Mortgage Officer II ranges from $27 to $37 with the average hourly pay of $32. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $32 to $45 with the average total hourly cash compensation of $38.
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27
37

 

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