As of March 01, 2025, the average annual salary for a Residential Mortgage Officer III in Salem, OR is $96,610. According to Salary.com, salaries can range from a low of $68,469 to a high of $126,929, with most professionals earning between $81,880 and $112,480.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $112,480 | $9,373 | $2,163 | $54 |
| Average | $96,610 | $8,051 | $1,858 | $46 |
| 25th Percentile | $81,880 | $6,823 | $1,575 | $39 |
An entry-level Residential Mortgage Officer III with under 1 year experience makes about $88,860. With less than 2 years of experience, a mid-level Residential Mortgage Officer III makes around $89,945. After 2-4 years, the Residential Mortgage Officer III pay rises to about $92,115. Those senior Residential Mortgage Officer III with 5-8 years of experience earn roughly $95,370, and those Residential Mortgage Officer III having 8 years or more experience are expected to earn about $101,214 on average.
| Levels | Salary |
|---|---|
| Entry Level Residential Mortgage Officer III | $88,860 |
| Intermediate Level Residential Mortgage Officer III | $89,945 |
| Senior Level Residential Mortgage Officer III | $92,115 |
| Specialist Level Residential Mortgage Officer III | $95,370 |
| Expert Level Residential Mortgage Officer III | $101,214 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 5% |
| Top Level | 1% |
| Experienced | 5% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Residential Mortgage Officer III information for you to search for. Click on search button below to see Residential Mortgage Officer III job openings or enter a new job title here.
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Logistics
|
$114,966 |
19%
|
|
Customer Engagement
|
$114,966 |
19%
|
|
Sales and Marketing
|
$109,169 |
13%
|
|
Services Marketing
|
$106,271 |
10%
|
|
Event Marketing
|
$105,305 |
9%
|
|
Negotiating
|
$105,305 |
9%
|
