Vice President of Mortgage Credit Salary in the United States

How much does a Vice President of Mortgage Credit make hourly in the United States? The average hourly wage for a Vice President of Mortgage Credit in the United States is $59 as of September 26, 2019, but the range typically falls between $55 and $75. 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.  View the Cost of Living in Major Cities

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Salary estimation for Vice President of Mortgage Credit at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Job Description

The Vice President of Mortgage Credit plans and directs all aspects of mortgage credit policies, objectives, initiatives. Manages and leads the mortgage credit underwriting function for a central processing unit. Being a Vice President of Mortgage Credit requires a bachelor's degree. Develops department strategies and ensures goals are met. In addition, Vice President of Mortgage Credit typically reports to top management. The Vice President of Mortgage Credit manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Vice President of Mortgage Credit typically requires 5+ years of managerial experience. (Copyright 2019 Salary.com)

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Average Hourly Wage

Core compensation

 
 
 
55
75
59

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
57
104
65
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Vice President of Mortgage Credit in the United States. The average hourly rate for Vice President of Mortgage Credit ranges from $55 to $75 with the average hourly pay of $59. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $57 to $104 with the average total hourly cash compensation of $65.
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55
75

 

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Job Openings for Vice President of Mortgage Credit