How much does a Vice President of Mortgage Credit make in the United States? The average Vice President of Mortgage Credit salary in the United States is $123,110 as of August 27, 2019, but the range typically falls between $113,850 and $155,330. 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. View the Cost of Living in Major Cities
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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Includes base and annual incentives