How much does a Loan Processing Manager make in Richland, WA? The average Loan Processing Manager salary in Richland, WA is $105,839 as of February 26, 2024, but the range typically falls between $90,670 and $120,706. 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. 

Loan Processing Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Processing Manager Salary $76,860 Richland,WA February 26, 2024
25th Percentile Loan Processing Manager Salary $90,670 Richland,WA February 26, 2024
50th Percentile Loan Processing Manager Salary $105,839 Richland,WA February 26, 2024
75th Percentile Loan Processing Manager Salary $120,706 Richland,WA February 26, 2024
90th Percentile Loan Processing Manager Salary $134,241 Richland,WA February 26, 2024
25% $90,670 10% $76,860 90% $134,241 75% $120,706 $105,839 50%(Median) Didn’t find job title? Click
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What skills does a Loan Processing Manager need?

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.

1.

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.

2.

Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.

3.

Service Quality: Service quality is a measure of how an organization delivers its services compared to the expectations of its customers.

Customer Service 7.14%
Mortgage Lending 1.59%
Service Quality 1.19%
Others 90.08%

Job Description for Loan Processing Manager

Loan Processing Manager manages the loan processing operations team that originates, processes, and closes various types of loans. Establishes processes and procedures to maintain accuracy and completeness of required documentation. Being a Loan Processing Manager develops and sets operating performance metrics and standards for speed, quality, and customer service. Oversees the preparation of reporting for internal departments and external agencies. Additionally, Loan Processing Manager coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. Typically requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. The Loan Processing Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Loan Processing Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Processing Manager in Richland, WA
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Loan Processing Manager salary varies from city to city. Compared with national average salary of Loan Processing Manager, the highest Loan Processing Manager salary is in San Francisco, CA, where the Loan Processing Manager salary is 25.0% above. The lowest Loan Processing Manager salary is in Miami, FL, where the Loan Processing Manager salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Loan Processing Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
90670
120706
105839

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
98893
139732
118683
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Processing Manager in Richland, WA. The base salary for Loan Processing Manager ranges from $90,670 to $120,706 with the average base salary of $105,839. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $98,893 to $139,732 with the average total cash compensation of $118,683.
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90670
120706

 

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About Richland, Washington    Richland (/ˈrɪtʃlənd/) is a city in Benton County in the southeastern part of the State of Washington, at the confluence of the Yakima and the Columbi....More

Richland, Washington  area prices were up 2.9% from a year ago    View the Cost of Living in Richland, Washington

Loan Processing Manager Salary in popular cities: SeattleSpokaneTacoma

Skills associated with Loan Processing Manager: Compliance Monitoring, Regulatory Reporting, Loan Processing, Performance Metrics ...More

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