What is the highest and lowest pay for Foreclosure Manager?

As of December 01, 2024, the average annual pay of Foreclosure Manager in Suffolk, VA is $83,572. While Salary.com is seeing that the highest pay for Foreclosure Manager in Suffolk, VA can go up to $111,870 and the lowest down to $61,027, but most earn between $71,771 and $98,384. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Foreclosure Manager in the United States.

Foreclosure Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $104,553 $8,713 $2,011 $50
Average $88,812 $7,401 $1,708 $43
25th Percentile $76,271 $6,356 $1,467 $37

Average Salary

25% $71,771 10% $61,027 90% $111,870 75% $98,384 $83,572 50%(Median) Didn’t find job title? Click
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Salary.com provides you with accurate and diversified Foreclosure Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Foreclosure Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Foreclosure Manager $78,867
Intermediate Level Foreclosure Manager $79,394
Senior Level Foreclosure Manager $80,623
Specialist Level Foreclosure Manager $82,027
Expert Level Foreclosure Manager $84,797
$78,867 0 yr
$79,394 < 2 yrs
$80,623 2-4 yrs
$82,027 5-8 yrs
$84,797 > 8 yrs
Last Updated on December 01, 2024
Entry Level 11%
Mid Level 11%
Senior Level 9%
Top Level 8%
Experienced 5%
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Last Updated on December 01, 2024

Job Openings of Foreclosure Manager

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Cost of Living In Suffolk, VA

Cost of Living in Suffolk , VA is
5.1% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Foreclosure Manager

What skills does a Foreclosure 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.

Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

2.

Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".

3.

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.

Planning 4.84%
Mortgage Loans 3.23%
Mortgage Lending 1.61%
Others 90.32%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Foreclosure Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Mortgage Lending, you can get a 25% salary raise. If you are good at Interviewing, your salary will increase by 13%. If you are expert in Written Communication, your salary will rise by 13%.
Skill Salary Demand
Mortgage Lending
$104,465
25%
Interviewing
$94,436
13%
Written Communication
$94,436
13%
Motivating
$91,093
9%
Performance Review
$90,257
8%
Leadership
$88,586
6%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Foreclosure Manager is $83,572 per year in Suffolk, VA, updated at December 01, 2024.
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