As of December 01, 2024, the average annual pay of Loan Processing Manager in Salem, MA is $116,345. While Salary.com is seeing that Loan Processing Manager salary in Salem, MA can go up to $143,976 or down to $79,370, but most earn between $96,991 and $130,808. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Processing Manager in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,898 | $9,741 | $2,248 | $56 |
| Average | $103,972 | $8,664 | $1,999 | $50 |
| 25th Percentile | $86,676 | $7,223 | $1,667 | $42 |
An entry-level Loan Processing Manager with under 1 year experience makes about $108,551. With less than 2 years of experience, a mid-level Loan Processing Manager makes around $109,413. After 2-4 years, the Loan Processing Manager pay rises to about $112,286. Those senior Loan Processing Manager with 5-8 years of experience earn roughly $115,734, and those Loan Processing Manager having 8 years or more experience are expected to earn about $119,385 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Processing Manager | $108,551 |
| Intermediate Level Loan Processing Manager | $109,413 |
| Senior Level Loan Processing Manager | $112,286 |
| Specialist Level Loan Processing Manager | $115,734 |
| Expert Level Loan Processing Manager | $119,385 |
| Entry Level | 4% |
| Mid Level | 5% |
| Senior Level | 8% |
| Top Level | 11% |
| Experienced | 15% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Loan Processing Manager information for you to search for. Click on search button below to see Loan Processing Manager 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.
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.
Service Quality: Service quality is a measure of how an organization delivers its services compared to the expectations of its customers.
| Skill | Salary | Demand |
|---|---|---|
|
Alignment
|
$132,633 |
14%
|
|
Process Management
|
$131,470 |
13%
|
|
Negotiating
|
$130,306 |
12%
|
|
Collaboration
|
$129,143 |
11%
|
|
Team Management
|
$126,816 |
9%
|
|
Innovation
|
$126,816 |
9%
|
