How much does a Loan Processing Supervisor make?

As of December 01, 2024, the average annual pay of Loan Processing Supervisor in Biddeford, ME is $66,017. While Salary.com is seeing that Loan Processing Supervisor salary in Biddeford, ME can go up to $79,877 or down to $49,826, but most earn between $57,542 and $73,272. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Processing Supervisor in the United States.

Loan Processing Supervisor Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $74,464 $6,205 $1,432 $36
Average $67,091 $5,591 $1,290 $32
25th Percentile $58,478 $4,873 $1,125 $28

Average Salary

25% $57,542 10% $49,826 90% $79,877 75% $73,272 $66,017 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Loan Processing Supervisor $62,539
Intermediate Level Loan Processing Supervisor $62,916
Senior Level Loan Processing Supervisor $64,175
Specialist Level Loan Processing Supervisor $65,685
Expert Level Loan Processing Supervisor $67,516
$62,539 0 yr
$62,916 < 2 yrs
$64,175 2-4 yrs
$65,685 5-8 yrs
$67,516 > 8 yrs
Last Updated on December 01, 2024
Entry Level 7%
Mid Level 6%
Senior Level 4%
Top Level 2%
Experienced 1%
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Last Updated on December 01, 2024

Job Openings of Loan Processing Supervisor

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Cost of Living In Biddeford, ME

Cost of Living in Biddeford , ME is
19.3% 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 Loan Processing Supervisor

What skills does a Loan Processing Supervisor 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.

Fintech: Integrating software technologies and applications to improve and automate the delivery and use of financial operations to consumers.

3.

Quality Control: Developing and implementing a set of procedures intended to maintain the quality of a product and reduce any risks or errors.

Customer Service 8.65%
Fintech 1.92%
Quality Control 1.92%
Others 87.51%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Loan Processing Supervisor 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 Team Building, you can get a 46% salary raise. If you are good at Loss Mitigation, your salary will increase by 22%. If you are expert in Mortgage Banking, your salary will rise by 21%.
Skill Salary Demand
Team Building
$96,386
46%
Loss Mitigation
$80,541
22%
Mortgage Banking
$79,881
21%
Mortgage Loans
$78,561
19%
Embracing Challenge
$78,561
19%
Client Relationship
$76,580
16%
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 Loan Processing Supervisor is $66,017 per year in Biddeford, ME, updated at December 01, 2024.
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