How much does a Loan Review Manager make in Milford, DE? The average Loan Review Manager salary in Milford, DE is $135,110 as of February 26, 2024, but the range typically falls between $116,473 and $158,168. 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 Review Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Review Manager Salary $99,505 Milford,DE February 26, 2024
25th Percentile Loan Review Manager Salary $116,473 Milford,DE February 26, 2024
50th Percentile Loan Review Manager Salary $135,110 Milford,DE February 26, 2024
75th Percentile Loan Review Manager Salary $158,168 Milford,DE February 26, 2024
90th Percentile Loan Review Manager Salary $179,161 Milford,DE February 26, 2024
25% $116,473 10% $99,505 90% $179,161 75% $158,168 $135,110 50%(Median) Didn’t find job title? Click
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What skills does a Loan Review 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.

Consulting: Providing technical or business expertise and advice to internal or external clients.

2.

Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.

3.

Business Development: Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.

Consulting 13.8%
Loan Origination 2.15%
Business Development 1.53%
Others 82.52%

Job Description for Loan Review Manager

Loan Review Manager directs and manages a team of loan review associates to ensure loans are in compliance with bank lending policies and risk guidelines. Provides guidance and input on highly complex, high value reviews. Being a Loan Review Manager may require a bachelor's degree. Typically reports to top management. The Loan Review Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Review Manager typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Review Manager in Milford, DE
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 Review Manager salary varies from city to city. Compared with national average salary of Loan Review Manager, the highest Loan Review Manager salary is in San Francisco, CA, where the Loan Review Manager salary is 25.0% above. The lowest Loan Review Manager salary is in Miami, FL, where the Loan Review 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 Review Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
116473
158168
135110

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
119048
176035
137453
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Review Manager in Milford, DE. The base salary for Loan Review Manager ranges from $116,473 to $158,168 with the average base salary of $135,110. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $119,048 to $176,035 with the average total cash compensation of $137,453.
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116473
158168

 

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About Milford, Delaware    Milford is a city in Kent and Sussex counties in the U.S. state of Delaware. According to the 2010 census, the population of the city is 9,559. The Ke....More

Milford, Delaware  area prices were up 1.0% from a year ago    View the Cost of Living in Milford, Delaware

Loan Review Manager Salary in popular cities: WilmingtonDoverNewark

Skills associated with Loan Review Manager: Portfolio Stress Test, Lending Regulatory Compliance, Risk Analysis, Loan Review ...More

Salary estimation for Loan Review Manager at companies like : Debra Reinhard, The Authority Development Company LLC, MAITC Council