How much does a Mortgage Collection Manager make in Maine? The average Mortgage Collection Manager salary in Maine is $88,955 as of April 24, 2024, but the range typically falls between $72,938 and $103,092. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Mortgage Collection Manager Salary | $58,355 | ME | April 24, 2024 |
25th Percentile Mortgage Collection Manager Salary | $72,938 | ME | April 24, 2024 |
50th Percentile Mortgage Collection Manager Salary | $88,955 | ME | April 24, 2024 |
75th Percentile Mortgage Collection Manager Salary | $103,092 | ME | April 24, 2024 |
90th Percentile Mortgage Collection Manager Salary | $115,963 | ME | April 24, 2024 |
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 Support: Customer support is a range of customer services to assist customers in making cost effective and correct use of a product. It includes assistance in planning, installation, training, troubleshooting, maintenance, upgrading, and disposal of a product. Regarding technology products such as mobile phones, televisions, computers, software products or other electronic or mechanical goods, it is termed technical support. Customer support is considered as one of the main data channels for customer satisfaction research and a way to increase customer retention.
Loss Mitigation: Loss mitigation is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure. These new terms are typically obtained through loan modification, short sale negotiation, short refinance negotiation, deed in lieu of foreclosure, cash-for-keys negotiation, a partial claim loan, repayment plan, forbearance, or other loan work-out. All of the options serve the same purpose, to stabilize the risk of loss the lender (investor) is in danger of realizing../
Mortgage Collection Manager manages a team of collectors and supervisors who limit collection portfolio losses and delinquencies. Trains and staffs collection associate team. Being a Mortgage Collection Manager evaluates delinquent loans and determines foreclosure status. May assist in developing strategies to limit foreclosures, repossessions, etc. Requires a bachelor's degree. Additionally, Mortgage Collection Manager typically reports to a director. The Mortgage Collection 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 Mortgage Collection 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
See user submitted job responsibilities for Mortgage Collection Manager.
Salary.com job board provides millions of Mortgage Collection Manager information for you to search for. Click on search button below to see Mortgage Collection Manager job openings or enter a new job title here.
Location | Avg. Salary | Date Updated |
---|---|---|
Location Saco, ME | Avg. Salary $90,235 | Date Updated April 24, 2024 |
Location Windham, ME | Avg. Salary $90,326 | Date Updated April 24, 2024 |
Location Abbot, ME | Avg. Salary $86,669 | Date Updated April 24, 2024 |
Location Acton, ME | Avg. Salary $92,520 | Date Updated April 24, 2024 |
Location Addison, ME | Avg. Salary $86,669 | Date Updated April 24, 2024 |
Location Albion, ME | Avg. Salary $86,669 | Date Updated April 24, 2024 |
Location Alfred, ME | Avg. Salary $92,063 | Date Updated April 24, 2024 |
Location Alna, ME | Avg. Salary $89,503 | Date Updated April 24, 2024 |
Location Andover, ME | Avg. Salary $89,503 | Date Updated April 24, 2024 |
Location Anson, ME | Avg. Salary $86,669 | Date Updated April 24, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Mortgage Collection Manager, the first career path typically progresses to Consumer Loan Collection Manager.
Additionally, the second career path typically progresses to Consumer Loan Collection/Recovery Manager.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Consumer Loan Collection Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Collection Supervisor I | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Collection Supervisor II | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Lending Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Mortgage Collection Manager salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Mortgage Collection Manager salary varies from category to category. Click below to see Mortgage Collection Manager salary in different categories.
About Maine To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is ....More
Skills associated with Mortgage Collection Manager: Credit and Collections Software, Loan Collections , Staff Training, Banking Software
Salary estimation for Mortgage Collection Manager at companies like : C/O Zionsville Town Council, ESG Engineering, City Nilu LLC