How much does a Mortgage Collection Supervisor I make in Boston, MA? The average Mortgage Collection Supervisor I salary in Boston, MA is $61,546 as of February 26, 2024, but the range typically falls between $57,574 and $76,754. 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. 

Mortgage Collection Supervisor I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Collection Supervisor I Salary $53,958 Boston,MA February 26, 2024
25th Percentile Mortgage Collection Supervisor I Salary $57,574 Boston,MA February 26, 2024
50th Percentile Mortgage Collection Supervisor I Salary $61,546 Boston,MA February 26, 2024
75th Percentile Mortgage Collection Supervisor I Salary $76,754 Boston,MA February 26, 2024
90th Percentile Mortgage Collection Supervisor I Salary $90,601 Boston,MA February 26, 2024
25% $57,574 10% $53,958 90% $90,601 75% $76,754 $61,546 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Collection Supervisor I 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.

Budgeting: Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.

2.

Continuous Improvement: A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once. Delivery (customer valued) processes are constantly evaluated and improved in the light of their efficiency, effectiveness and flexibility. Some see CIPs as a meta-process for most management systems (such as business process management, quality management, project management, and program management). W. Edwards Deming, a pioneer of the field, saw it as part of the 'system' whereby feedback from the process and customer were evaluated against organisational goals. The fact that it can be called a management process does not mean that it needs to be executed by 'management'; but rather merely that it makes decisions about the implementation of the delivery process and the design of the delivery process itself.

3.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Budgeting 11.11%
Continuous Improvement 11.11%
Microsoft Office 11.11%
Others 66.67%

Job Description for Mortgage Collection Supervisor I

Mortgage Collection Supervisor I supervises a team of collectors who limit collection portfolio losses and delinquencies. Maintains documentation on past-due accounts. Being a Mortgage Collection Supervisor I monitors collections activities for compliance with policies and procedures. Provides reports to management with recommendations for improvement and referrals for complex accounts. Additionally, Mortgage Collection Supervisor I may require a bachelor's degree or its equivalent. Typically reports to a manager or head of a unit/department. The Mortgage Collection Supervisor I supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. To be a Mortgage Collection Supervisor I typically requires 3 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Mortgage Collection Supervisor I information for you to search for. Click on search button below to see Mortgage Collection Supervisor I job openings or enter a new job title here.

Job Openings for Mortgage Collection Supervisor I in Boston, MA

Career Path for Mortgage Collection Supervisor I

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 Supervisor I, the first career path typically starts with a Consumer Loan Collection Supervisor II position, and then Consumer Loan Collection Manager.

The second career path typically progresses to Consumer Loan Collection/Recovery Manager.

Additionally, the third career path typically starts with a Mortgage Collection Supervisor II position, and then progresses to Mortgage Collection Manager.

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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Mortgage Collection Supervisor I salary varies from city to city. Compared with national average salary of Mortgage Collection Supervisor I, the highest Mortgage Collection Supervisor I salary is in San Francisco, CA, where the Mortgage Collection Supervisor I salary is 25.0% above. The lowest Mortgage Collection Supervisor I salary is in Miami, FL, where the Mortgage Collection Supervisor I 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%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Collection Supervisor I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
57574
76754
61546

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
60678
78412
66241
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Collection Supervisor I in Boston, MA. The base salary for Mortgage Collection Supervisor I ranges from $57,574 to $76,754 with the average base salary of $61,546. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $60,678 to $78,412 with the average total cash compensation of $66,241.
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Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

57574
76754

 

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How much should you be paid?

About Boston, Massachusetts    Boston has an area of 89.63 square miles (232.1 km2)—48.4 square miles (125.4 km2) (54%) of land and 41.2 square miles (106.7 km2) (46%) of water. The....More

Boston, Massachusetts  area prices were up 2.5% from a year ago    View the Cost of Living in Boston, Massachusetts

Mortgage Collection Supervisor I Salary in popular cities: WorcesterSpringfieldLowell

Skills associated with Mortgage Collection Supervisor I: Loan Collections , Banking Software, Credit and Collections Software

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