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What is the highest and lowest pay for Mortgage Collector II?

As of December 01, 2024, the average annual pay of Mortgage Collector II in the United States is $50,940. While Salary.com is seeing that the highest pay for Mortgage Collector II in the US can go up to $62,374 and the lowest down to $37,488, but most earn between $43,899 and $56,925. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Collector II in the United States.

Mortgage Collector II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $56,925 $4,744 $1,095 $27
Average $50,940 $4,245 $980 $24
25th Percentile $43,899 $3,658 $844 $21

Average Salary

25% $43,899 10% $37,488 90% $62,374 75% $56,925 $50,940 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as a Mortgage Collector II?

As of December 01, 2024, the average hourly salary is $24 (range: $18 to $30); the average monthly salary is $4,245 (range: $3,124 to $5,198).

Click the switch button below to see weekly and yearly salary of a Mortgage Collector II.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Mortgage Collector II with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Mortgage Collector II with under 1 year experience makes about $48,421. With less than 2 years of experience, a mid-level Mortgage Collector II makes around $48,630. After 2-4 years, the Mortgage Collector II pay rises to about $51,168. Those senior Mortgage Collector II with 5-8 years of experience earn roughly $53,661, and those Mortgage Collector II having 8 years or more experience is expected to earn about $53,839 on average.

Levels Salary
Entry Level Mortgage Collector II $48,421
Intermediate Level Mortgage Collector II $48,630
Senior Level Mortgage Collector II $51,168
Specialist Level Mortgage Collector II $53,661
Expert Level Mortgage Collector II $53,839
$48,421 0 yr
$48,630 < 2 yrs
$51,168 2-4 yrs
$53,661 5-8 yrs
$53,839 > 8 yrs
Last Updated on December 01, 2024
Entry Level 5%
Mid Level 5%
Senior Level 0%
Top Level 5%
Experienced 6%
View as graph
Last Updated on December 01, 2024

How much does salary of Mortgage Collector II vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Mortgage Collector II in San Francisco, CA is $63,675 and in New York, NY, the average annual salary goes to $59,498. While a Mortgage Collector II earns $57,104 per year in Boston, MA.

What is the salary trend of Mortgage Collector II?

For those exploring the changing dynamics of Mortgage Collector II salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Mortgage Collector II compensation over the past six years. For instance, the median salary has moved from $43,846 in 2023 to about $43,213 in 2024 (for a comprehensive analysis of Mortgage Collector II salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Mortgage Collector II Over Time

2020
$???
2021
$???
2022
$???
$43,846
2023
$43,213
2024
$42,813
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$43,846
2024
$43,213
2025
$42,813
2026
$???
Last Updated on December 01, 2024

Mortgage Collector II Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $43,846
2024 $43,213
2025 $42,813
2026 View More
Last Updated on December 01, 2024

Job Openings of Mortgage Collector II

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

Most Common Benefits for Mortgage Collector II

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.0%
Bonuses 2.2%
Social Security 5.4%
401k/403b 3.3%
Disability 0.6%
Healthcare 8.1%
Pension 3.9%
Time Off 8.6%
Core Compensation
Core Compensation Median % of Total
Base Salary $50,940 68.0%
Bonus $1,630 2.2%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,022 5.4%
401K/403B $2,471 3.3%
Disability $421 0.6%
Healthcare $6,056 8.1%
Pension $2,891 3.9%
Time Off $6,470 8.6%
Total Compensation $74,900 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

What are the salaries of a Mortgage Collector II with different levels of education?

Salaries for Mortgage Collector II with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Mortgage Collector II with a High School Diploma or Technical Certificate is $47,269 - $51,168. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Mortgage Collector II Salaries by Degree Level

Last Updated on December 01, 2024
Typical Education for Mortgage Collector II
Degree Level % of user with this level of education
High School 25.0%
Associates 18.8%
Bachelors 56.3%
Typical Education for Mortgage Collector II
High School 25.0%
Associates 18.8%
Bachelors 56.3%
view as table

Mortgage Collector II Salaries by Degree Level

Last Updated on December 01, 2024

What Am I Worth?

FAQ about Mortgage Collector II

1. What is the average salary of a Mortgage Collector II?

The average annual salary of Mortgage Collector II is $50,940. In case you are finding an easy salary calculator, the average hourly pay of Mortgage Collector II is $24; the average weekly pay of Mortgage Collector II is $980; the average monthly pay of Mortgage Collector II is $4,245.

2. Where can a Mortgage Collector II earn the most?

A Mortgage Collector II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Mortgage Collector II earns the most in San Jose, CA, where the annual salary of a Mortgage Collector II is $63,930.

3. What is the highest pay for Mortgage Collector II?

The highest pay for Mortgage Collector II is $62,374.

4. What is the lowest pay for Mortgage Collector II?

The lowest pay for Mortgage Collector II is $37,488.

5. What are the responsibilities of Mortgage Collector II?

Mortgage Collector II contacts clients to remedy delinquency or non-payments. Determines appropriate collection alternatives to settle shortfalls. Being a Mortgage Collector II negotiates any changes to contracts. Documents all collection, delinquent and foreclosure activities in compliance with policies and procedures. Additionally, Mortgage Collector II requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Mortgage Collector II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Mortgage Collector II typically requires 1-3 years of related experience.

6. What are the skills of Mortgage Collector II

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.)

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.)

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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 Mortgage Collector II is $50,940 per year in the United States, updated at December 01, 2024.
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