How much does a Mortgage Collector II make in New York, NY? The average Mortgage Collector II salary in New York, NY is $58,683 as of February 26, 2024, but the range typically falls between $50,570 and $65,578. 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 Collector II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Collector II Salary $43,184 New York,NY February 26, 2024
25th Percentile Mortgage Collector II Salary $50,570 New York,NY February 26, 2024
50th Percentile Mortgage Collector II Salary $58,683 New York,NY February 26, 2024
75th Percentile Mortgage Collector II Salary $65,578 New York,NY February 26, 2024
90th Percentile Mortgage Collector II Salary $71,854 New York,NY February 26, 2024
25% $50,570 10% $43,184 90% $71,854 75% $65,578 $58,683 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Collector II 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.

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.

Customer Service 0.05%
Life insurance 0.01%
Futures 0.01%
Others 99.93%

Job Description for 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. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Collector II in New York, NY

Career Path for Mortgage Collector II

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

The second career path typically starts with a Consumer Loan Collection/Recovery Rep. III position, and then progresses to Consumer Loan Collection/Recovery Supervisor.

The third career path typically progresses to Loan Collection Clerk III.

Additionally, the fourth career path typically starts with a Mortgage Collector III position, and then progresses to Mortgage Collection Supervisor I.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Mortgage Collector II salary varies from city to city. Compared with national average salary of Mortgage Collector II, the highest Mortgage Collector II salary is in San Francisco, CA, where the Mortgage Collector II salary is 25.0% above. The lowest Mortgage Collector II salary is in Miami, FL, where the Mortgage Collector II 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 Collector II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
50570
65578
58683

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54017
68769
60563
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Collector II in New York, NY. The base salary for Mortgage Collector II ranges from $50,570 to $65,578 with the average base salary of $58,683. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,017 to $68,769 with the average total cash compensation of $60,563.
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50570
65578

 

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About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago    View the Cost of Living in New York, New York

Mortgage Collector II Salary in popular cities: BuffaloRochesterYonkers

Skills associated with Mortgage Collector II: Negotiation, Outbound Collection Calling, Credit and Collections Software, Issue Resolution

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