As of March 01, 2025, the average annual salary for a Mortgage Collector III in the United States is $57,715. Salary.com reports that pay typically ranges from $49,017 to $74,746, with most professionals earning between $41,097 and $90,251.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $74,746 | $6,229 | $1,437 | $36 |
| Average | $57,715 | $4,810 | $1,110 | $28 |
| 25th Percentile | $49,017 | $4,085 | $943 | $24 |
An entry-level Mortgage Collector III with less than 1 year of experience earns about $53,247. With 1-2 years of experience, the average salary increases to $53,890. For 2-4 years of experience, the pay typically rises to $55,560. Senior-level professionals with 5-8 years of experience earn around $58,862, and those with over 8 years of experience can expect an average of $64,644.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Collector III | $53,247 |
| Intermediate Level Mortgage Collector III | $53,890 |
| Senior Level Mortgage Collector III | $55,560 |
| Specialist Level Mortgage Collector III | $58,862 |
| Expert Level Mortgage Collector III | $64,644 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 12% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Mortgage Collector III compensation over the past six years. For example, the median salary increased from $48,790 in 2023 to approximately $48,264 in 2024. (For a detailed analysis of Mortgage Collector III salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Mortgage Collector III information for you to search for. Click on search button below to see Mortgage Collector III job openings or enter a new job title here.
Here are companies hiring for Mortgage Collector III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $57,715 | 67.9% | ||
| Bonus | $2,609 | 3.1% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,615 | 5.4% | ||
| 401K/403B | $2,835 | 3.3% | ||
| Disability | $483 | 0.6% | ||
| Healthcare | $6,056 | 7.1% | ||
| Pension | $3,318 | 3.9% | ||
| Time Off | $7,425 | 8.7% | ||
| Total Compensation | $85,055 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 65.0% |
| Associates | 5.0% |
| Bachelors | 30.0% |
What Am I Worth?
The average annual salary of Mortgage Collector III is $57,715. In case you are finding an easy salary calculator, the average hourly pay of Mortgage Collector III is $28; the average weekly pay of Mortgage Collector III is $1,110; the average monthly pay of Mortgage Collector III is $4,810.
A Mortgage Collector III'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 III earns the most in San Jose, CA, where the annual salary of a Mortgage Collector III is $72,432.
The highest pay for Mortgage Collector III is $90,251.
The lowest pay for Mortgage Collector III is $41,097.
Mortgage Collector III contacts clients to remedy delinquency or non-payments. Determines appropriate collection alternatives to settle shortfalls. Being a Mortgage Collector III negotiates any contract changes. Documents all collection activities and delinquent accounts in compliance with policies and procedures. Additionally, Mortgage Collector III requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Mortgage Collector III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Mortgage Collector III typically requires 3-5 years of related experience.
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.
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.
Bankruptcy: Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
