How much does a Mortgage Lending Manager make in Washington? The average Mortgage Lending Manager salary in Washington is $126,363 as of August 27, 2024, but the range typically falls between $101,686 and $158,815. 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.

Mortgage Lending Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Lending Manager Salary $79,218 WA August 27, 2024
25th Percentile Mortgage Lending Manager Salary $101,686 WA August 27, 2024
50th Percentile Mortgage Lending Manager Salary $126,363 WA August 27, 2024
75th Percentile Mortgage Lending Manager Salary $158,815 WA August 27, 2024
90th Percentile Mortgage Lending Manager Salary $188,361 WA August 27, 2024
25% $101,686 10% $79,218 90% $188,361 75% $158,815 $126,363 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Mortgage Lending Manager 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.

Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.

2.

Scrum: Using an agile process for managing the lifecycle development of software products.

3.

Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

Initiative 8.26%
Scrum 2.48%
Underwriting 1.65%
Others 87.61%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Mortgage Lending Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Mortgage Lending, you can get a 3% salary raise. If you are good at Initiative, your salary will increase by 3%. If you are expert in Problem Solving, your salary will rise by 2%.
Skill Salary Demand
Mortgage Lending
$130,154
3%
Initiative
$130,154
3%
Problem Solving
$128,890
2%
Leadership
$127,626
1%
Financial Services
$127,626
1%
Financial Services
$127,626
1%
Last Updated on August 27, 2024
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Job Description for Mortgage Lending Manager

Mortgage Lending Manager manages a team of mortgage lending specialists in developing customer relationships, promoting mortgage loan products, and attaining volume and profit goals. Ensures that application processing follows state, federal, and organizational policies and guidelines and that customers have accurate loan information and guidance about product options. Being a Mortgage Lending Manager conducts team training on company products and services. Coaches team members to promote a sales culture, improve selling techniques, and meet goals. Additionally, Mortgage Lending Manager monitors trends and developments in the real estate markets and changes to private and government-insured mortgages. Maintains relationships with a network of realtors, attorneys, CPAs, and other contacts to obtain referrals and facilitate the lending process. May require a bachelor's degree. Typically reports to a head of a unit/department. The Mortgage Lending 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 Lending 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

Employers: Job Description Management Tool

See user submitted job responsibilities for Mortgage Lending Manager.

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

Job Openings for Mortgage Lending Manager in Washington
  • Job Description. Remitly's vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly deliver...
    - 2 Days Ago
  • We are working to deliver a legendary mobile experience. If your experience is less than optimal, please visit us on a desktop or laptop. Mortgage Sales Ma...
    - 2 Days Ago
  • Mortgage Branch Manager - Producing. Job Category****:** Sales **Requisition Number****:** MORTG02071 Showing 1 location **Job Details. Description. Respon...
    - 2 Days Ago
  • About Columbia Credit Union. Columbia CU is a full-service financial institution with $2.3 billion in assets, over 100k members and we pride ourselves in o...
    - 5 Days Ago
  • About Us. Kitsap Credit Union. is a not-for-profit, member-owned financial cooperative with more than 300 employees and 16 branches throughout Western Wash...
    - 1 Day Ago

Select a city to view specific salary and bonus information for Mortgage Lending Manager

Loading results...
Location Avg. Salary Date Updated
Location Aberdeen, WA Avg. Salary $122,143 Date Updated August 27, 2024
Location Acme, WA Avg. Salary $120,267 Date Updated August 27, 2024
Location Addy, WA Avg. Salary $118,626 Date Updated August 27, 2024
Location Adna, WA Avg. Salary $122,143 Date Updated August 27, 2024
Location Airway Heights, WA Avg. Salary $119,564 Date Updated August 27, 2024
Location Albion, WA Avg. Salary $118,626 Date Updated August 27, 2024
Location Allyn, WA Avg. Salary $126,480 Date Updated August 27, 2024
Location Almira, WA Avg. Salary $118,626 Date Updated August 27, 2024
Location Amanda Park, WA Avg. Salary $122,143 Date Updated August 27, 2024
Location Amboy, WA Avg. Salary $120,971 Date Updated August 27, 2024

Career Path for Mortgage Lending Manager

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 Lending Manager, the upper level is Mortgage Loan Area Manager and then progresses to Top Mortgage Executive.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Mortgage Lending Manager

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Mortgage Lending Manager Salary in Washington
Mortgage Lending Manager Salary Graph, Regional Distribution and Summary