Mortgage Loan Area Manager Salary
How much does a Mortgage Loan Area Manager make in the United States? The average Mortgage Loan Area Manager salary in the United States is $137,113 as of August 27, 2023, but the range typically falls between $107,410 and $169,666. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Mortgage Loan Area Manager Salary | $80,367 | US | August 27, 2023 |
| 25th Percentile Mortgage Loan Area Manager Salary | $107,410 | US | August 27, 2023 |
| 50th Percentile Mortgage Loan Area Manager Salary | $137,113 | US | August 27, 2023 |
| 75th Percentile Mortgage Loan Area Manager Salary | $169,666 | US | August 27, 2023 |
| 90th Percentile Mortgage Loan Area Manager Salary | $199,303 | US | August 27, 2023 |
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Job Description for Mortgage Loan Area Manager
Mortgage Loan Area Manager directs mortgage loan activity and oversees multiple teams for a defined area. Analyzes mortgage data and trends to develop a lending strategy and establish targets for loan production. Being a Mortgage Loan Area Manager develops a productive staff with training and coaching. Monitors compliance with federal and state lending regulations. Additionally, Mortgage Loan Area Manager requires a bachelor's degree. Typically reports to senior management. The Mortgage Loan Area Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Mortgage Loan Area Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2023 Salary.com)... View full job description
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Mortgage Loan Area Manager Pay Difference by Location
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| City, State San Francisco, CA |
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| City, State Washington, DC |
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| City, State Miami, FL |
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| City, State Chicago, IL |
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| City, State Boston, MA |
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| City, State New York, NY |
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| City, State Dallas, TX |
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Area Residential Property Manager | Experience | EducationBachelors | Salary Compared to This Job |
| Job Title District Sales Manager | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Closing Manager | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Loan Funding Manager | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
| Job Title Mortgage Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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Skills associated with Mortgage Loan Area Manager: Risk Analysis, Mortgage Loans, Organizational Goal Setting, Strategy Development ...More
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