1. What is the average salary of a Mortgage Loan Area Manager?
The average annual salary of Mortgage Loan Area Manager is $136,279.
In case you are finding an easy salary calculator,
the average hourly pay of Mortgage Loan Area Manager is $66;
the average weekly pay of Mortgage Loan Area Manager is $2,621;
the average monthly pay of Mortgage Loan Area Manager is $11,357.
2. Where can a Mortgage Loan Area Manager earn the most?
A Mortgage Loan Area Manager'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 Loan Area Manager earns the most in San Jose, CA, where the annual salary of a Mortgage Loan Area Manager is $171,030.
3. What is the highest pay for Mortgage Loan Area Manager?
The highest pay for Mortgage Loan Area Manager is $186,407.
4. What is the lowest pay for Mortgage Loan Area Manager?
The lowest pay for Mortgage Loan Area Manager is $99,852.
5. What are the responsibilities of 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. Develops a productive staff with training and coaching. Monitors compliance with federal and state lending regulations. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.