Mortgage Loan Area Manager Salary in Minnesota
Mortgage Loan Area Manager Salary in Minnesota
How much does a Mortgage Loan Area Manager make in Minnesota? The average Mortgage Loan Area Manager salary in Minnesota is $142,651 as of March 26, 2024, but the range typically falls between $111,734 and $176,515. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Mortgage Loan Area Manager Salary | $83,587 | MN | March 26, 2024 |
| 25th Percentile Mortgage Loan Area Manager Salary | $111,734 | MN | March 26, 2024 |
| 50th Percentile Mortgage Loan Area Manager Salary | $142,651 | MN | March 26, 2024 |
| 75th Percentile Mortgage Loan Area Manager Salary | $176,515 | MN | March 26, 2024 |
| 90th Percentile Mortgage Loan Area Manager Salary | $207,347 | MN | March 26, 2024 |
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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 a director. The Mortgage Loan Area Manager 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. To be a Mortgage Loan Area Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Lakeville, MN | Avg. Salary $146,973 | Date Updated March 26, 2024 |
| Location Minnetonka, MN | Avg. Salary $147,949 | Date Updated March 26, 2024 |
| Location Ada, MN | Avg. Salary $131,774 | Date Updated March 26, 2024 |
| Location Adams, MN | Avg. Salary $138,467 | Date Updated March 26, 2024 |
| Location Adolph, MN | Avg. Salary $134,702 | Date Updated March 26, 2024 |
| Location Adrian, MN | Avg. Salary $124,523 | Date Updated March 26, 2024 |
| Location Afton, MN | Avg. Salary $146,834 | Date Updated March 26, 2024 |
| Location Ah Gwah Ching, MN | Avg. Salary $133,866 | Date Updated March 26, 2024 |
| Location Aitkin, MN | Avg. Salary $134,842 | Date Updated March 26, 2024 |
| Location Akeley, MN | Avg. Salary $134,005 | Date Updated March 26, 2024 |
Career Path for Mortgage Loan Area 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 Loan Area Manager, the first career path typically progresses to Top Mortgage Executive.
What does a Mortgage Loan Area Manager do?
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About Minnesota
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Level of Education for Mortgage Loan Area Manager
Jobs with different levels of education may pay very differently. Check the Mortgage Loan Area Manager salary of your education level.
View Salary Data for All Nearby Cities
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Browse Related Job Categories With Mortgage Loan Area Manager
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Mortgage Loan Area Manager salary varies from category to category. Click below to see Mortgage Loan Area Manager salary in different categories.
About Minnesota Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. ....More
Skills associated with Mortgage Loan Area Manager: Loan Software, Operations Management, Risk Analysis, Strategy Development ...More
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