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How much does a Mortgage Loan Funding Clerk make?

As of December 01, 2024, the average annual pay of Mortgage Loan Funding Clerk in Burnsville, MN is $45,035. While Salary.com is seeing that Mortgage Loan Funding Clerk salary in Burnsville, MN can go up to $57,203 or down to $33,022, but most earn between $38,747 and $51,404. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Funding Clerk in the United States.

Mortgage Loan Funding Clerk Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $48,586 $4,049 $934 $23
Average $42,566 $3,547 $819 $20
25th Percentile $36,623 $3,052 $704 $18

Average Salary

25% $38,747 10% $33,022 90% $57,203 75% $51,404 $45,035 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Mortgage Loan Funding Clerk $43,233
Intermediate Level Mortgage Loan Funding Clerk $45,296
Senior Level Mortgage Loan Funding Clerk $49,172
Specialist Level Mortgage Loan Funding Clerk $49,739
Expert Level Mortgage Loan Funding Clerk $50,023
$43,233 0 yr
$45,296 < 2 yrs
$49,172 2-4 yrs
$49,739 5-8 yrs
$50,023 > 8 yrs
Last Updated on December 01, 2024
Entry Level 2%
Mid Level 6%
Senior Level 16%
Top Level 17%
Experienced 18%
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Last Updated on December 01, 2024

Job Openings of Mortgage Loan Funding Clerk

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

Cost of Living In Burnsville, MN

Cost of Living in Burnsville , MN is
13.2% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Mortgage Loan Funding Clerk

What skills does a Mortgage Loan Funding Clerk 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.

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.

2.

Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Customer Service 12.2%
Mortgage Lending 2.58%
Futures 1.28%
Others 83.94%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Mortgage Loan Funding Clerk 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 Commitment, you can get a 19% salary raise. If you are good at Flexibility, your salary will increase by 14%. If you are expert in Self Motivation, your salary will rise by 11%.
Skill Salary Demand
Commitment
$53,592
19%
Flexibility
$51,340
14%
Self Motivation
$49,989
11%
Loan Origination
$48,638
8%
Decision Making
$48,188
7%
CRM
$47,737
6%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Mortgage Loan Funding Clerk is $45,035 per year in Burnsville, MN, updated at December 01, 2024.
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