What is the salary range of Mortgage Loan Funding Clerk, Sr.?

As of December 01, 2024, the average annual pay of Mortgage Loan Funding Clerk, Sr. in Boise, ID is $47,207. While Salary.com is seeing that Mortgage Loan Funding Clerk, Sr. salary in Boise, ID can go up to $56,857 or down to $37,560, but most earn between $42,157 and $52,258. 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, Sr. in the United States.

Mortgage Loan Funding Clerk, Sr. Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $56,192 $4,683 $1,081 $27
Average $50,760 $4,230 $976 $24
25th Percentile $45,331 $3,778 $872 $22

Average Salary

25% $42,157 10% $37,560 90% $56,857 75% $52,258 $47,207 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, Sr. $44,130
Intermediate Level Mortgage Loan Funding Clerk, Sr. $44,505
Senior Level Mortgage Loan Funding Clerk, Sr. $47,504
Specialist Level Mortgage Loan Funding Clerk, Sr. $50,881
Expert Level Mortgage Loan Funding Clerk, Sr. $51,106
$44,130 0 yr
$44,505 < 2 yrs
$47,504 2-4 yrs
$50,881 5-8 yrs
$51,106 > 8 yrs
Last Updated on December 01, 2024
Entry Level 13%
Mid Level 12%
Senior Level 6%
Top Level 0%
Experienced 1%
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Last Updated on December 01, 2024

Job Openings of Mortgage Loan Funding Clerk, Sr.

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Cost of Living In Boise, ID

Cost of Living in Boise , ID is
1.2% 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, Sr.

What skills does a Mortgage Loan Funding Clerk, Sr. 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 Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".

3.

Transportation: Refers to the mode of travel used to get from home to work most frequently. The transportation are bus, train, aeroplane, ship, car, etc while the mode of transportation refers to road, air, sea/ocean, etc.

Customer Service 20%
Mortgage Loans 20%
Transportation 20%
Others 40%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Mortgage Loan Funding Clerk, Sr. 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 Underwriting, you can get a 9% salary raise. If you are good at Mortgage Loans, your salary will increase by 8%.
Skill Salary Demand
Underwriting
$51,456
9%
Mortgage Loans
$50,984
8%
Mortgage Loans
$50,984
8%
Mortgage Loans
$50,984
8%
Mortgage Loans
$50,984
8%
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, Sr. is $47,207 per year in Boise, ID, updated at December 01, 2024.
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