How much does a Mortgage Loan Officer I make in Parcel Return Service, DC? The average Mortgage Loan Officer I salary in Parcel Return Service, DC is $54,463 as of February 26, 2024, but the range typically falls between $46,387 and $63,791. 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. 

Mortgage Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Loan Officer I Salary $39,033 Parcel Return Service,DC February 26, 2024
25th Percentile Mortgage Loan Officer I Salary $46,387 Parcel Return Service,DC February 26, 2024
50th Percentile Mortgage Loan Officer I Salary $54,463 Parcel Return Service,DC February 26, 2024
75th Percentile Mortgage Loan Officer I Salary $63,791 Parcel Return Service,DC February 26, 2024
90th Percentile Mortgage Loan Officer I Salary $72,283 Parcel Return Service,DC February 26, 2024
25% $46,387 10% $39,033 90% $72,283 75% $63,791 $54,463 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Loan Officer I 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.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

3.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

Customer Service 3.87%
Background Check 0.77%
Wholesale 5.48%
Others 89.88%

Job Description for Mortgage Loan Officer I

Mortgage Loan Officer I solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Being a Mortgage Loan Officer I assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Loan Officer I typically reports to a manager or head of a unit/department. The Mortgage Loan Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Mortgage Loan Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Loan Officer I in Parcel Return Service, DC

Career Path for Mortgage Loan Officer I

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 Officer I, the first career path typically starts with a Mortgage Loan Officer II position, and then progresses to Mortgage Lending Assistant Manager.

Additionally, the second career path typically starts with a Secondary Market Analyst position, and then progresses to Secondary Market Manager.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Mortgage Loan Officer I salary varies from city to city. Compared with national average salary of Mortgage Loan Officer I, the highest Mortgage Loan Officer I salary is in San Francisco, CA, where the Mortgage Loan Officer I salary is 25.0% above. The lowest Mortgage Loan Officer I salary is in Miami, FL, where the Mortgage Loan Officer I salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Loan Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
46387
63791
54463

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
52684
84805
66398
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer I in Parcel Return Service, DC. The base salary for Mortgage Loan Officer I ranges from $46,387 to $63,791 with the average base salary of $54,463. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,684 to $84,805 with the average total cash compensation of $66,398.
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Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

46387
63791

 

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How much should you be paid?

About Parcel Return Service, District of Columbia    British Columbia is bordered to the west by the Pacific Ocean and the American state of Alaska, to the north by Yukon Territory and the Northwest Terr....More

Parcel Return Service, District of Columbia  area prices were up 1.3% from a year ago    View the Cost of Living in Parcel Return Service, District of Columbia

Mortgage Loan Officer I Salary in popular cities: Washington

Skills associated with Mortgage Loan Officer I: New Business Development, Lending Regulatory Compliance, Loan Origination, Loan Software

Recently searched related titles: Loan Officer Trainee, Home Equity Specialist, Junior Mortgage Consultant

Jobs with a similar salary range to Mortgage Loan Officer I : Home Equity Processor, Private Mortgage Banker, Mortgage Advisor, Mortgage Loan Officer, Mortgage Loan Originator

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