How much does a Mortgage Loan Officer III make in Algodones, NM? The average Mortgage Loan Officer III salary in Algodones, NM is $87,921 as of August 27, 2024, but the range typically falls between $74,516 and $102,365. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Mortgage Loan Officer III Salary | $62,312 | Algodones,NM | August 27, 2024 |
25th Percentile Mortgage Loan Officer III Salary | $74,516 | Algodones,NM | August 27, 2024 |
50th Percentile Mortgage Loan Officer III Salary | $87,921 | Algodones,NM | August 27, 2024 |
75th Percentile Mortgage Loan Officer III Salary | $102,365 | Algodones,NM | August 27, 2024 |
90th Percentile Mortgage Loan Officer III Salary | $115,515 | Algodones,NM | August 27, 2024 |
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.
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.
Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
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.
Skill | Salary | Demand |
---|---|---|
Mortgage Lending
|
$92,317 |
5%
|
Communicates Effectively
|
$90,558 |
3%
|
Products and Services
|
$90,558 |
3%
|
Initiative
|
$89,679 |
2%
|
Financial Services
|
$88,800 |
1%
|
Communication Skills
|
$88,800 |
1%
|
What Should I Pay?
Mortgage Loan Officer III 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 III assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Loan Officer III typically reports to a manager or head of a unit/department. The Mortgage Loan Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Mortgage Loan Officer III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Mortgage Loan Officer III.
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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 III, the first career path typically starts with a Mortgage Lending Assistant Manager position, and then progresses to Mortgage Lending Branch Manager.
Additionally, the second career path typically progresses to Secondary Market Manager.
Salary.com's CompAnalyst platform offers:
Mortgage Loan Officer III salary varies from city to city. Compared with national average salary of Mortgage Loan Officer III, the highest Mortgage Loan Officer III salary is in San Francisco, CA, where the Mortgage Loan Officer III salary is 25.0% above. The lowest Mortgage Loan Officer III salary is in Miami, FL, where the Mortgage Loan Officer III salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Real Estate Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Consumer Loan Officer III | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
Job Title Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Mortgage Loan Officer III salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Mortgage Loan Officer III salary varies from category to category. Click below to see Mortgage Loan Officer III salary in different categories.
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About Algodones, New Mexico Algodones is a census-designated place (CDP) in Sandoval County, New Mexico, United States. The population was 814 at the 2010 census. It is part of t....More
Algodones, New Mexico area prices were up 2.5% from a year ago View the Cost of Living in Algodones, New Mexico
Mortgage Loan Officer III Salary in popular cities: Albuquerque, Las Cruces, Rio Rancho
Skills associated with Mortgage Loan Officer III: Loan Origination, Loan Software, Lending Regulatory Compliance, New Business Development
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