Mortgage Loan Quality Assurance Representative Salary in Elgin, Illinois

Mortgage Loan Quality Assurance Representative Salary in Elgin, IL

How much does a Mortgage Loan Quality Assurance Representative make in Elgin, IL? The average Mortgage Loan Quality Assurance Representative salary in Elgin, IL is $51,906 as of May 28, 2024, but the range typically falls between $45,348 and $60,229. 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. 

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Mortgage Loan Quality Assurance Representative Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Loan Quality Assurance Representative Salary $39,377 Elgin,IL May 28, 2024
25th Percentile Mortgage Loan Quality Assurance Representative Salary $45,348 Elgin,IL May 28, 2024
50th Percentile Mortgage Loan Quality Assurance Representative Salary $51,906 Elgin,IL May 28, 2024
75th Percentile Mortgage Loan Quality Assurance Representative Salary $60,229 Elgin,IL May 28, 2024
90th Percentile Mortgage Loan Quality Assurance Representative Salary $67,807 Elgin,IL May 28, 2024
25% $45,348 10% $39,377 90% $67,807 75% $60,229 $51,906 50%(Median) Didn’t find job title? Click
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Check out Mortgage Loan Quality Assurance Representative Job Openings in Elgin, Illinois

Representative, Quality Assurance

Formerra - Romeoville, IL

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Entry Level Mortgage Specialist

United Wholesale Mortgage - Pontiac, MI

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Entry Level Loan Processing Specialist

United Wholesale Mortgage - Pontiac, MI

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Continuous Improvement Quality Engineer

CaptiveAire - West Union, IA

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Job Description for Mortgage Loan Quality Assurance Representative

Mortgage Loan Quality Assurance Representative ensures that the mortgage loan processes meet company standards and guidelines. Monitors calls to ensure compliance with Fair Debt Collection Practices Act (FDCPA) and state specific regulations. Being a Mortgage Loan Quality Assurance Representative documents improper loan contracts and appraisals. Requires a high school diploma or equivalent. Additionally, Mortgage Loan Quality Assurance Representative typically reports to a manager or head of a unit/department. The Mortgage Loan Quality Assurance Representative works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Mortgage Loan Quality Assurance Representative typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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

Job Openings for Mortgage Loan Quality Assurance Representative in Elgin, IL
  • Formerra - Romeoville, IL
    The Regulatory Specialist serves as a trusted advisor who partners with our suppliers, customers, and other interested parties to provide relevant regulato...
    - 5 Days Ago

Career Path for Mortgage Loan Quality Assurance Representative

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 Quality Assurance Representative, the first career path typically progresses to Mortgage Quality Assurance Manager.

Mortgage Loan Quality Assurance Representative
Mortgage Quality Assurance Manager
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
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 Quality Assurance Representative Pay Difference by Location

Mortgage Loan Quality Assurance Representative salary varies from city to city. Compared with national average salary of Mortgage Loan Quality Assurance Representative, the highest Mortgage Loan Quality Assurance Representative salary is in San Francisco, CA, where the Mortgage Loan Quality Assurance Representative salary is 25.0% above. The lowest Mortgage Loan Quality Assurance Representative salary is in Miami, FL, where the Mortgage Loan Quality Assurance Representative salary is 3.5% 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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for a Mortgage Loan Quality Assurance Representative, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
45348
60229
51906

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48948
62310
55925
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Quality Assurance Representative in Elgin, IL. The base salary for Mortgage Loan Quality Assurance Representative ranges from $45,348 to $60,229 with the average base salary of $51,906. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,948 to $62,310 with the average total cash compensation of $55,925.
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45348
60229

 

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About Elgin, Illinois    Elgin (/ˈɛldʒɪn/ EL-jin) is a city in Cook and Kane counties in the northern part of the U.S. state of Illinois. Located roughly 35 mi (56 km) northw....More

Elgin, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Elgin, Illinois

Mortgage Loan Quality Assurance Representative Salary in popular cities: Chicago, Aurora, Rockford

Skills associated with Mortgage Loan Quality Assurance Representative: Audit Documentation, Mortgage Loans, Lending Regulatory Compliance, Real Time Call Monitoring ...More

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