How much does a Mortgage Operations Manager make?

As of March 01, 2025, the average annual salary for a Mortgage Operations Manager in the United States is $136,883. Salary.com reports that pay typically ranges from $128,172 to $146,356, with most professionals earning between $120,241 and $154,980.

Mortgage Operations Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $146,356 $12,196 $2,815 $70
Average $136,883 $11,407 $2,632 $66
25th Percentile $128,172 $10,681 $2,465 $62

Average Salary

25% $128,172 10% $120,241 90% $154,980 75% $146,356 $136,883 50%(Median) Didn’t find job title? Click
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How much does a Mortgage Operations Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Mortgage Operations Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Mortgage Operations Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Mortgage Operations Manager's Salary?

An entry-level Mortgage Operations Manager with less than 1 year of experience earns about $131,845. With 1-2 years of experience, the average salary increases to $132,229. For 2-4 years of experience, the pay typically rises to $133,127. Senior-level professionals with 5-8 years of experience earn around $134,153, and those with over 8 years of experience can expect an average of $136,028.

Levels Salary
Entry Level Mortgage Operations Manager $131,845
Intermediate Level Mortgage Operations Manager $132,229
Senior Level Mortgage Operations Manager $133,127
Specialist Level Mortgage Operations Manager $134,153
Expert Level Mortgage Operations Manager $136,028
$131,845 0 yr
$132,229 < 2 yrs
$133,127 2-4 yrs
$134,153 5-8 yrs
$136,028 > 8 yrs
Last Updated on March 01, 2025
Entry Level 4%
Mid Level 3%
Senior Level 3%
Top Level 2%
Experienced 1%
View as graph
Last Updated on March 01, 2025

How much does salary of Mortgage Operations Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Mortgage Operations Manager is $171,103.
  • In New York, NY, the average annual salary is $159,879.
  • In Boston, MA, a Mortgage Operations Manager earns $153,445 per year.

What is the salary trend of Mortgage Operations Manager?

As of March 01, 2025, our research reveals a significant shift in Mortgage Operations Manager compensation over the past six years. For example, the median salary increased from $99,651 in 2023 to approximately $100,981 in 2024. (For a detailed analysis of Mortgage Operations Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Mortgage Operations Manager Over Time

2020
$???
2021
$???
2022
$???
$99,651
2023
$100,981
2024
$100,350
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$99,651
2024
$100,981
2025
$100,350
2026
$???
Last Updated on March 01, 2025

Mortgage Operations Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $99,651
2024 $100,981
2025 $100,350
2026 View More
Last Updated on March 01, 2025

Job Openings of Mortgage Operations Manager

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

Most Common Benefits for Mortgage Operations Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 70.2%
Bonuses 3.6%
Social Security 5.6%
401k/403b 3.6%
Disability 1.2%
Healthcare 3.3%
Pension 3.1%
Time Off 9.4%
Core Compensation
Core Compensation Median % of Total
Base Salary $136,883 70.2%
Bonus $7,054 3.6%
Value of Benefits
Core Compensation Median % of Total
Social Security $11,011 5.6%
401K/403B $7,053 3.6%
Disability $2,303 1.2%
Healthcare $6,371 3.3%
Pension $6,045 3.1%
Time Off $18,269 9.4%
Total Compensation $194,988 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Mortgage Operations Manager with different levels of education?

Salaries for Mortgage Operations Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Mortgage Operations Manager with a Bachelor's Degree is $131,588 - $136,446. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Mortgage Operations Manager Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Mortgage Operations Manager
Degree Level % of user with this level of education
No Diploma 1.1%
High School 32.1%
Associates 8.9%
Bachelors 47.5%
Masters 8.9%
Doctorate 1.4%
Typical Education for Mortgage Operations Manager
No Diploma 1.1%
High School 32.1%
Associates 8.9%
Bachelors 47.5%
Masters 8.9%
Doctorate 1.4%
view as table

Mortgage Operations Manager Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Mortgage Operations Manager

1. What is the average salary of a Mortgage Operations Manager?

The average annual salary of Mortgage Operations Manager is $136,883. In case you are finding an easy salary calculator, the average hourly pay of Mortgage Operations Manager is $66; the average weekly pay of Mortgage Operations Manager is $2,632; the average monthly pay of Mortgage Operations Manager is $11,407.

2. Where can a Mortgage Operations Manager earn the most?

A Mortgage Operations Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Mortgage Operations Manager earns the most in San Jose, CA, where the annual salary of a Mortgage Operations Manager is $171,788.

3. What is the highest pay for Mortgage Operations Manager?

The highest pay for Mortgage Operations Manager is $154,980.

4. What is the lowest pay for Mortgage Operations Manager?

The lowest pay for Mortgage Operations Manager is $120,241.

5. What are the responsibilities of Mortgage Operations Manager?

Mortgage Operations Manager oversees all mortgage lending operations, including verifying property appraisals, marketing loan products, and loan processing. Manages resources to ensure quality mortgage loan service and efficient delivery of products and services to clients. Being a Mortgage Operations Manager monitors the productivity and budgetary performance of the operations department and develops new procedures to improve processes. Acts as a resource for knowledge on mortgage lending operations and trains and educates personnel on new or changing regulations or procedures. Additionally, Mortgage Operations Manager requires a bachelor's degree. Typically reports to a director. The Mortgage Operations Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Mortgage Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

6. What are the skills of Mortgage Operations Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.)

Loan Processing: The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.

3.)

Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Mortgage Operations Manager is $136,883 per year in the United States, updated at March 01, 2025.
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