MANHATTAN BRIDGE CAPITAL, INC Mortgage Collection Manager Salary in the United States

How much does a Mortgage Collection Manager make at companies like MANHATTAN BRIDGE CAPITAL, INC in the United States? The average salary for Mortgage Collection Manager at companies like MANHATTAN BRIDGE CAPITAL, INC in the United States is $80,424 as of May 28, 2020, but the range typically falls between $65,950 and $93,204. 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.  View the Cost of Living in Major Cities

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What does a Mortgage Collection Manager do at companies like MANHATTAN BRIDGE CAPITAL, INC?

Mortgage Collection Manager manages a team of collectors and supervisors who limit collection portfolio losses and delinquencies. Trains and staffs collection associate team. Being a Mortgage Collection Manager evaluates delinquent loans and determines foreclosure status. May assist in developing strategies to limit foreclosures, repossessions, etc. Requires a bachelor's degree. Additionally, Mortgage Collection Manager typically reports to top management. The Mortgage Collection 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. Extensive knowledge of department processes. To be a Mortgage Collection Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2020 Salary.com)

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$65,950 Low Average $80,424 High $93,204

Understand the total compensation opportunity for Mortgage Collection Manager at companies like MANHATTAN BRIDGE CAPITAL, INC, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
$65,950
$93,204
$80,424

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$67,682
$99,585
$82,951
These charts show the average base salary (core compensation), as well as the average total cash compensation for Mortgage Collection Manager in companies like MANHATTAN BRIDGE CAPITAL, INC in the United States. The base salary for Mortgage Collection Manager in companies like MANHATTAN BRIDGE CAPITAL, INC range from $65,950 to $93,204 with the average base salary of $80,424. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $67,682 to $99,585 with the average total cash compensation of $82,951.
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