Mortgage Loan Servicing Manager Salaries in Colton, SD
How Much Does a Mortgage Loan Servicing Manager Make in Colton, SD?
Updated September 01, 2024
As of September 01, 2024,
the average annual pay of Mortgage Loan Servicing Manager in Colton, SD is $79,504.
While Salary.com is seeing that Mortgage Loan Servicing Manager salary in Colton, SD can go up to $107,157
or down to $52,951, but most earn between $65,605 and $93,978.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Mortgage Loan Servicing Manager
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Similar Job Salaries to Mortgage Loan Servicing Manager by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
First International Bank & Trust
Mortgage Loan Partner
|
$85,163/yr
|
RANGE: $67,687 - $102,638
|
|
BLACK HILLS FEDERAL CREDIT UNION
Mortgage Loan Processor
|
$53,242/yr
|
RANGE: $44,445 - $62,040
|
|
Alerus
Loan Servicing Specialist - Mortgage
|
$57,046/yr
|
RANGE: $48,581 - $65,511
|
|
LHH
VP - Mortgage Loan Servicing
|
$210,185/yr
|
RANGE: $153,245 - $267,125
|
|
Arkansas Federal Credit Union
Mortgage Loan Servicing Coordinator
|
$54,849/yr
|
RANGE: $45,731 - $63,967
|
|
First International Bank & Trust
Mortgage Loan Processor - Secondary Market
|
$59,139/yr
|
RANGE: $50,533 - $67,745
|
|
First International Bank & Trust
Mortgage Loan Closer - Secondary Market
|
$59,458/yr
|
RANGE: $52,602 - $66,314
|
|
ALOHA PACIFIC FEDERAL CREDIT UNION
Mortgage Loan Servicing Administrative Asst
|
$51,461/yr
|
RANGE: $44,583 - $58,340
|
|
Umpqua Bank
Mortgage Loan Servicing Specialist II
|
$60,309/yr
|
RANGE: $51,204 - $69,415
|
|
Veridian Credit Union
Mortgage Loan Servicing Assistant - FT
|
$49,987/yr
|
RANGE: $42,645 - $57,330
|
What Does a Mortgage Loan Servicing Manager Do?
Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%.
Updated November 29, 2021
Loan servicing has traditionally been performed by lenders (big banks), but smaller, regional players, and non-bank service providers are moving into the space.
Updated December 22, 2021
Some mortgage loans may have no amortization, or require full repayment of any remaining balance at a certain date, or even.
Updated December 21, 2021
The loan to value ratio is considered an important indicator of the riskiness of a mortgage loan: the higher the LTV, the higher the risk that the value of the property (in case of foreclosure) will be insufficient to cover the remaining principal of the loan.
Updated December 21, 2021
As a result, the cost of loan servicing has increased compared to the levels seen before the crisis, and there is always the potential for more regulation.
Updated December 12, 2021
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Explore JobArchitectFrequently Asked Questions About a Mortgage Loan Servicing Manager Salaries
What is the average of a Mortgage Loan Servicing Manager in Colton, SD?
The Mortgage Loan Servicing Manager salary range is from $65,605 to $93,978, and the average Mortgage Loan Servicing Manager salary is $79,504/year in Colton, SD.
The Mortgage Loan Servicing Manager's salary will change in different locations.
Which location pays the highest Mortgage Loan Servicing Manager salary in the United States?
The Mortgage Loan Servicing Manager salary in San Jose, CA is $111,234
which is the highest in the US.
What kinds of reasons will influence the Mortgage Loan Servicing Manager's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Mortgage Loan Servicing Manager.
What is the growth rate of the Mortgage Loan Servicing Manager's salary?
If you are thinking of becoming a Mortgage Loan Servicing Manager or planning the next step in your career, find the detailed salary report of a Mortgage Loan Servicing Manager.
