How Much Does a Mortgage Loan Servicing Manager Make in Virginia?

Updated August 27, 2024
As of August 27, 2024, the average annual pay of Mortgage Loan Servicing Manager in Virginia is $88,899. While Salary.com is seeing that Mortgage Loan Servicing Manager salary in VA can go up to $119,820 or down to $59,208, but most earn between $73,358 and $105,084. 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
Loan Servicing Supervisor
$69,887
Virginia
Per Year
Mortgage Loan Servicing Specialist
$42,614
Virginia
Per Year
Mortgage Servicing Manager
$86,740
Virginia
Per Year
Loan Servicing Manager
$90,178
Virginia
Per Year
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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
Argent Federal Credit Union
Mortgage Loan Servicing Specialist I
$51,090/yr
$43,389
$58,791
RANGE: $43,389 - $58,791
Argent Credit Union
Mortgage Loan Servicing Specialist I
$51,050/yr
$43,277
$58,823
RANGE: $43,277 - $58,823
B10 Wells Fargo Bank, N. A.
Commercial Loan Servicing Representative
$75,694/yr
$63,625
$87,763
RANGE: $63,625 - $87,763
Wells Fargo
Commercial Loan Servicing Representative
$77,929/yr
$65,289
$90,569
RANGE: $65,289 - $90,569
AppleOne Employment Services
Commercial Loan Servicing Specialist
$56,389/yr
$47,947
$64,831
RANGE: $47,947 - $64,831
AppleOne
Commercial Loan Servicing Specialist
$45,779/yr
$39,629
$51,928
RANGE: $39,629 - $51,928
Blue Ridge Bank
Loan Ops Servicing
$45,054/yr
$39,435
$50,673
RANGE: $39,435 - $50,673
Blue Ridge Bank NA
Loan Ops Servicing
$45,054/yr
$39,435
$50,673
RANGE: $39,435 - $50,673
Old Point National Bank
Loan Servicing Specialist
$54,983/yr
$46,606
$63,360
RANGE: $46,606 - $63,360
TEKsystems
Loan servicing representative
$49,680/yr
$42,308
$57,052
RANGE: $42,308 - $57,052

Open Mortgage Loan Servicing Manager Jobs in Virginia

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Top 10 Highest Paying Cities For Mortgage Loan Servicing Manager Jobs in Virginia

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Mortgage Loan Servicing Manager can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Mortgage Loan Servicing Manager job salaries in Virginia. Some cities can pay higher salaries for Mortgage Loan Servicing Manager jobs, which can indicate that there is a large demand for Mortgage Loan Servicing Manager positions in this city.
The following table shows top 10 cities where the Mortgage Loan Servicing Manager salary is higher than other cities in Virginia. Arlington takes first place in this list, followed by Alexandria, Annandale. The Mortgage Loan Servicing Manager salary is $98,649 in Arlington, which is higher than the national average. There are 5 cities' Mortgage Loan Servicing Manager salary higher than national average in Virginia.
The average salary for a Mortgage Loan Servicing Manager in Virginia is $88,899, but we found that the city with the highest salary for Mortgage Loan Servicing Manager jobs is Arlington, VA, and it is higher than Alexandria. Mortgage Loan Servicing Manager jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Arlington $98,649 $8,221 $1,897 $47
Alexandria $98,649 $8,221 $1,897 $47
Annandale $98,649 $8,221 $1,897 $47
Reston $98,471 $8,206 $1,894 $47
Centreville $98,294 $8,191 $1,890 $47
Richmond $86,240 $7,187 $1,658 $41
Petersburg $85,974 $7,165 $1,653 $41
Virginia State University $85,974 $7,165 $1,653 $41
Virginia Beach $84,733 $7,061 $1,629 $41
Newport News $83,935 $6,995 $1,614 $40

What Does a Mortgage Loan Servicing Manager Do?

Mortgage loan financing relies less on securitizing mortgages and more on formal government guarantees backed by.
Updated October 11, 2021
Meanwhile, the trend among big mortgage loan servicers is to slowly back away from the marketplace in response to growing regulatory concerns.
Updated October 06, 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

Frequently Asked Questions About a Mortgage Loan Servicing Manager Salaries

What is the average of a Mortgage Loan Servicing Manager in Virginia?

The Mortgage Loan Servicing Manager salary range is from $73,358 to $105,084, and the average Mortgage Loan Servicing Manager salary is $88,899/year in Virginia. 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.