How much does a Loss Mitigation Manager make? The average Loss Mitigation Manager salary is $72,373 as of October 28, 2020, but the salary range typically falls between $60,784 and $87,141. 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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What does a Loss Mitigation Manager do?
Loss Mitigation Manager in Irving, TX
Evaluates and on boards new 3rd party vendors for loss mitigation processes, as needed.
March 25, 2020
Maintains documentation on all account activities reviewed with an emphasis on detail and accuracy.
June 06, 2020
Manages monthly, quarterly and yearly reporting and enhancements to the collections software in regards to repossession, remarketing, foreclosure, bankruptcy and collateral preservation.
June 25, 2020
Loss Mitigation Manager
Promote and sustain an environment of continuous improvement.
February 22, 2020
Provide positive leadership and coaching, including performance measurements, appraisals and other actions impacting employee job related functions.
February 29, 2020
Demonstrate past success as a loss mitigation negotiator or late-stage collector as part of a team to ensure loans are serviced in a timely manner.
April 29, 2020
Review key performance indicators and pipeline management reports with senior management on a monthly basis.
May 12, 2020
Loss Mitigation Manager Salary in Major Cities
This chart shows the salary comparison for Loss Mitigation Manager between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Loss Mitigation Manager in each city.
Loss Mitigation Manager Salary by State
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Loss Mitigation Manager Salary by City
Click to see the salary for Loss Mitigation Manager in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $90,466 |
| Washington, DC | $80,565 |
| Miami, FL | $70,456 |
| Chicago, IL | $76,780 |
| Boston, MA | $81,542 |
| New York, NY | $87,065 |
| Dallas, TX | $71,902 |
If you'd like know Loss Mitigation Manager Salary in other cities, then please select a city in
Average Salary Range for Loss Mitigation Manager
Average Base Salary
Core compensation
60784
87141
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Loss Mitigation Manager in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loss Mitigation Manager in the United States. The base salary for Loss Mitigation Manager ranges from $60,784 to $87,141 with the average base salary of $72,373. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,537 to $91,286 with the average total cash compensation of $75,743.
View Average Salary for Loss Mitigation Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $72,373 | $60,784 - $87,141 |
| Bonus | $3,370 | $2,753 - $4,145 |
| Total Pay | $75,743 | $63,537 - $91,286 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Loss Mitigation Manager online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Loss Mitigation Manager, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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60784
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Comments about Loss Mitigation Manager
What's the difference between Loss Mitigation Specialist and Loss Mitigation Manager?
According to our latest salary estimation on October 28, 2020. The average salary of Loss Mitigation Manager is $72,373, and the average salary of Loss Mitigation Specialist is $52,508. The average salary of Loss Mitigation Specialist is lower than Loss Mitigation Manager. ( 2020-10-28 salary.com )
I am a Loss Mitigation Manager, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Loss Mitigation Manager. a Loss Mitigation Manager Salary in New Britain, CT is $78,163 as of October 28, 2020; a Loss Mitigation Manager Salary in Barnstable, MA is $76,319 as of October 28, 2020. ( 2020-10-28 salary.com )
Loss Mitigation Manager Frequently Asked Questions
Why does the salary of a Loss Mitigation Manager vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Loss Mitigation Manager?
Salary ranges for a Loss Mitigation Manager can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020