Mortgage Collector Salary in Newark, NJ

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What is the highest and lowest pay for Mortgage Collector?

As of December 01, 2024, the average annual pay of Mortgage Collector in Newark, NJ is $46,380. While Salary.com is seeing that the highest pay for Mortgage Collector in Newark, NJ can go up to $53,266 and the lowest down to $40,638, but most earn between $43,375 and $49,984. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Collector in the United States.

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Salary range for a Mortgage Collector
$43,375 to $49,984
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What is a Mortgage Collector?

A Mortgage Collector is responsible for contacting individuals who have fallen behind on their mortgage payments and working with them to bring their accounts up to date. This may involve making phone calls, sending letters, and negotiating payment plans. Mortgage collectors must have strong communication and negotiation skills, as well as a thorough understanding of mortgage laws and regulations. They must also be able to work with individuals who may be experiencing financial hardship and be empathetic to their situations. Additionally, mortgage collectors may be responsible for documenting all communication and maintaining accurate records of payment arrangements.

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Job Openings for Mortgage Collector in Newark, NJ
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Mortgage Collector Salary By Experience Levels in Newark, NJ

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Mortgage Collector Salary By Level of Education in Newark, NJ

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Mortgage Collector in Newark, NJ

Average Base Salary

Core compensation

 
 
 
43375
49984
46380

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44611
51170
48122
What is the average salary for Mortgage Collector in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Collector in Newark, NJ. The base salary for Mortgage Collector ranges from $43,375 to $49,984 with the average base salary of $46,380. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,611 to $51,170 with the average total cash compensation of $48,122.

View Average Salary for Mortgage Collector as table

Average Salary Average Salary Range
Base Salary $46,380 $43,375 - $49,984
Bonus $1,742 $1,236 - $1,186
Total Pay $48,122 $44,611 - $51,170
* 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.

Mortgage Collector Salary Near Newark, NJ

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Newark, NJ
CITY, STATE East Orange, NJ AVERAGE SALARY RANGE $43,451 - $50,073 COMPARE TO Newark, NJ
CITY, STATE West Orange, NJ AVERAGE SALARY RANGE $43,451 - $50,073 COMPARE TO Newark, NJ
CITY, STATE Bloomfield, NJ AVERAGE SALARY RANGE $44,258 - $51,002 COMPARE TO Newark, NJ
CITY, STATE Irvington, NJ AVERAGE SALARY RANGE $43,451 - $50,073 COMPARE TO Newark, NJ
CITY, STATE Union, NJ AVERAGE SALARY RANGE $43,451 - $50,073 COMPARE TO Newark, NJ
CITY, STATE Elizabeth, NJ AVERAGE SALARY RANGE $43,451 - $50,073 COMPARE TO Newark, NJ
See salaries for Mortgage Collector in locations close to Newark, NJ. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

View Salary for Similar Jobs to Mortgage Collector in Newark, NJ

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Mortgage Collector III LOCATION Newark, NJ MINIMUM SALARY $55,031 MAXIMUM SALARY $83,915
JOB TITLE Mortgage Collector I LOCATION Newark, NJ MINIMUM SALARY $44,513 MAXIMUM SALARY $58,112
JOB TITLE Mortgage Collector II LOCATION Newark, NJ MINIMUM SALARY $49,606 MAXIMUM SALARY $64,325
JOB TITLE Delinquent Mortgage Collector III LOCATION Newark, NJ MINIMUM SALARY $55,100 MAXIMUM SALARY $84,000
JOB TITLE Delinquent Mortgage Collector II LOCATION Newark, NJ MINIMUM SALARY $49,700 MAXIMUM SALARY $64,400
JOB TITLE Delinquent Mortgage Collector I LOCATION Newark, NJ MINIMUM SALARY $44,600 MAXIMUM SALARY $58,200
The Mortgage Collector job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Newark, NJ that might be a good fit for the type of job and salary you are looking for.

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43375
49984

 

About Newark, New Jersey    Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More

Newark, New Jersey  area prices were up 1.6% from a year ago

Mortgage Collector Salary in popular cities: Jersey City, Paterson, Elizabeth

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