How much does a Mortgage Processing Officer make in Franktown, VA? The average Mortgage Processing Officer salary in Franktown, VA is $64,340 as of May 28, 2024, but the salary range typically falls between $57,374 and $74,072. 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.
A Mortgage Processing Officer is responsible for reviewing and verifying mortgage loan applications to ensure they meet all necessary requirements and regulations. They work closely with loan officers, underwriters, and borrowers to gather and organize all required documentation, such as income verification, credit reports, and property appraisals. They also communicate with external parties, such as title companies and insurance providers, to coordinate the closing process. Additionally, Mortgage Processing Officers may be responsible for updating and maintaining loan files, as well as providing support to other team members as needed. Strong attention to detail, excellent communication skills, and a thorough understanding of mortgage lending regulations are essential for success in this role.
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Average Salary | Average Salary Range | |
---|---|---|
Base Salary | $64,340 | $57,374 - $74,072 |
Bonus | $2,035 | $1,676 - $2,628 |
Total Pay | $66,375 | $59,050 - $76,700 |
CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Franktown, VA |
---|---|---|
CITY, STATE Hampton, VA | AVERAGE SALARY RANGE $57,484 - $74,213 | COMPARE TO Franktown, VA |
CITY, STATE Newport News, VA | AVERAGE SALARY RANGE $57,484 - $74,213 | COMPARE TO Franktown, VA |
CITY, STATE Norfolk, VA | AVERAGE SALARY RANGE $57,168 - $73,805 | COMPARE TO Franktown, VA |
CITY, STATE Virginia Beach, VA | AVERAGE SALARY RANGE $58,042 - $74,934 | COMPARE TO Franktown, VA |
CITY, STATE Portsmouth, VA | AVERAGE SALARY RANGE $57,168 - $73,805 | COMPARE TO Franktown, VA |
CITY, STATE Chesapeake, VA | AVERAGE SALARY RANGE $57,095 - $73,711 | COMPARE TO Franktown, VA |
JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
---|---|---|---|
JOB TITLE Mortgage Processing Manager | LOCATION Franktown, VA | MINIMUM SALARY $121,826 | MAXIMUM SALARY $138,402 |
JOB TITLE Mortgage Processing Assistant | LOCATION Franktown, VA | MINIMUM SALARY $34,535 | MAXIMUM SALARY $43,073 |
JOB TITLE Mortgage Payment Processing Clerk | LOCATION Franktown, VA | MINIMUM SALARY $33,028 | MAXIMUM SALARY $43,196 |
JOB TITLE Processing Manager - Mortgage Loans | LOCATION Franktown, VA | MINIMUM SALARY $81,900 | MAXIMUM SALARY $109,000 |
JOB TITLE Mortgage Officer | LOCATION Franktown, VA | MINIMUM SALARY $43,935 | MAXIMUM SALARY $56,010 |
JOB TITLE Chief Mortgage Officer | LOCATION Franktown, VA | MINIMUM SALARY $185,480 | MAXIMUM SALARY $307,130 |
About Franktown, Virginia Franktown is an unincorporated community in Northampton County, Virginia, United States. In the mid-19th century, it was a point along the stagecoach ....More
Franktown, Virginia area prices were up 1.2% from a year ago
Mortgage Processing Officer Salary in popular cities: Virginia Beach, Norfolk, Chesapeake
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