How much does a Mortgage Processing Officer make in Oakwood, VA? The average Mortgage Processing Officer salary in Oakwood, VA is $59,728 as of August 27, 2024, but the salary range typically falls between $53,263 and $68,759. 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 is a Mortgage Processing Officer?

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.

See user submitted job responsibilities for Mortgage Processing Officer.

Job Openings for Mortgage Processing Officer in Oakwood, VA
Dreamview Mortgage - NMLS 2551333 - Maitland , FL
... mortgage sales. During your time as a Junior Loan Officer, you will work directly with our ... processing, underwriting, and closing. You will gain the experience and develop the tools needed to ...
LinkedIn - Today
The individual is expected to focus on insurance, private equity, finance company, mortgage REIT ... Process credit requests in a timely manner to meet business deadlines and maintain the annual ...
Dice.com - 30 days ago
Lead independent model review and validation process for proprietary and third party financial ...  CMO, or ABS securities in a mortgage prepayment modeling capacity. * Candidates must have an ...
Dice.com - 30 days ago
StaffChase - Jersey City , NJ
... residential mortgage. Principle duties and responsibilities: (1) General Duties Act as LAU ... Report to Management, Supervisors and Account Officer all transactions that require special ...
LinkedIn - Today
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How much should you be earning in Mortgage Processing Officer in Oakwood, VA based on your current experience?
Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Mortgage Processing Officer in Oakwood, VA

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.
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LEVEL OF EDUCATION

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Average Base Salary

Core compensation

 
 
 
53263
68759
59728

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54820
71196
61617
What is the average salary for Mortgage Processing Officer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Processing Officer in Oakwood, VA. The base salary for Mortgage Processing Officer ranges from $53,263 to $68,759 with the average base salary of $59,728. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,820 to $71,196 with the average total cash compensation of $61,617.
Average Salary Average Salary Range
Base Salary $59,728 $53,263 - $68,759
Bonus $1,889 $1,557 - $2,437
Total Pay $61,617 $54,820 - $71,196
* 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.
CITY, STATE AVERAGE SALARY RANGE COMPARE TO Oakwood, VA
CITY, STATE Kingsport, TN AVERAGE SALARY RANGE $53,300 - $68,807 COMPARE TO Oakwood, VA
CITY, STATE Beckley, WV AVERAGE SALARY RANGE $55,087 - $71,114 COMPARE TO Oakwood, VA
CITY, STATE Johnson City, TN AVERAGE SALARY RANGE $53,101 - $68,550 COMPARE TO Oakwood, VA
CITY, STATE Charleston, WV AVERAGE SALARY RANGE $55,575 - $71,744 COMPARE TO Oakwood, VA
CITY, STATE Huntington, WV AVERAGE SALARY RANGE $54,495 - $70,350 COMPARE TO Oakwood, VA
CITY, STATE Hickory, NC AVERAGE SALARY RANGE $59,196 - $76,418 COMPARE TO Oakwood, VA
See salaries for Mortgage Processing Officer in locations close to Oakwood, VA. 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.
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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Mortgage Processing Manager LOCATION Oakwood, VA MINIMUM SALARY $113,145 MAXIMUM SALARY $128,540
JOB TITLE Mortgage Processing Assistant LOCATION Oakwood, VA MINIMUM SALARY $32,061 MAXIMUM SALARY $39,988
JOB TITLE Mortgage Payment Processing Clerk LOCATION Oakwood, VA MINIMUM SALARY $30,718 MAXIMUM SALARY $40,177
JOB TITLE Processing Manager - Mortgage Loans LOCATION Oakwood, VA MINIMUM SALARY $75,100 MAXIMUM SALARY $101,300
JOB TITLE Mortgage Officer LOCATION Oakwood, VA MINIMUM SALARY $40,745 MAXIMUM SALARY $51,947
JOB TITLE Chief Mortgage Officer LOCATION Oakwood, VA MINIMUM SALARY $172,470 MAXIMUM SALARY $285,580
The Mortgage Processing Officer 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 Oakwood, VA that might be a good fit for the type of job and salary you are looking for.

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53263
68759

 

About Oakwood, Virginia    Oakwood is an unincorporated area in Buchanan County, Virginia, located at the intersection of U.S. Route 460 and Secondary Route 624. The Appalachian....More

Oakwood, Virginia  area prices were up 1.3% from a year ago

Mortgage Processing Officer Salary in popular cities: Virginia BeachNorfolkChesapeake

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