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.
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 | $59,728 | $53,263 - $68,759 |
Bonus | $1,889 | $1,557 - $2,437 |
Total Pay | $61,617 | $54,820 - $71,196 |
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 |
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 |
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 Beach, Norfolk, Chesapeake
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