VP of Mortgage Lending Salary in Gaithersburg, MD

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How much does a VP of Mortgage Lending make in Gaithersburg, MD? The average VP of Mortgage Lending salary in Gaithersburg, MD is $296,832 as of August 27, 2024, but the salary range typically falls between $225,322 and $368,658. 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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Salary range for a VP of Mortgage Lending

$225,322 to $368,658

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What is a VP of Mortgage Lending?

The Vice President of Mortgage Lending is responsible for overseeing all aspects of the mortgage lending department within a financial institution. This includes developing and implementing lending strategies, managing a team of loan officers and processors, ensuring compliance with all regulatory requirements, and maintaining strong relationships with borrowers, real estate agents, and other industry professionals. The VP of Mortgage Lending also plays a key role in setting and achieving lending targets, monitoring market trends, and identifying opportunities for business growth. Additionally, they are responsible for ensuring the overall success and profitability of the mortgage lending department.

See user submitted job responsibilities for VP of Mortgage Lending.

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Job Openings for VP of Mortgage Lending in Gaithersburg, MD

Executive Vice President of Recruiting

Launch Consulting Group - Bellevue , WA

EXECUTIVE VICE PRESIDENT OF RECRUITING Location: TBD Company overview: At Launch Consulting, we are a trusted partner in digital transformation, helping clients navigate complex challenges through ...

LinkedIn - 2 days ago

VP of Talent (Equity-Only) - Pre-IPO Startup [28675]

Stealth - San Francisco , CA

As the VP of Talent , you will spearhead the development of our talent strategy, focusing on attracting, retaining, and nurturing top talent across key functions. You'll manage the full recruitment ...

LinkedIn - 3 days ago

Vice President of Advancement

Cristo Rey Jesuit Seattle - Seattle , WA

Vice President of Advancement Are you passionate about creating opportunities for students who would otherwise not have access to a high-quality college-prep Jesuit education and professional work ...

LinkedIn - 10 days ago

Vice President of Artificial Intelligence

WellRithms - Portland , OR

Our Ideal Candidate As Vice President of Artificial Intelligence (AI), you will be responsible for shaping and executing the organization's AI strategy. You will collaborate with various departments ...

ZipRecruiter - 3 days ago

Vice President of Operations/Site Director

Teledyne Defense Electronics - Rancho Cordova , CA

A key member of upper management, the Vice President of Operations/Site Director serves as site leadership responsible for ensuring that the company's everyday activities run smoothly. This ...

LinkedIn - 31 days ago

Vice President of Strategy and Policy

Kawerak, Inc. - Nome , AK

Vice President of Strategy and Policy POSITION STATUS: Regular, Full-time LOCATION: Nome EXEMPT STATUS: Exempt PAY SCALE GRADE: 19 - 20 - 21 REPORTS TO: President The Vice President of Strategy and ...

JobLeads - 32 days ago

What does a VP of Mortgage Lending do?

Common responsibilities of a VP of Mortgage Lending

Oversee the mortgage lending team and provide leadership, guidance, and support to ensure high performance and productivity.

September 01, 2023

Monitor and analyze key performance indicators and financial metrics to assess the overall performance of the mortgage lending department.

September 02, 2023

Monitor and manage the mortgage loan pipeline to ensure timely and efficient processing and closing of loans.

September 07, 2023

Develop and implement training programs for mortgage lending staff to enhance their skills and knowledge.

September 19, 2023

Ensure compliance with all federal and state regulations and company policies related to mortgage lending.

October 03, 2023

Establish and maintain relationships with real estate agents, builders, and other referral sources to generate mortgage loan leads.

October 08, 2023

Collaborate with other departments, such as underwriting and loan processing, to streamline and improve the mortgage lending process.

October 14, 2023

Participate in community events and networking opportunities to promote the mortgage lending services of the company.

October 29, 2023

Develop and implement strategic plans to achieve mortgage lending goals and objectives.

November 06, 2023

Analyze market trends and competitor activities to identify opportunities for growth and improvement in mortgage lending operations.

November 23, 2023

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VP of Mortgage Lending Salary By Experience Levels in Gaithersburg, MD

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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.

VP of Mortgage Lending Salary By Level of Education in Gaithersburg, MD

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Average Salary Range for VP of Mortgage Lending in Gaithersburg, MD

Average Base Salary

Core compensation

225322

368658

296832

Average Total Cash Compensation

Includes base and annual incentives

287118

580528

409342

What is the average salary for VP of Mortgage Lending in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of VP of Mortgage Lending in Gaithersburg, MD. The base salary for VP of Mortgage Lending ranges from $225,322 to $368,658 with the average base salary of $296,832. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $287,118 to $580,528 with the average total cash compensation of $409,342.

View Average Salary for VP of Mortgage Lending as table

	Average Salary	Average Salary Range
Base Salary	$296,832	$225,322 - $368,658
Bonus	$112,510	$61,797 - $211,870
Total Pay	$409,342	$287,118 - $580,528

* 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.

VP of Mortgage Lending Salary Near Gaithersburg, MD

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Gaithersburg, MD
CITY, STATE Germantown, MD	AVERAGE SALARY RANGE $219,325 - $358,847	COMPARE TO Gaithersburg, MD
CITY, STATE Rockville, MD	AVERAGE SALARY RANGE $225,699 - $369,276	COMPARE TO Gaithersburg, MD
CITY, STATE Potomac, MD	AVERAGE SALARY RANGE $225,835 - $369,499	COMPARE TO Gaithersburg, MD
CITY, STATE Silver Spring, MD	AVERAGE SALARY RANGE $225,971 - $369,721	COMPARE TO Gaithersburg, MD
CITY, STATE Bethesda, MD	AVERAGE SALARY RANGE $225,971 - $369,721	COMPARE TO Gaithersburg, MD
CITY, STATE Columbia, MD	AVERAGE SALARY RANGE $208,337 - $340,869	COMPARE TO Gaithersburg, MD

See salaries for VP of Mortgage Lending in locations close to Gaithersburg, MD. 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.

About Gaithersburg, Maryland

Gaithersburg (pronunciation (help·info)), officially the City of Gaithersburg, is a city in Montgomery County, Maryland. At the time of the 2010 U.S. Census, Gaithersburg had a population of 59,933, making it the fourth largest incorporated city in the state, behind Baltimore, Frederick, and Rockville. Gaithersburg is located to the northwest of Washington, D.C., and is considered a suburb and a primary city within the Washington–Arlington–Alexandria, DC–VA–MD–WV Metropolitan Statistical Area. Gaithersburg was incorporated as a town in 1878 and as a city in 1968. Gaithersburg is divided into e...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE VP of Lending	LOCATION Gaithersburg, MD	MINIMUM SALARY $175,300	MAXIMUM SALARY $242,900
JOB TITLE Mortgage Lending Manager	LOCATION Gaithersburg, MD	MINIMUM SALARY $104,704	MAXIMUM SALARY $163,529
JOB TITLE Mortgage Lending Branch Manager	LOCATION Gaithersburg, MD	MINIMUM SALARY $97,892	MAXIMUM SALARY $134,530
JOB TITLE Mortgage Lending Assistant Manager	LOCATION Gaithersburg, MD	MINIMUM SALARY $81,734	MAXIMUM SALARY $117,850
JOB TITLE Mortgage Lending Officer	LOCATION Gaithersburg, MD	MINIMUM SALARY $45,235	MAXIMUM SALARY $56,389
JOB TITLE Vice President of Mortgage Lending	LOCATION Gaithersburg, MD	MINIMUM SALARY $219,290	MAXIMUM SALARY $363,190

The VP of Mortgage Lending 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 Gaithersburg, MD that might be a good fit for the type of job and salary you are looking for.

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225322

368658

About Gaithersburg, Maryland Gaithersburg (pronunciation (help·info)), officially the City of Gaithersburg, is a city in Montgomery County, Maryland. At the time of the 2010 U.S. ....More

Gaithersburg, Maryland area prices were up 1.3% from a year ago

VP of Mortgage Lending Salary in popular cities: Baltimore, Columbia, Germantown

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