Mortgage Banking Salary Survey - 3 Example Jobs:
Chief Executive Officer | Appraiser Residential | Fraud Investigator
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Area: 193000700000
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Survey Title: Mortgage Banking Salary Survey
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Categories
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No. of
Incumbents
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Mean
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First
Decile
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First
Quartile
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Median
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Third
Quartile
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Ninth
Decile
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Rate of
Error
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Public Databases
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Annual Salary
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$49,574
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$28,511
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$36,516
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$48,891
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$63,169
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$71,736
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Incentive/Variable Pay
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$2,761
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$663
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$2,734
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$5,941
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$7,865
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Total Direct Annual Compensation
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$52,335
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$28,511
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$37,179
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$51,625
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$69,110
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$79,601
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2
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ERI Assessor Databases
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Annual Salary
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$48,144
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$39,830
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$43,386
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$47,417
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$52,657
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$57,279
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Incentive/Variable Pay
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$1,387
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$1,147
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$1,249
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$1,365
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$1,516
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$1,650
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Total Direct Annual Compensation
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$49,531
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$40,977
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$44,635
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$48,782
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$54,173
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$58,929
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Survey Participants' Databases
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Annual Salary
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$55,371
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$42,195
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$48,212
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$54,467
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$60,722
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$66,739
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Incentive/Variable Pay
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Total Direct Annual Compensation
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$55,371
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$42,195
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$48,212
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$54,467
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$60,722
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$66,739
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Position Description
Assesses improved or unimproved residential property to determine value for purchase, sale, investment, mortgage, or loan purposes. Inspects residential property for construction, condition, and functional design and calculates property measurements. Ascertains final estimation of property value, considering factors such as depreciation, reproduction costs, value comparison of similar property, and income potential. Receives pertinent information by interviewing people familiar with residential property and immediate surroundings, such as contractors, home owners, and other realtors.
Considers location and trends or impending changes that could influence future value of residential property. Searches public records for transactions, such as sales, leases, and assessments. Photographs interiors and exteriors of residential property, to assist in estimating property value, to substantiate findings, and to complete appraisal report. Prepares written report, utilizing data collected and submits report to corroborate value established. May direct activities of appraisers. May evaluate staff job performance and recommend measures to improve performance according to establishment policies and procedures.
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Privacy Policy Terms of Use
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Copyright © 2013 ERI Economic Research Institute, Inc. All rights reserved. ERI Economic Research Institute is an Authorized User of selected Statistics Canada data under Agreement Number 6184. ERI’s intellectual property rights include Patent Nos. 6,862,596 and 7,647,322, "System and method for retrieving and displaying data, such as economic data relating to salaries, cost of living and employee benefits." Other Internet-related applications are Patents Pending.
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