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The average salary for employees in Residential Finance is approximately $43,950 per year. Salaries can differ significantly based on specific job roles, departments, and locations. For example, positions in finance typically offer competitive compensation compared to administrative roles. Highest-paying positions often include managerial and specialized finance roles. This information is crucial for job seekers and current employees aiming to evaluate their career paths and salary expectations within the industry.
In terms of departmental salaries, finance and marketing roles generally command higher pay compared to administrative positions. Understanding these distinctions can help individuals make informed decisions about their career trajectory. By exploring salary ranges in various departments, employees can assess where they might fit best or aim for advancement.
The highest paying jobs at Residential Finance are communications director, director of human resources, information technology administrator, and team leader. Communications director jobs at Residential Finance earn an average yearly salary of $119,614, Residential Finance director of human resources jobs average $99,288, and Residential Finance information technology administrator jobs average $97,063.
The lowest paying Residential Finance roles include mortgage banker and receptionist secretary. Residential Finance mortgage banker average salary is $27,362 per year. So while the average Residential Finance salary is $43,950 there is a big variation in pay depending on the role.
| Rank | Job title | Average Residential Finance salary | Hourly rate |
|---|---|---|---|
| 1 | Communications Director | $119,614 | $57.51 |
| 2 | Director Of Human Resources | $99,288 | $47.73 |
| 3 | Information Technology Administrator | $97,063 | $46.66 |
| 4 | Team Leader | $96,491 | $46.39 |
| 5 | Marketing Administrator | $89,945 | $43.24 |
| 6 | Sales Professional | $82,224 | $39.53 |
| 7 | Systems Analyst | $80,478 | $38.69 |
| 8 | Finance Officer | $77,374 | $37.20 |
| 9 | Account Executive | $71,216 | $34.24 |
| 10 | Finance Analyst | $70,421 | $33.86 |
| 11 | Quality Assurance Specialist | $65,784 | $31.63 |
| 12 | Internal Auditor | $63,877 | $30.71 |
| 13 | Quality Assurance Auditor | $63,852 | $30.70 |
| 14 | Process Leader | $63,074 | $30.32 |
| 15 | Senior Underwriter | $62,998 | $30.29 |
| 16 | Human Resources Generalist | $60,385 | $29.03 |
| 17 | Marketing Copywriter | $59,681 | $28.69 |
| 18 | Mortgage Underwriter | $58,383 | $28.07 |
| 19 | Staff Accountant | $58,028 | $27.90 |
| 20 | Branch Manager | $55,739 | $26.80 |
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Salaries at Residential Finance vary depending on the department you work in. Residential Finance salaries in the it department are the highest with an average salary of $84,582. Employees in the sales department at Residential Finance receive relatively high salaries as well, with an average salary of $79,079 per year. Departments that don't pay as well at Residential Finance include the customer service and the finance organizational functions, with employees earning average salaries of $36,491 and $38,685, respectively.
| Rank | Department | Average Residential Finance salary | Hourly rate |
|---|---|---|---|
| 1 | IT | $84,582 | $40.66 |
| 2 | Sales | $79,079 | $38.02 |
| 3 | Plant/Manufacturing | $72,695 | $34.95 |
| 4 | Accounting | $62,151 | $29.88 |
| 5 | Marketing | $54,926 | $26.41 |
| 6 | Retail | $44,063 | $21.18 |
| 7 | Administrative | $43,149 | $20.74 |
| 8 | Finance | $38,686 | $18.60 |
| 9 | Customer Service | $36,492 | $17.54 |
| Rank | Position | Average Residential Finance salary | Hourly rate |
|---|---|---|---|
| 1 | Finance Analyst | $70,421 | $33.86 |
| 2 | Process Leader | $63,074 | $30.32 |
| 3 | Senior Underwriter | $62,998 | $30.29 |
| 4 | Mortgage Underwriter | $58,383 | $28.07 |
| 5 | Branch Manager | $55,739 | $26.80 |
| 6 | Closing Coordinator | $42,202 | $20.29 |
| 7 | Loan Processor | $39,241 | $18.87 |
| 8 | Insurance Specialist | $37,068 | $17.82 |
| 9 | Junior Processor | $35,726 | $17.18 |
| 10 | Senior Loan Officer | $34,586 | $16.63 |
| 11 | Mortgage Banker | $27,362 | $13.15 |
| Rank | Position | Average Residential Finance salary | Hourly rate |
|---|---|---|---|
| 1 | Marketing Manager | $99,054 | $47.62 |
| 2 | Marketing Analyst | $70,419 | $33.86 |
| 3 | Social Media Internship | $35,763 | $17.19 |
| 4 | Telemarketer | $35,070 | $16.86 |
| 5 | Public Relations Internship | $35,054 | $16.85 |
| Rank | Position | Average Residential Finance salary | Hourly rate |
|---|---|---|---|
| 1 | Executive Assistant | $51,409 | $24.72 |
| 2 | Office Manager | $47,473 | $22.82 |
| 3 | Administrative Assistant | $38,655 | $18.58 |
| 4 | Funding Specialist | $35,944 | $17.28 |
| 5 | Receptionist Secretary | $31,350 | $15.07 |
Average salaries at Residential Finance competitors, like The Money Source, First Preferred Mortgage, and CTX MORTGAGE Co LLC, vary. The Money Source employees earn the highest salaries, with an average yearly salary of $62,363. The average salary at First Preferred Mortgage is $60,604 per year, and the average salary at CTX MORTGAGE Co LLC is $59,031 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | The Money Source | 3.8 | $62,363 |
| 2 | First Preferred Mortgage | 3.6 | $60,604 |
| 3 | CTX MORTGAGE Co LLC | 4.1 | $59,031 |
| 4 | Premier Mortgage Funding | 3.8 | $58,742 |
| 5 | American Mortgage | 4.4 | $58,486 |
| 6 | Cardinal Financial | 4.5 | $55,007 |
| 7 | American Home Mortgage | 4.3 | $51,323 |
| 8 | loanDepot | 4.7 | $50,440 |
| 9 | Wyndham Capital Mortgage | 4.2 | $50,305 |
| 10 | American Bancorp | 4.3 | $49,055 |
| 11 | Quicken Loans | 4.1 | $48,006 |
| 12 | First Residential Mortgage Network, Inc. | 4.0 | $47,124 |
| 13 | Franklin First Financial | 4.4 | $46,318 |
| 14 | US Mortgage | 4.3 | $44,067 |
| 15 | Primary Residential Mortgage | 4.7 | $43,782 |
| 16 | First Mortgage | 4.8 | $43,538 |
| 17 | Allied Home Mortgage | 4.4 | $42,777 |
| 18 | Supreme Lending | 4.5 | $42,721 |
| 19 | Network Capital | 4.2 | $37,891 |
| 20 | CBC National Bank Mortgage | 4.1 | $36,256 |
Zippia gives an in-depth look into the details of Residential Finance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Residential Finance. The employee data is based on information from people who have self-reported their past or current employments at Residential Finance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Residential Finance. The data presented on this page does not represent the view of Residential Finance and its employees or that of Zippia.
Residential Finance may also be known as or be related to RESIDENTIAL FINANCE CORP, Residential Finance and Residential Finance Corporation.