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Mortgage Processing Manager salary in Canada

Average Yearly Salary of Mortgage Processing Manager in Canada is approximately 73,804 CAD (74,035 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Mortgage Processing Manager do?

occupation personasA mortgage processing manager is responsible for overseeing the entire mortgage application process from start to finish. They ensure that all required documents are collected, reviewed, and processed accurately and efficiently. This includes verifying borrower information, conducting credit checks, ordering property appraisals, and coordinating with various parties such as loan officers, underwriters, and title companies. The mortgage processing manager also ensures compliance with all relevant laws and regulations, manages a team of mortgage processors, and provides training and guidance when needed. They play a crucial role in maintaining high customer satisfaction by ensuring timely and smooth mortgage approvals.

Skills: Mortgage processing, Manager, Loan processing, Mortgage industry, Compliance, Customer satisfaction
Job industry: Finance


How much does Mortgage Processing Manager make?

Salary details
How much does Mortgage Processing Manager make?
Estimated Yearly Salary: 73,804 CAD
Estimated Monthly Salary: 6,150 CAD
Estimated Weekly Salary: 1,419 CAD per week
Estimated Hourly Salary: 35 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 71,581 CAD
Estimated Monthly Salary: 5,965 CAD
Estimated Weekly Salary: 1,377 CAD per week
Estimated Hourly Salary: 34 CAD per hour
Last revision of data: 2024-01-02



Mortgage Processing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 74,035 USD
Estimated Monthly Salary: 6,170 USD
Estimated Weekly Salary: 1,424 USD per week
Estimated Hourly Salary: 36 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Canada is a vast country located in North America. It has a population of approximately 38 million people, making it the second-largest country by land area and the tenth-largest by population. With a total area of about 9.98 million square kilometers, Canada is known for its breathtaking landscapes, including mountains, forests, lakes, and coastlines.

Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Processing Manager job salary compared to average salary in Canada.
Comparison shows that a person working as Mortgage Processing Manager in Canada earns on average:
1.04 times the average salary (or 104% of average salary).

Is Mortgage Processing Manager a well paid job?

Yes, our data show that Mortgage Processing Manager is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Mortgage Processing Manager?

High salary for Mortgage Processing Manager would be somewhere between 81,184 CAD and 107,016 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mortgage Processing Manager in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 73,804 CAD
Estimated Monthly Salary: 6,150 CAD
Estimated Weekly Salary: 1,419 CAD per week
Estimated Hourly Salary: 35 CAD per hour
By working as Mortgage Processing Manager a person can save up to 4,051 USD per month or 48,614 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Mortgage Processing Manager

United States Of America is 79,924 USDup arrow 8%
Details on Mortgage Processing Manager salary in United States Of America
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

(552,602 CAD per year, pre-tax.)
(460,219 CAD per year, pre-tax.)
(446,188 CAD per year, pre-tax.)
(430,825 CAD per year, pre-tax.)
(430,370 CAD per year, pre-tax.)
(421,037 CAD per year, pre-tax.)
(420,203 CAD per year, pre-tax.)
(419,967 CAD per year, pre-tax.)
(419,948 CAD per year, pre-tax.)
(419,552 CAD per year, pre-tax.)

Data as of 2025

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The salary figures presented here are meant for reference purposes solely.
Salary details displayed on this website are intended for informational purposes only. Our data comes from various sources and may not always be up to date. Users should cross-reference salary information through other means before making financial commitments. The figures shown here may change due to factors such as company policies, experience levels, and demand shifts. We do not guarantee that the data provided is error-free. By accessing this website, you accept that salary information is offered 'as is' and without assurances.
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