Salary for mortgage administrator

Average salary

1900 £

Basic salary	1300 £
Maximum Wage	2500 £

1300 £
Lowest

1900 £
Average

2500 £
Highest

mortgage administrator - How much money do you make working at this position?

The average salary for the mortgage administrator position is 1900 £

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MORGAN MCKINLEY GROUP Based on 2 job offers	3750 £
MARKET TALENT Based on 3 job offers	3333 £
ARC	2500 £
WHEN THE BANK SAYS NO	2500 £
DEVERELL SMITH HOLDINGS Based on 5 job offers	2417 £
PERSONNEL SELECTION ASSOCIATES Based on 6 job offers	2375 £
VALOREM PARTNERS	2333 £
FINANCIAL DIVISIONS Based on 12 job offers	2333 £
ALEX DE SILVA & CO	2333 £
KNIGHT TEMPLE RECRUITMENT	2333 £

Salary in companies

MORGAN MCKINLEY GROUP	3750 £	1300 £ 3750 £
MARKET TALENT	3333 £	1300 £ 3750 £
ARC	2500 £	1300 £ 3750 £
WHEN THE BANK SAYS NO	2500 £	1300 £ 3750 £
DEVERELL SMITH HOLDINGS	2417 £	1300 £ 3750 £
PERSONNEL SELECTION ASSOCIATES	2375 £	1300 £ 3750 £
VALOREM PARTNERS	2333 £	1300 £ 3750 £
FINANCIAL DIVISIONS	2333 £	1300 £ 3750 £
ALEX DE SILVA & CO	2333 £	1300 £ 3750 £
KNIGHT TEMPLE RECRUITMENT	2333 £	1300 £ 3750 £

Comment on the job position of mortgage administrator

Requirements

at least 5 years of relevant administration or customer services/support experience
working experience in Banking
morgan McKinley is acting as an Employment Agency and references to pay rates are indicative
execution of Housing Loan facilities
security Documentation
management Information Reporting
qualifications: A level to degree level/AIB or equivalent/Advanced PC skills and at least 5 years’ experience in banking
administrative Support
case Management
mortgage Lending
income Protection
sales Support
communicate and establish courteous relationships with clients
manage all mortgage cases from submission to offer, exchange and completion
getting suitable terms for clients from Providers
ensuring that all the required case documentation is forwarded to the Life Insurance Providers, Lenders and Solicitors
liaise with Insurance Providers, Clients, Lenders, Solicitors, Surveyors and GP Surgeries, dealing with their queries concerning Mortgage, Life & General Insurance applications
interpersonal Skills
organisational Skills
problem Solving

Responsibility

provide complete documentation package to Relationship Manager’s for internal/external signatures
interact with surveyors to prepare valuation reports and ensure compliance with credit approvals
file copies of LDARs and respective loan documents according to bank procedures
manage and follow-up on any deficiencies relating to documentation and covenants as well as limit breaches, insurances, etc
prepare/compile all loan documentation; e.g. loan agreements, legal charges , personal guarantees, assignment of rental income, charges over deposit, etc)
assist with Retail Loans’ annual reviews
assist with the general administration of the section including management information reporting, departmental filing and archiving
interact with solicitors to ensure the conveyance is completed in a timely manner and that all relevant matters in the valuation reports are addressed in Reports on Title
to maintain and update departmental policy and procedures manuals as required
prepare the Loan Drawdown Authority Request in accordance with the facility approval and follow up with Loans Admin to ensure timely and correct drawdown
maintenance of Security Register
updating Loans Tracker regularly particularly with regard to completion dates. This should be done at the end of each day
maintain a diary system in order to be alerted when to chase and find out what is happening with a property
job details
posted
21 September 2023
salary
location
working alongside 2 experienced mortgage brokers
making sure all cases are progressed efficiently

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