Senior Mortgage Loan Officer Salary at Equity Wave Lending Inc BETA

How much does an Equity Wave Lending Inc Senior Mortgage Loan Officer make?

As of April 2025, the average annual salary for a Senior Mortgage Loan Officer at Equity Wave Lending Inc is $59,274, which translates to approximately $28 per hour. Salaries for Senior Mortgage Loan Officer at Equity Wave Lending Inc typically range from $51,639 to $68,404, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Equity Wave Lending Inc Overview

Website:
trustdeedbank.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

Equity Wave Lending was founded in 1992 in Irvine, California. The company provides loan services for investors, borrowers and bankers throughout residential and commercial areas in California.

See similar companies related to Equity Wave Lending Inc

What Skills Does a person Need at Equity Wave Lending Inc?

At Equity Wave Lending Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  2. Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  3. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  4. Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.
  5. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Related Jobs

Maxim Lending Corp
Laguna Hills , CA

Job Description Job Description Hiring senior loan officer We are seeking a highly motivated and experienced Senior Loan Officer to join our team. The ideal candidate will have at least 3 years of mortgage experience and a proven track record of success in the industry. We offer: - Best pricing in the industry (we offer lowest rates in the market) - Daily live transfers and internet leads -we are Licensed in 11 states (CA DRE, CA DFPI, AZ, CO, FL, GA,MD,MN,SC,TX,VA,WA) - Access to all programs available in the market including FHA and VA down to 500 credit score, DSCR, bank statement, JUMBO, hard money, construction and commercial, Down payment assistant. - Competitive compensation package (60 BP on all company leads based on 175 Margin and 125 BP on all self-Gent based on 175 Margin) - Access to loan sifter pricing engine (best in the industry you see raw pricing for every scenario) - Access to Velocify CRM (best CRM system in the industry) - Access to soft pull credit with no extra c


Sponsored
4/24/2025 12:00:00 AM
Griffin Funding
Laguna Niguel , CA

Job Description Job Description Loan Partner - Client Facing Loan Processor IN OFFICE ONLY * NO REMOTE * NO HYBRID Offices located in: San Diego, CA | Laguna Niguel, CA | Scottsdale, AZ Full-Time | Salary + Commission Why Griffin Funding? At Griffin Funding, we don’t just react to the mortgage market—we build ahead of it. Whether the Fed cuts rates or not, our teams are already moving, scaling, and producing. Our success is rooted in our culture, which is driven by GRIT. GRIT isn’t just a word—it’s who we are: Gumption: We take ownership, show up fully, and do the hard things. Resilience: We thrive through change with optimism and solutions. Integrity: We do what’s right—even when no one is watching. Tenacity: We finish what we start—on time and with pride. We are a company of self-starters, high achievers, and team players. We’re growing fast and looking for individuals who want to grow with us. About the Role: Loan Partner This isn’t a back-office-only processing role. As a Loan Part


Sponsored
4/23/2025 12:00:00 AM
Citigroup, Inc.
Chino Hills , CA

Citi Global Wealth brings together the full power of Citi to serve the entire continuum of wealth clients. The unified business supports ultra-high-net-worth individuals and family offices through Citi Private Bank, operates in the affluent and high-net worth segments through Citigold® and Citigold® Private Client and captures wealth management in the workplace through Citi Global Wealth at Work. The Senior Wealth Advisor will offer comprehensive financial and investment advice to our Citigold® and Citigold® Private Client segments. Senior Wealth Advisors have access to Wealth's leading investment solutions platform, which allows us to deliver traditional and alternative investments, managed account solutions, best-in-class research and advice for all Wealth clients. The client is at the center of everything we do. As a Senior Wealth Advisor, you will partner closely with a dedicated Wealth team to meet the financial needs of our Affluent and High-Net Worth clients, including a Wealth


Sponsored
4/23/2025 12:00:00 AM
GoodLeap
Irvine , CA

Note: This position is also available at our campuses in Scottsdale, AZ, Irvine, CA, Dallas, TX, and Sacramento, CA. ABOUT GoodLeap We provide friendly financing options for those who dream of living a more sustainable lifestyle and want to save money using modern technology. Our collective mission is to make a positive impact on the planet, build lasting relationships with our valued partners and customers, and deliver a tech-enabled financing experience that is simple, fast, and frictionless. We are creating a financial ecosystem that connects billions of dollars of capital to millions of homeowners that want to convert their outdated houses into modern, smart, energy-efficient homes. By unlocking access to numerous products that help people achieve better sustainability, we are revolutionizing the home improvement industry and protecting our only planet. As part of our world-positive initiative, we are also the official sponsor of GivePower – a foundation that uses solar-based solut


Sponsored
4/22/2025 12:00:00 AM
East West Bank
El Monte , CA

Introduction: Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further. Overview: East West Bank is currently seeking a Senior Loan Processor. T


Sponsored
4/22/2025 12:00:00 AM
Griffin Funding
Laguna Niguel , CA

Job Description Job Description Join Griffin Funding – Where Values Drive Success At Griffin Funding, we don't just hire talent—we invest in longevity, growth, and alignment with our core values: Extreme Ownership Discipline & Consistency Trust & Teamwork Grit & Adaptability Speed & Urgency As a processor, you will be given all the technology tools to set up your desk/office, full benefits & 401K matching after 90 days, paid time off, and extensive resources for your success. We're committed to building high-performing, high-integrity teams that thrive in a fast-paced, rapidly evolving mortgage environment. As we continue to thrive and grow, we have immediate needs for a Senior Non-QM Mortgage Loan Processor who’s ready to take ownership, hit the ground running, and help us continue to deliver white-glove service to our clients. **Senior Non-QM Mortgage Loan Processor** Location: Remote or Office-Based (Offices located in Scottsdale, AZ // San Diego, CA // Laguna Niguel, CA - in office


Sponsored
4/21/2025 12:00:00 AM
Citigroup, Inc.
Fullerton , CA

Citi Global Wealth brings together the full power of Citi to serve the entire continuum of wealth clients. The unified business supports ultra-high-net-worth individuals and family offices through Citi Private Bank, operates in the affluent and high-net worth segments through Citigold® and Citigold® Private Client and captures wealth management in the workplace through Citi Global Wealth at Work. The Senior Wealth Advisor will offer comprehensive financial and investment advice to our Citigold® and Citigold® Private Client segments. Senior Wealth Advisors have access to Wealth's leading investment solutions platform, which allows us to deliver traditional and alternative investments, managed account solutions, best-in-class research and advice for all Wealth clients. The client is at the center of everything we do. As a Senior Wealth Advisor, you will partner closely with a dedicated Wealth team to meet the financial needs of our Affluent and High-Net Worth clients, including a Wealth


Sponsored
4/20/2025 12:00:00 AM
Citigroup
Los Angeles , CA

Citi Global Wealth brings together the full power of Citi to serve the entire continuum of wealth clients. The unified business supports ultra-high-net-worth individuals and family offices through Citi Private Bank, operates in the affluent and high-net worth segments through Citigold and Citigold Private Client and captures wealth management in the workplace through Citi Global Wealth at Work. The Senior Wealth Advisor will offer comprehensive financial and investment advice to our Citigold and Citigold Private Client segments. Senior Wealth Advisors have access to Wealths leading investment solutions platform, which allows us to deliver traditional and alternative investments, managed account solutions, best-in-class research and advice for all Wealth clients. The client is at the center of everything we do. As a Senior Wealth Advisor, you will partner closely with a dedicated Wealth team to meet the financial needs of our Affluent and High-Net Worth clients, including a Wealth Relat


Sponsored
4/20/2025 12:00:00 AM

Check more jobs information at Equity Wave Lending Inc

Job Title Average Equity Wave Lending Inc Salary Hourly Rate
2 Account Executive $69,508 $33
3 Loan Servicing Assistant $38,640 $19
4 National Sales Manager $229,423 $110
5 President $766,782 $369
6 Sales Associate $92,731 $45
7 Senior Underwriter $132,099 $64
8 Executive $266,264 $128
9 Executive Assistant $79,454 $38
10 Expeditor $59,925 $29
11 Senior Account Executive $81,847 $39
12 Senior Loan Specialist $52,553 $25

Hourly Pay at Equity Wave Lending Inc

The average hourly pay at Equity Wave Lending Inc for a Senior Mortgage Loan Officer is $28 per hour. The location, department, and job description all have an impact on the typical compensation for Equity Wave Lending Inc positions. The pay range and total remuneration for the job title are shown in the table below. Equity Wave Lending Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $59,274 look to you?

FAQ about Salary and Jobs at Equity Wave Lending Inc

1. How much does Equity Wave Lending Inc pay per hour?
The average hourly pay is $28. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Equity Wave Lending Inc?
According to the data, the highest approximate salary is about $68,404 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Equity Wave Lending Inc?
According to the data, the lowest estimated salary is about $51,639 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.