Career

Mortgage Documentation Specialist Salary In Nevada 2024

Learn everything you need to know about becoming a Mortgage Documentation Specialist, including salary, schools, and programs.

Mortgage Documentation Specialist Salary in Nevada

Annual Median: $46,750
Hourly Median: $22.48

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Mortgage Documentation Specialist Nevada Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$33,440$16.08
25th$38,840$18.68
Median$46,750$22.48
75th$60,150$28.92
90th$64,270$30.9

Best Schools to become a Mortgage Documentation Specialist in Nevada 2024

University of Nevada-Las Vegas

Las Vegas, NV

In-State Tuition:$8,159
Out-of-State Tuition:$24,701
Admission Rate:85%
Graduation Rate:47%
Total Enrollment:30,660

College of Southern Nevada

Las Vegas, NV

In-State Tuition:$3,383
Out-of-State Tuition:$11,284
Admission Rate:N/A
Graduation Rate:17%
Total Enrollment:28,901

University of Nevada-Reno

Reno, NV

In-State Tuition:$8,133
Out-of-State Tuition:$24,687
Admission Rate:86%
Graduation Rate:62%
Total Enrollment:20,945

Nevada State College

Henderson, NV

In-State Tuition:$5,550
Out-of-State Tuition:$19,289
Admission Rate:82%
Graduation Rate:32%
Total Enrollment:7,169

Roseman University of Health Sciences

Henderson, NV

In-State Tuition:$38,800
Out-of-State Tuition:$38,800
Admission Rate:N/A
Graduation Rate:N/A
Total Enrollment:1,479

Great Basin College

Elko, NV

In-State Tuition:$3,607
Out-of-State Tuition:$10,967
Admission Rate:N/A
Graduation Rate:48%
Total Enrollment:3,197

Mortgage Documentation Specialist Salary in Nevada FAQs

  • What skills are important for a Credit Assessment Clerk in Nevada?
    As a Credit Assessment Clerk, you should possess strong analytical skills to evaluate credit data effectively. Attention to detail is crucial, along with customer service skills, as you often interact with clients. Proficiency in spreadsheet software and familiarity with credit assessment tools is also beneficial.

  • How does experience impact salary for Credit Assessment Clerks in Nevada?
    Generally, more experience in credit assessment or related fields can lead to higher salaries. Employers often value years of relevant experience, which can result in enhanced responsibilities and potentially more lucrative positions. It's beneficial to seek opportunities for advancement to further increase your earning potential.

  • What educational background is typically preferred for this role?
    A high school diploma is the minimum requirement for most positions. However, many employers prefer candidates with an associate's or bachelor’s degree in finance, business administration, or a related field. Additional certifications in credit analysis can also enhance your qualifications and future salary prospects.

  • Are there additional certifications that could benefit a Credit Assessment Clerk?
    Yes, obtaining certifications such as the Credit Business Associate (CBA) or Certified Credit Professional (CCP) can enhance your credentials. These certifications demonstrate your expertise and commitment to the field, potentially leading to better job opportunities and higher salary ranges.

  • What are the typical benefits offered alongside salaries for Credit Assessment Clerks?
    Employers in Nevada often provide a range of benefits that can complement your salary, including health insurance, retirement plans, paid time off, and sometimes bonuses. Benefits vary significantly by employer, so it’s advisable to inquire about specific offerings during the job application process.

  • How does the cost of living in Nevada affect salaries for Credit Assessment Clerks?
    The cost of living in Nevada can vary significantly depending on your specific location within the state. Generally, urban areas like Las Vegas and Reno may have a higher cost of living compared to rural areas. This can influence salary levels, as employers may adjust compensation to attract talent in higher-cost regions.

  • What career advancement opportunities are available for Credit Assessment Clerks?
    With experience and additional training, Credit Assessment Clerks may advance to positions such as Credit Analyst, Credit Manager, or Senior Credit Officer. Pursuing advanced degrees or specialized certifications can further enhance your eligibility for these higher-level roles, which often come with increased responsibilities and salaries.

  • Are there specific industries that pay more for Credit Assessment Clerks?
    Yes, various industries exhibit different salary ranges for Credit Assessment Clerks. Financial institutions, such as banks and credit unions, as well as larger corporations with dedicated credit assessment teams, tend to offer higher salaries relative to smaller organizations or less specialized fields.

  • How does the job market outlook look for Credit Assessment Clerks in Nevada?
    The job market for Credit Assessment Clerks is generally stable, with steady demand due to ongoing needs for credit evaluations across various sectors. Economic fluctuations and consumer behavior can influence hiring trends, but credit assessment roles remain an integral part of financial operations.

  • What are the typical work hours for a Credit Assessment Clerk?
    Most Credit Assessment Clerks work a standard full-time schedule, typically from Monday to Friday. However, some positions may require flexibility to work overtime or weekends, especially during peak financial periods or project deadlines.