Average Mortgage Collection Manager Salary in Monterrey, Mexico for 2026

In this article, we will look at the average Mortgage Collection Manager salary for 2026 in Monterrey and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Mortgage Collection Manager Make in Monterrey?

A Mortgage Collection Manager working in Monterrey will typically earn around 663,100 MXN per year, and this can range from the lowest average salary of about 351,900 MXN to the highest average salary of 1,006,300 MXN.

Average Annual Salary663,100 MXN
Average Monthly Salary55,258 MXN
Average Lowest Salary351,900 MXN
Lowest Monthly Salary29,325 MXN
Average Highest Salary1,006,300 MXN
Highest Monthly Salary83,858 MXN

These are average salaries for a Mortgage Collection Manager in Monterrey and include benefits such as housing and transport. It's also possible for a Mortgage Collection Manager to earn more or less than the average salaries shown above.

Mortgage Collection Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Mortgage Collection Manager Salaries in Monterrey

So we've looked at the average salaries a Mortgage Collection Manager will earn in Monterrey. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Mortgage Collection Manager can earn between 351,900 MXN and 1,006,300 MXN on average in Monterrey. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Mortgage Collection Manager in Monterrey is 623,200 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 623,200 MXN, and 50% of the population earn more than 623,200 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Mortgage Collection Manager salary in Monterrey, 25% of the population are earning less than 437,900 MXN while 75% of the population earn more than 437,900 MXN.

75% of the population earn less than 767,400 MXN, and 25% of the population earn more than 767,400 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Mortgage Collection Manager Salary by Experience Level in Monterrey

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Mortgage Collection Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Mortgage Collection Manager in Monterrey that has less than two years of experience can expect to earn somewhere in the region of 406,300 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Mortgage Collection Manager salary would increase to 496,100 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Mortgage Collection Manager, the average salary would be 704,300 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 819,000 MXN.
  • 15 - 20 Years Experience. A Mortgage Collection Manager with 15 to 20 years of experience can earn an average of 903,500 MXN.
  • 20+ Years Experience. For a Mortgage Collection Manager with more than 20 years, the expected average salary increases to 956,200 MXN.

Average Salary by Experience Chart

0-2 Years-
406,300 MXN
2-5 Years+23%
496,100 MXN
5-10 Years+42%
704,300 MXN
10-15 Years+17%
819,000 MXN
15-20 Years+10%
903,500 MXN
20+ Years+6%
956,200 MXN

Mortgage Collection Manager Salary by Education Level in Monterrey

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Mortgage Collection Manager in Monterrey based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Mortgage Collection Manager in Monterrey with a bachelor's degree education can earn an average salary of 454,900 MXN.
  • Master's Degree. A Mortgage Collection Manager in Monterrey with a master's degree education can earn an average salary of 882,400 MXN.

Average Salary by Education Chart

Bachelor's Degree-
454,900 MXN
Master's Degree+93%
882,400 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Mortgage Collection Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Monterrey, a male mortgage collection manager will earn an average of 548,800 MXN, while a female mortgage collection manager will earn around 489,600 MXN.

This means that a male mortgage collection manager earns approximately 12% more than a female mortgage collection manager for performing the same job.

Average Salary by Gender Chart in Monterrey

Male-
548,800 MXN
Female-12%
489,600 MXN

Mortgage Collection Manager Average Pay Raise in Monterrey

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Mortgage Collection Manager in Monterrey is around 13% every 18 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 18 ) × 12  = 9%

What this means is that a Mortgage Collection Manager in Monterrey can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Monterrey for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Mortgage Collection Manager Bonus and Incentive Rates in Monterrey

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Mortgage Collection Manager is a high bonus based job, with 84% of employees reporting at least one bonus in the last 12 months.

16% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus-
84%
No Bonus-
16%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector-
415,900 MXN
Private Sector-8%
384,200 MXN

Salaries for Jobs Similar to a Mortgage Collection Manager

In the table below, we have salary information for jobs that are similar to a Mortgage Collection Manager in Monterrey.

Job TitleCategorySalary
AML AnalystBanking615,300 MXN
ATM ManagerBanking575,100 MXN
ATM Service TechnicianBanking163,800 MXN
Assistant Bank Branch ManagerBanking514,300 MXN
Assistant Bank ManagerBanking722,100 MXN
Bank Accounts AnalystBanking243,000 MXN
Bank Accounts CollectorBanking148,300 MXN
Bank Accounts ControllerBanking307,400 MXN
Bank Accounts ExecutiveBanking428,400 MXN
Bank Accounts ManagerBanking514,800 MXN
Bank Auditing ManagerBanking499,300 MXN
Bank Branch ManagerBanking744,700 MXN
Bank Branch Operations CoordinatorBanking305,600 MXN
Bank ClerkBanking138,200 MXN
Bank Client Service AssociateBanking201,100 MXN
Bank CollectorBanking138,800 MXN
Bank Compliance SpecialistBanking394,300 MXN
Bank ManagerBanking874,500 MXN
Bank Operational Risk ManagerBanking858,400 MXN
Bank Operations HeadBanking825,900 MXN
Bank Operations OfficerBanking332,100 MXN
Bank Operations SpecialistBanking516,100 MXN
Bank Process ManagerBanking472,100 MXN
Bank Product Manager Banking548,800 MXN
Bank Programme ManagerBanking559,000 MXN
Bank Project ManagerBanking695,400 MXN
Bank Propositions ManagerBanking625,000 MXN
Bank Quantitative AnalystBanking436,200 MXN
Bank Regional ManagerBanking862,400 MXN
Bank Regional Risk OfficerBanking437,300 MXN
Bank Relationship ManagerBanking659,400 MXN
Bank Relationship OfficerBanking292,000 MXN
Bank TellerBanking154,700 MXN
BankerBanking294,700 MXN
Banking Business AnalystBanking447,300 MXN
Banking Business Development OfficerBanking273,300 MXN
Banking Business Planning ExecutiveBanking656,800 MXN
Banking Product ManagerBanking562,200 MXN
Banking Reference Data ManagerBanking467,700 MXN
Banking Risk AnalystBanking424,300 MXN
Banking Technical AnalystBanking232,900 MXN
Bankruptcy CoordinatorBanking318,800 MXN
Bill and Account CollectorBanking159,400 MXN
Budget AnalystBanking437,900 MXN
Capital Risk ManagerBanking855,200 MXN
Cards Marketing ManagerBanking575,100 MXN
Cash Management ManagerBanking790,600 MXN
Check Processing ManagerBanking551,200 MXN
Commercial Vault AssociateBanking417,200 MXN
Corporate BankerBanking325,900 MXN
Corporate DealerBanking437,300 MXN
Credit AnalystBanking335,800 MXN
Credit Card Fraud InvestigatorBanking436,200 MXN
Credit Portfolio ManagerBanking861,300 MXN
Credit Risk AnalystBanking501,400 MXN
Credit Risk AssociateBanking485,200 MXN
Credit and Collections ManagerBanking606,400 MXN
Direct Bank Sales RepresentativeBanking311,700 MXN
Exchange Control ConsultantBanking467,700 MXN
Executive Account AnalystBanking448,500 MXN
Financial Bank Planning ConsultantBanking553,400 MXN
Financial Banking Analysis ManagerBanking633,300 MXN
Financial Banking AssistantBanking212,500 MXN
Financial Banking Systems ManagerBanking575,100 MXN
Foreign Exchange ManagerBanking639,900 MXN
Fraud AnalystBanking460,500 MXN
Fraud Detection AssociateBanking327,300 MXN
Fraud Detection ManagerBanking656,800 MXN
Fraud Detection SupervisorBanking375,200 MXN
Internal Bank Audit ManagerBanking761,400 MXN
Internal Bank AuditorBanking420,800 MXN
Internal Private BankerBanking313,700 MXN
International Banking ManagerBanking927,000 MXN
Investment Banking AnalystBanking638,700 MXN
Loan AnalystBanking442,200 MXN
Loan Area ManagerBanking518,900 MXN
Loan Audit Team LeaderBanking485,200 MXN
Loan Branch ManagerBanking500,100 MXN
Loan Business Development OfficerBanking254,700 MXN
Loan ClerkBanking154,700 MXN
Loan Collection ManagerBanking544,800 MXN
Loan Collection and Recovery ManagerBanking510,200 MXN
Loan CollectorBanking146,200 MXN
Loan ExaminerBanking200,000 MXN
Loan OfficerBanking169,000 MXN
Loan Processing ManagerBanking466,900 MXN
Loan ProcessorBanking204,700 MXN
Loan Quality Assurance AuditorBanking426,700 MXN
Loan Quality Assurance ManagerBanking496,100 MXN
Loan Quality Assurance RepresentativeBanking341,900 MXN
Loan Review ManagerBanking489,600 MXN
Loan Team LeaderBanking454,300 MXN
Loans ManagerBanking615,000 MXN
Mortgage AdvisorBanking294,700 MXN
Mortgage CollectorBanking150,000 MXN
Mortgage Credit AnalystBanking227,600 MXN
Mortgage Credit ManagerBanking498,000 MXN
Mortgage Development ManagerBanking535,900 MXN
Mortgage Document ReviewerBanking192,000 MXN
Mortgage Funding ManagerBanking587,800 MXN
Mortgage Operations ManagerBanking781,200 MXN
Mortgage Payment Processing ClerkBanking161,300 MXN
Mortgage Processing ManagerBanking489,600 MXN
Mortgage ProcessorBanking197,600 MXN
Mortgage Quality Assurance AuditorBanking437,300 MXN
Mortgage Quality Assurance ManagerBanking518,900 MXN
Mortgage Servicing ClerkBanking159,500 MXN
Mortgage Servicing ManagerBanking480,600 MXN
Mortgage UnderwriterBanking183,600 MXN
Online Banking ManagerBanking743,300 MXN
Payment Processing ClerkBanking158,700 MXN
Personal BankerBanking315,900 MXN
Personal Banking Advisor Banking325,800 MXN
Phone BankerBanking201,100 MXN
Private BankerBanking332,500 MXN
Reconciliation and Investigation SpecialistBanking353,600 MXN
Tax OfficerBanking273,000 MXN
TellerBanking146,200 MXN
Trade OfficerBanking172,200 MXN
Trade Product ManagerBanking519,300 MXN
TraderBanking225,300 MXN
Treasury Operations OfficerBanking384,500 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Acapulco645,800 MXN
Acuna491,000 MXN
Aguascalientes665,300 MXN
Boca del Rio459,700 MXN
Buenavista510,000 MXN
Campeche498,500 MXN
Cancun602,700 MXN
Celaya575,100 MXN
Chalco472,100 MXN
Chetumal448,500 MXN
Chicoloapan487,600 MXN
Chihuahua633,300 MXN
Chilpancingo491,000 MXN
Chimalhuacan643,400 MXN
Cholula de Rivadabia480,600 MXN
Ciudad Apodaca573,500 MXN
Ciudad Juarez466,900 MXN
Ciudad Lopez Mateos597,800 MXN
Ciudad Obregon568,500 MXN
Ciudad Santa Catarina510,200 MXN
Ciudad Valles433,400 MXN
Ciudad Victoria524,300 MXN
Ciudad del Carmen483,800 MXN
Coacalco535,800 MXN
Coatzacoalcos504,300 MXN
Colima419,400 MXN
Cordoba420,100 MXN
Cuautitlan Izcalli571,300 MXN
Cuautla425,100 MXN
Cuernavaca543,200 MXN
Culiacan631,200 MXN
Delicias415,900 MXN
Durango571,300 MXN
Ecatepec de Morelos702,800 MXN
Ensenada529,600 MXN
Fresnillo414,000 MXN
General Escobedo535,800 MXN
Gomez Palacio514,800 MXN
Guadalajara680,100 MXN
Guadalupe639,100 MXN
Guaymas419,400 MXN
Hermosillo628,000 MXN
Hidalgo del Parral401,300 MXN
Iguala430,500 MXN
Irapuato596,100 MXN
Ixtapaluca559,000 MXN
Jiutepec454,300 MXN
La Paz514,800 MXN
Leon649,700 MXN
Los Mochis551,200 MXN
Los Reyes la Paz507,300 MXN
Manzanillo412,000 MXN
Matamoros583,000 MXN
Mazatlan562,600 MXN
Merida607,400 MXN
Metepec487,600 MXN
Mexicali639,100 MXN
Mexico City652,200 MXN
Minatitlan411,400 MXN
Monclova476,600 MXN
Morelia615,000 MXN
Naucalpan646,600 MXN
Navojoa382,600 MXN
Nezahualcoyotl623,200 MXN
Nogales466,300 MXN
Nuevo Laredo548,500 MXN
Oaxaca533,000 MXN
Ojo de Agua489,500 MXN
Orizaba389,200 MXN
Pachuca524,700 MXN
Piedras Negras420,800 MXN
Playa del Carmen430,500 MXN
Poza Rica459,700 MXN
Puebla660,500 MXN
Puerto Vallarta485,200 MXN
Queretaro585,900 MXN
Reynosa614,600 MXN
Salamanca457,300 MXN
Saltillo608,500 MXN
San Cristobal de las Casas459,300 MXN
San Juan del Rio421,400 MXN
San Luis Potosi628,000 MXN
San Luis Rio Colorado464,900 MXN
San Nicolas de los Garza605,700 MXN
San Pablo de las Salinas480,300 MXN
San Pedro Garza Garcia412,000 MXN
Soledad de Graciano Sanchez522,700 MXN
Tampico543,200 MXN
Tapachula472,000 MXN
Tehuacan524,700 MXN
Tepic538,600 MXN
Tijuana639,100 MXN
Tlalnepantla de Baz598,600 MXN
Tlaquepaque603,400 MXN
Toluca578,500 MXN
Tonala583,000 MXN
Torreon625,000 MXN
Tuxtla Gutierrez592,200 MXN
Uruapan498,500 MXN
Veracruz596,100 MXN
Villa Nicolas Romero535,800 MXN
Villahermosa568,500 MXN
Xalapa605,700 MXN
Xico533,000 MXN
Zacatecas431,300 MXN
Zamora de Hidalgo433,800 MXN
Zapopan675,200 MXN

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