Find higher paying jobs for mortgage banker

Updated Dec 13, 2021

How much does a Mortgage Banker make?

Updated Dec 13, 2021

Experience

$153,108 / yrTotal Pay
$108,932 / yrBase Pay
$44,176 / yrAdditional Pay

$153,108

 / yr
$67K$530K
Most Likely Range
Possible Range

The estimated total pay for a Mortgage Banker is $153,108 per year in the United States area, with an average salary of $108,932 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $44,176 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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Your input helps Glassdoor refine our pay estimates over time.

What are some related job titles for Mortgage Banker?

Some related job titles are Mortgage Underwriter Salaries with median pay of $83,535, Underwriter Salaries with median pay of $69,143, Financial Advisor Salaries with median pay of $103,339, MOrtgage Loan Originator Salaries with median pay of $200,176.

What are total pay estimates for a Mortgage Banker at different companies?

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Average Base Salary in (USD)

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Rocket Companies
3.5

Rocket Companies

Mortgage Banker

$32,120

 /yr
Range: $12K - $292K

$12K

$292K

$12,041 - $292,398 Range

113 Jobs
J.P. Morgan
4.0

J.P. Morgan

Mortgage Banker

$35,554

 /yr
Range: $24K - $82K

$24K

$82K

$24,389 - $81,817 Range

Network Capital
3.5

Network Capital

Mortgage Banker - Hourly

$14

 /hr
Range: $12 - $66

$12

$66

$12 - $66 Range

Chase
3.7

Chase

Mortgage Banker

$29,159

 /yr
Range: $23K - $144K

$23K

$144K

$22,696 - $144,149 Range

Bank of the West
3.4

Bank of the West

Mortgage Banker

$73,411

 /yr
Range: $69K - $85K

$69K

$85K

$68,549 - $85,157 Range

Wells Fargo
3.6

Wells Fargo

Mortgage Banker

$55,164

 /yr
Range: $26K - $74K

$26K

$74K

$26,246 - $73,635 Range

CityWorth Mortgage
3.3

CityWorth Mortgage

Mortgage Banker

$27,172

 /yr
Range: $23K - $38K

$23K

$38K

$22,997 - $37,936 Range

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BOK Financial
3.9

BOK Financial

Mortgage Banker

$54,636

 /yr
Range: $51K - $58K

$51K

$58K

$51,154 - $58,057 Range

The Federal Savings Bank
3.2

$32,836

 /yr
Range: $1 - $438K

$1

$438K

$1 - $437,809 Range

Quicken
3.5

Quicken

Mortgage Banker

$33,721

 /yr
Range: $19K - $262K

$19K

$262K

$19,200 - $261,643 Range

loanDepot
3.5

loanDepot

Mortgage Banker

$24,731

 /yr
Range: $20K - $343K

$20K

$343K

$19,671 - $343,481 Range

Bank of America
4.0

Bank of America

Mortgage Banker

$57,352

 /yr
Range: $46K - $63K

$46K

$63K

$46,472 - $63,354 Range

Rocket Mortgage FieldHouse
3.6

$42,000

 /yr
Range: $23K - $150K

$23K

$150K

$23,100 - $150,000 Range

BMO Harris Bank
3.7

BMO Harris Bank

Mortgage Banker

$29,018

 /yr
Range: $24K - $62K

$24K

$62K

$23,717 - $62,119 Range

One Reverse Mortgage
2.9

One Reverse Mortgage

Mortgage Banker

$28,650

 /yr
Range: $24K - $40K

$24K

$40K

$24,150 - $39,909 Range

Capital One
4.2

Capital One

Mortgage Banker

$57,493

 /yr
Range: $54K - $62K

$54K

$62K

$53,702 - $61,953 Range

BMO Financial Group
3.8

BMO Financial Group

Mortgage Banker

$54,431

 /yr
Range: $25K - $57K

$25K

$57K

$24,964 - $57,134 Range

Santander
3.6

Santander

Mortgage Banker

$56,046

 /yr
Range: $52K - $59K

$52K

$59K

$51,670 - $58,615 Range

KeyBank
3.8

KeyBank

Mortgage Banker

$61,172

 /yr
Range: $57K - $68K

$57K

$68K

$57,202 - $67,792 Range

BBMC Mortgage
3.4

BBMC Mortgage

Mortgage Banker - Hourly

$12

 /hr
Range: $0 - $14

$0

$14

$0 - $14 Range

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Viewing 1 - 10 of 2,058

Recent User Submitted Salaries for Mortgage Banker in United States of America

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$35,000

/yrAvg Base Salary

8 days ago by a Mortgage Banker with 1 to 3 years of experience

$100,000

/yrAvg Base Salary

9 days ago by a Mortgage Banker (MLO) with 4 to 6 years of experience

$15

/hrAvg Base Salary

11 days ago by a Mortgage Banker with 1 to 3 years of experience

$14

/hrAvg Base Salary

11 days ago by a Mortgage Banker (MLO) with 1 to 3 years of experience

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$22,000

/yrAvg Base Salary

12 days ago by a Mortgage Banker with 1 to 3 years of experience

$60,000

/yrAvg Base Salary

12 days ago by a Mortgage Banker (MLO) with less than one year of experience

$72,800

/yrAvg Base Salary

14 days ago by a O&M with 1 to 3 years of experience

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Frequently asked questions about a Mortgage Banker salaries

The national average salary for a Mortgage Banker is $38,451 per year in United States. Filter by location to see a Mortgage Banker salaries in your area. Salaries estimates are based on 684 salaries submitted anonymously to Glassdoor by a Mortgage Banker employees.

The highest salary for a Mortgage Banker in United States is $77,446 per year.

The lowest salary for a Mortgage Banker in United States is $19,091 per year.

If you are thinking of becoming a Mortgage Banker or planning the next step in your career, find details about the role, the career path and salary trajectory of a Mortgage Banker.