How much does a MOrtgage Loan Originator make?

Updated Oct 21, 2021

Industry

Employer Size

Experience

$49,671 /yr
Average Base Pay

522 salaries

$24K

Low

$50K

Average

$104K

High

No additional cash compensation has been reported for this role

The national average salary for MOrtgage Loan Originator is $49,671 per year in United States. Filter by location to see MOrtgage Loan Originator salaries in your area. Salaries estimates are based on 522 salaries submitted anonymously to Glassdoor by MOrtgage Loan Originator employees.

Seniority Levels

L2
Loan Processor$48,076 /yr
L3
Senior Loan Processor$58,184 /yr
L4
Loan Processor IV$46,758 /yr
Career Path

Related Job Titles

Loan Officer

$56,987

per year

Mortgage Banker

$38,451

per year

Mortgage Loan Processor

$47,798

per year

Mortgage Processor

$51,868

per year

Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

AmeriSave Mortgage
2.6

AmeriSave Mortgage

MOrtgage Loan Originator

$31,901

 /yr
Range: $19K - $319K
27 salaries
See 27 salaries from all locations

$19K

$319K

$19,299 - $319,009 Range

Rocket Companies
3.7

Rocket Companies

MOrtgage Loan Originator

$24,525

 /yr
Range: $21K - $106K

$21K

$106K

$21,188 - $105,659 Range

U.S. Bank
3.7

U.S. Bank

MOrtgage Loan Originator

$37,962

 /yr
Range: $2K - $112K

$2K

$112K

$2,353 - $111,653 Range

Royal United Mortgage
3.9

Royal United Mortgage

MOrtgage Loan Originator

$32,906

 /yr
Range: $23K - $65K

$23K

$65K

$23,148 - $65,232 Range

Network Capital
4.2

Network Capital

MOrtgage Loan Originator - Hourly

$14

 /hr
Range: $13 - $82

$13

$82

$13 - $82 Range

Obsidian Financial Services
2.9

Obsidian Financial Services

MOrtgage Loan Originator

$134,515

 /yr
Range: $77K - $205K

$77K

$205K

$77,094 - $204,697 Range

Cardinal Financial Company
4

Cardinal Financial Company

MOrtgage Loan Originator

$28,003

 /yr
Range: $22K - $87K

$22K

$87K

$21,757 - $86,935 Range

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First Guaranty Mortgage Corporation
3.4

First Guaranty Mortgage Corporation

MOrtgage Loan Originator

$54,232

 /yr
Range: $40K - $60K

$40K

$60K

$39,546 - $59,548 Range

Sovereign Lending Group
4

Sovereign Lending Group

MOrtgage Loan Originator - Hourly

$14

 /hr
Range: $13 - $44

$13

$44

$13 - $44 Range

Intercontinental Capital Group
2.6

Intercontinental Capital Group

MOrtgage Loan Originator

$31,439

 /yr
Range: $29K - $319K

$29K

$319K

$29,189 - $319,009 Range

MTG Services (GA)
4

MTG Services (GA)

MOrtgage Loan Originator

$66,460

 /yr
Range: $66K - $66K

$66K

$66K

$66,460 - $66,460 Range

Stearns Lending
3.4

Stearns Lending

MOrtgage Loan Originator

$106,125

 /yr
Range: $21K - $128K

$21K

$128K

$20,596 - $127,604 Range

NEXA Mortgage
3.7

NEXA Mortgage

MOrtgage Loan Originator

$182,073

 /yr
Range: $182K - $182K

$182K

$182K

$182,073 - $182,073 Range

Regions Financial
3.5

Regions Financial

MOrtgage Loan Originator

$31,707

 /yr
Range: $20K - $117K

$20K

$117K

$20,239 - $117,443 Range

Fifth Third
3.7

Fifth Third

MOrtgage Loan Originator

$30,124

 /yr
Range: $25K - $69K

$25K

$69K

$24,564 - $68,924 Range

Fortren Funding
4.1

Fortren Funding

MOrtgage Loan Originator

$28,264

 /yr
Range: $20K - $141K

$20K

$141K

$20,371 - $141,469 Range

Lakeview Loan Servicing
4.1

Lakeview Loan Servicing

MOrtgage Loan Originator

$58,485

 /yr
Range: $36K - $61K

$36K

$61K

$35,700 - $60,612 Range

Live Well Financial
3

Live Well Financial

MOrtgage Loan Originator

$39,184

 /yr
Range: $38K - $41K

$38K

$41K

$37,563 - $41,354 Range

PNC Financial Services Group
3.7

PNC Financial Services Group

MOrtgage Loan Originator

$40,008

 /yr
Range: $27K - $94K

$27K

$94K

$26,877 - $93,576 Range

DISYS
3.9

DISYS

MOrtgage Loan Originator - Hourly

$19

 /hr
Range: $16 - $24

$16

$24

$16 - $24 Range

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Frequently asked questions about a MOrtgage Loan Originator salaries

The national average salary for a MOrtgage Loan Originator is $49,671 per year in United States. Filter by location to see a MOrtgage Loan Originator salaries in your area. Salaries estimates are based on 522 salaries submitted anonymously to Glassdoor by a MOrtgage Loan Originator employees.

The highest salary for a MOrtgage Loan Originator in United States is $104,342 per year.

The lowest salary for a MOrtgage Loan Originator in United States is $23,646 per year.

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

Recent Salary Reports

Below are the most recent mortgage loan originator salary reports. Employer name has been removed to protect anonymity.

$40,000
per year
A Loan Processor in the Miami-Fort Lauderdale, FL Area area reported making $40,000 per year
Job Highlights
Miami-Fort Lauderdale, FL Area area
Full-time
 
51 to 200 employees
Company - Private
$64,214
per year
A Mortgage Loan Processor in the Houston, TX Area area reported making $64,214 per year
Job Highlights
8-10 years experience
Houston, TX Area area
Full-time
 
201 to 500 employees
Company - Private
$63,000
per year
A Mortgage Closer in the Sacramento, CA Area area reported making $63,000 per year
Job Highlights
3-4 years experience
Sacramento, CA Area area
Full-time
 
1001 to 5000 employees
Company - Private
$45,000
per year
A Mortgage Loan Processor in the Orlando, FL Area area reported making $45,000 per year
Additional Pay
$12k cash bonus
Job Highlights
1-2 years experience
Orlando, FL Area area
Full-time
 
10000+ employees
Company - Public
$29,500
per year
A Loan Processor in the Carbondale, IL Area area reported making $29,500 per year
Job Highlights
1-2 years experience
Carbondale, IL Area area
Full-time
 
201 to 500 employees
Company - Private
$45,000
per year
A Mortgage Loan Processor in the Charlotte, NC Area area reported making $45,000 per year
Job Highlights
5-7 years experience
Charlotte, NC Area area
Full-time
 
1001 to 5000 employees
Company - Private
$60,000
per year
A Loan Processor in the Chicago, IL Area area reported making $60,000 per year
Job Highlights
3-4 years experience
Chicago, IL Area area
Full-time
 
1 to 50 employees
Company - Private
$60,000
per year
A Closing Coordinator in the Lansing, MI Area area reported making $60,000 per year
Job Highlights
Lansing, MI Area area
Full-time
 
51 to 200 employees
Nonprofit Organization
$19
hourly
A Mortgage Loan Processor in the Phoenix, AZ Area area reported making $19 per hour
Additional Pay
$36k cash bonus
Job Highlights
Phoenix, AZ Area area
Full-time
 
1001 to 5000 employees
Company - Private
$18
hourly
A Consumer Loan Reviewer in the Jacksonville, FL Area area reported making $18 per hour
Job Highlights
1-2 years experience
Jacksonville, FL Area area
Full-time
 
1001 to 5000 employees
Company - Private
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