Average Mortgage Banker Salary in Chicago, Illinois

$75,000
Avg. Base Salary (USD)
25%
$30k
MEDIAN
$75k
75%
$123k

The average salary for a Mortgage Banker is $75,000 in 2025

Base Salary
$30k - $123k
Total Pay
$30k - $155k
Is Average Mortgage Banker Salary in Chicago, Illinois your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
United States (change)
How it works:
1
Enter city & years of experience
2
Add pay factors like skills & education
3
Find your market worth with a report tailored to you
EXPLORE BY:

What Do Mortgage Bankers Do?

Mortgage Banker Tasks
  • Establish and maintain relationships with realtors, builders and other business sources.
  • Explore and develop new methods for attracting business.
  • Contact referrals and respond to referral sources.
  • Conduct sales calls and presentations on a regular basis.
  • Develop marketing tools to introduce products to realtors and potential borrowers.
Find your market worth – how it works:

FAQs About Mortgage Bankers

What is the highest pay for Mortgage Bankers in Chicago?

Our data indicates that the highest pay for a Mortgage Banker in Chicago is $NaN / year

What is the lowest pay for Mortgage Bankers in Chicago?

Our data indicates that the lowest pay for a Mortgage Banker in Chicago is $NaN / year

How can Mortgage Bankers increase their salary?

Increasing your pay as a Mortgage Banker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Mortgage Banker that oversees more junior Mortgage Bankers, this experience can increase the likelihood to earn more.