Avg. Base Salary (USD)
The average salary for a Mortgage Banker is $75,000 in 2025
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What Do Mortgage Bankers Do?
- 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.
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.