$13.00
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
25%
$12
MEDIAN
$13
75%
$21.93
The average hourly pay for a Mortgage Banker is $13.00 in 2025
Hourly Rate
$12 - $22
Bonus
$0 - $53k
Commission
$0 - $65k
Total Pay
$46k - $123k
Is Average Mortgage Banker with Financial Modeling Skills Hourly Pay 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?
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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:
Common Health Benefits for a Mortgage Banker
Medical
75%
Dental
63%
Vision
63%
None
25%
Gender Breakdown for Mortgage Bankers
Female
57.1%
Male
42.9%
This data is based on 7 survey responses. Learn more about the gender pay gap.
FAQs About Mortgage Bankers
What is the highest pay for Mortgage Bankers?
Our data indicates that the highest pay for a Mortgage Banker is $NaN / hour
What is the lowest pay for Mortgage Bankers?
Our data indicates that the lowest pay for a Mortgage Banker is $NaN / hour
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.