▲25%
$60,000
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$25k
MEDIAN
$60k
90%
$234k
The average salary for a Mortgage Banker is $60,000 in 2025
Base Salary
$25k - $234k
Bonus
$5k - $21k
Profit Sharing
$0 - $4k
Commission
$43k - $244k
Total Pay
$40k - $309k
Is Average Mortgage Banker with Banking Skills Salary 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 is the Pay by Experience Level for Mortgage Bankers?
▲7%
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
92%
Dental
83%
Vision
83%
None
8%
Gender Breakdown for Mortgage Bankers
Male
70.0%
Female
30.0%
This data is based on 10 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 $234k / year
What is the lowest pay for Mortgage Bankers?
Our data indicates that the lowest pay for a Mortgage Banker is $25k / 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.