Average Private Mortgage Banker Salary

$73,554
Avg. Base Salary (USD)
10%
$42k
MEDIAN
$74k
90%
$140k

The average salary for a Private Mortgage Banker is $73,554 in 2025

Base Salary
$42k - $140k
Bonus
$3k - $46k
Profit Sharing
$507 - $16k
Commission
$8k - $84k
Total Pay
$46k - $158k
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How do Private Mortgage Bankers Rate Their Jobs?

3.4 out of 5
(56)
Satisfied
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FAQs About Private Mortgage Bankers

What is the highest pay for Private Mortgage Bankers?

Our data indicates that the highest pay for a Private Mortgage Banker is $140k / year

What is the lowest pay for Private Mortgage Bankers?

Our data indicates that the lowest pay for a Private Mortgage Banker is $42k / year

How can Private Mortgage Bankers increase their salary?

Increasing your pay as a Private 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 Private Mortgage Banker that oversees more junior Private Mortgage Bankers, this experience can increase the likelihood to earn more.