1st Preference Mortgage Corp Salary

1st Preference Mortgage Corp Salary

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As of May 2026, the average annual salary for employees at 1st Preference Mortgage Corp in the United States is $96,050. This translates to an approximate hourly wage of $46. Salaries at 1st Preference Mortgage Corp typically range from $84,222 to $108,916 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at 1st Preference Mortgage Corp

Ready for your next career move? Explore current job openings at 1st Preference Mortgage Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 1st Preference Mortgage Corp’s Pay Competitive? Salary Benchmarking Analysis

How does 1st Preference Mortgage Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Schmidt Mortgage Co $89,099
-7.2%
Schmidt Mortgage Co focuses strategically on recruiting and training entry-level apprentices.
VIG Mortgage Corp $94,067
-2.1%
Suggests VIG Mortgage Corp utilizes a highly similar base-plus-benefits compensation model.
Flagstar Bank Home Loan Center $88,107
-8.3%
Typical compensation structure for smaller regional agencies like Flagstar Bank Home Loan Center.
Unified National Mortgage LLC $116,302
+21.1%
Influenced by prevailing union wage agreements specific to Unified National Mortgage LLC's sector.
Financial Services Industry $121,514
+26.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How 1st Preference Mortgage Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 1st Preference Mortgage Corp. Click a company name to learn more.

Employee Reviews: Working at 1st Preference Mortgage Corp

Considering a career at 1st Preference Mortgage Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I appreciate the leadership’s transparency and commitment to employee engagement. The workload is stable, and support is available when needed. It feels like a true partnership working towards common goals for our clients. Public transit options abound. I’m proud to work at a company that prioritizes both results and people.
Commented in February 21, 2025
40
0
Colleagues are supportive, and management genuinely values team feedback, resulting in strong engagement, innovation, and satisfaction across departments. The company is financially sound with well-defined roles. Cross-functional collaboration is minimal, affecting workflow efficiency. Excellent culture focused on results, ethics, and people. The workload is steady but may lack variety. Managers g...
Commented in January 05, 2025
20
1
Compensation is generous, with performance-based incentives that recognize hard work. Career growth exists but tends to be structured. I appreciate the focus on continuous learning through training programs and certifications.
Commented in February 11, 2024
31
1

1st Preference Mortgage Corp Overview

Website
www.1stpref.com
Founded In
1991
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
9423 Belair Rd Nottingham Maryland MD 21236
Revenue
$10 Million - $50 Million
Phone Number
+1 4105295400
Social Media
About 1st Preference Mortgage Corp
Call Today & Find Out How You May Be Able To Build Equity In A Home Of Your Own. Secure and quick pre-qualification to save time in your process of home ownership. Use our Secure Quick Application to get things started! 1st Preference Mortgage is 30 yrs old this April 2018. There is a reason for this longevity; 1st Preference is different from other Mortgage Companies and other Banks: Our Loan Off

What Benefits Does 1st Preference Mortgage Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. 1st Preference Mortgage Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at 1st Preference Mortgage Corp.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from 1st Preference Mortgage Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of 1st Preference Mortgage Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 1st Preference Mortgage Corp

1. What is the estimated average total compensation at 1st Preference Mortgage Corp?

Salary.com estimates that the average total compensation package at 1st Preference Mortgage Corp, which can include base salary, potential bonuses, and benefits, is around $96,050 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does 1st Preference Mortgage Corp pay compared to Schmidt Mortgage Co?

The average annual salary at 1st Preference Mortgage Corp is $96,050, or an hourly wage of $46, in comparison to Schmidt Mortgage Co which pays $89,099 per year or $43 per hour.

3. Do salaries differ significantly between departments at 1st Preference Mortgage Corp?

Yes, salaries often differ between departments at 1st Preference Mortgage Corp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at 1st Preference Mortgage Corp?

Salary progression from an entry-level to a senior role at 1st Preference Mortgage Corp can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from 1st Preference Mortgage Corp in Baltimore is fair given the local cost of living?

To determine if a salary offer from 1st Preference Mortgage Corp in Baltimore is fair, first compare the gross salary to our data for similar roles at 1st Preference Mortgage Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Baltimore" to understand its purchasing power.

6. Are promotions at 1st Preference Mortgage Corp usually accompanied by a significant salary increase?

Yes, promotions at 1st Preference Mortgage Corp are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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