Approved Mortgage Corp Salary

As of September 2026, the average annual salary for employees at Approved Mortgage Corp in the United States is $86,145. This translates to an approximate hourly wage of $41. Salaries at Approved Mortgage Corp typically range from $75,562 to $97,612 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Approved Mortgage Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Approved 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
Atlantic Mortgage & Funding $85,165
-1.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Standard Property Holdings Ltd $82,738
-4.0%
Standard Property Holdings Ltd focuses strategically on recruiting and training entry-level apprentices.
A+ Loans $81,694
-5.2%
Normalized for lower cost-of-living zones where A+ Loans primarily operates.
Evergrow for Specality Fertilizers $112,610
+30.7%
Influenced by prevailing union wage agreements specific to Evergrow for Specality Fertilizers's sector.
Financial Services Industry $121,514
+41.1%
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.

Employee Reviews: Working at Approved Mortgage Corp

Considering a career at Approved 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.
That said, there’s not much variation in projects, and the pace is steady. Thank-you notes from executives. There’s a clear path for advancement. I've appreciated the supportive leadership and ample learning opportunities.
It’s exciting to work somewhere that’s pushing the industry forward. Project completions are acknowledged. Leaders are approachable and genuinely interested in employee feedback. Supportive team, clear expectations, and meaningful work define this organization. Colleagues are driven, respectful, and professional. The work is challenging but rewarding, with opportunities to lead projects and innova...
This company excels at creating a learning environment. The company's human scale is perfect. Culture is professional, but quiet. Career advancement is supported by extensive training and mentoring.

Approved Mortgage Corp Overview

Website
www.approvedmortgage.com
Founded In
1992
Employees
<25 employees
Industry
Financial Services
Headquarter Address
107 N State Road 135 Greenwood Indiana IN 46142
Revenue
$5 Million - $10 Million
Phone Number
+1 3178822255
Social Media
About Approved Mortgage Corp
Approved Mortgage is the largest and oldest locally owned mortgage banker in Central Indiana with over 6.5 billion funded for Indiana families. As an industry leader for over 30 years, Approved Mortgage is recognized by Zillow® as a 5-star lender, rated a Top 20 Broker by Expertise®, and ranked by Entreprenuer.com® as one of the top 25 Best Small-Company Cultures. Approved Mortgage is a direct len

What Benefits Does Approved Mortgage Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Approved 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)
Work at Approved Mortgage Corp?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Greenwood?

Understanding the cost of living near Greenwood is key to truly evaluating a salary offer or your current compensation at Approved Mortgage Corp.
Greenwood's Cost of Living Index is approximately 87.6 (12.4% less expensive than US average; 3.3% less than IN average). Indianapolis suburb, affordable housing, family-oriented. IndyGo access. When planning your budget based on a salary from Approved Mortgage Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Approved Mortgage Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation IndyGo access (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Approved Mortgage Corp

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

Salary.com estimates that the average total compensation package at Approved Mortgage Corp, which can include base salary, potential bonuses, and benefits, is around $86,145 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Approved Mortgage Corp pay compared to Atlantic Mortgage & Funding?

The average annual salary at Approved Mortgage Corp is $86,145, or an hourly wage of $41, in comparison to Atlantic Mortgage & Funding which pays $85,165 per year or $41 per hour.

3. Do salaries differ significantly between departments at Approved Mortgage Corp?

Yes, salaries often differ between departments at Approved 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 Approved Mortgage Corp?

Salary progression from an entry-level to a senior role at Approved 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 Approved Mortgage Corp in Greenwood is fair given the local cost of living?

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

6. Are promotions at Approved Mortgage Corp usually accompanied by a significant salary increase?

Yes, promotions at Approved 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.