Best Rate Mortgage LLC Salary

As of August 2026, the average annual salary for employees at Best Rate Mortgage LLC in the United States is $97,717. This translates to an approximate hourly wage of $47. Salaries at Best Rate Mortgage LLC typically range from $85,688 to $110,769 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Best Rate Mortgage LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Best Rate Mortgage LLC. Based on our data, the highest paying job is the President, with an annual salary of $756,413. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Best Rate Mortgage LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Best Rate Mortgage LLC'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
WealthNGen LLC $93,265
-4.6%
WealthNGen LLC focuses strategically on recruiting and training entry-level apprentices.
Caffery Financial Inc $96,978
-0.8%
Confirms Caffery Financial Inc is a direct competitor vying for the exact same talent pool.
Drew Mortgage Associates Inc $98,961
+1.3%
Suggests Drew Mortgage Associates Inc utilizes a highly similar base-plus-benefits compensation model.
Avondale Mortgage $91,778
-6.1%
Avondale Mortgage operates with a leaner overhead structure, impacting base wage offers.
Financial Services Industry $121,514
+24.4%
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 Best Rate Mortgage LLC

Considering a career at Best Rate Mortgage LLC? 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.
Advancement opportunities are present but limited in speed. Workload varies significantly between teams. Their transparency and communication build trust, making employees feel connected to the company's overarching goals. The benefits are outstanding, including competitive salaries, wellness programs, and professional development opportunities. Culture is professional, but quiet.
Gestures like handwritten thank-you notes from managers mean a lot. Management is present without micromanaging. I'm constantly learning new things and developing my skills in the financial services sector. The company is known for solid benefits and work-life balance, but promotion paths are not well defined. Transparent communication promotes trust and collaboration. Management is generally supp...
Fertility benefits show understanding of modern needs. A good workplace for those who value order and process more than rapid change or creative input. Leadership encourages feedback and employee input.

Best Rate Mortgage LLC Overview

Website
www.bestratemoney.com
Founded In
2011
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
42 Sunrise Ave Worcester Massachusetts MA 01606
Revenue
$5 Million - $10 Million
Phone Number
+1 6179212153
Social Media
About Best Rate Mortgage LLC
Since 2011, Best Rate Mortgage of Massachusetts has consistently offered amongst the Lowest Mortgage Rates in the state. For evidence of our outstanding track record, look no further than the Better Business Bureau where you will see our A+ Rating. Positive customer reviews can be seen across the web, our low rates are hard to look past.

What Benefits Does Best Rate Mortgage LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Best Rate Mortgage LLC 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 Worcester?

Understanding the cost of living near Worcester is key to truly evaluating a salary offer or your current compensation at Best Rate Mortgage LLC.
Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). Central MA city, growing, more affordable than Boston area. WRTA bus, Commuter Rail. When planning your budget based on a salary from Best Rate Mortgage LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Best Rate Mortgage LLC salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (WRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,960 - $4,610+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Best Rate Mortgage LLC

1. How much does a Best Rate Mortgage LLC employee make?

Best Rate Mortgage LLC pays its employees an average of $97,717 per year. The average salary at Best Rate Mortgage LLC range from $85,688 to $110,769 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Best Rate Mortgage LLC?

The salary at Best Rate Mortgage LLC is higher than the similar company. The average annual salary at Best Rate Mortgage LLC is $97,717, or an hourly wage of $47, in comparison to WealthNGen LLC which pays $93,265 per year or $45 per hour.

3. How much does a President typically earn at Best Rate Mortgage LLC?

A President at Best Rate Mortgage LLC typically earns an average annual base salary of around $756,413, with a general range of $577,110 to $955,682.

4. Do employees with advanced degrees (Master's, PhD) earn more at Best Rate Mortgage LLC?

In many roles at Best Rate Mortgage LLC, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Worcester affect the perceived value of a Best Rate Mortgage LLC salary?

Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). This significantly impacts the purchasing power of a salary from Best Rate Mortgage LLC based there. Our "Cost of Living Insights for Worcester" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Best Rate Mortgage LLC typically offer employees?

Best Rate Mortgage LLC generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Best Rate Mortgage LLC" section on this page.