Fay Mortgage Services Salary

Fay Mortgage Services Salary

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As of July 2026, the average annual salary for employees at Fay Mortgage Services in the United States is $92,959. This translates to an approximate hourly wage of $45. Salaries at Fay Mortgage Services typically range from $81,546 to $105,343 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Fay Mortgage Services

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

Is Fay Mortgage Services’s Pay Competitive? Salary Benchmarking Analysis

How does Fay Mortgage Services'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
HB International Inc $83,909
-9.7%
HB International Inc focuses strategically on recruiting and training entry-level apprentices.
AMJ Capital $111,397
+19.8%
Influenced by prevailing union wage agreements specific to AMJ Capital's sector.
Vistia Capital LLC $89,331
-3.9%
Typical compensation structure for smaller regional agencies like Vistia Capital LLC.
The Student Sponsorship Program of South Africa Inc $100,797
+8.4%
Data suggests The Student Sponsorship Program of South Africa Inc's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+30.7%
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 Fay Mortgage Services's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Fay Mortgage Services

Considering a career at Fay Mortgage Services? 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.
While the work is demanding, management is respectful of personal time and avoids unnecessary overtime. It’s an environment that encourages learning and celebrates achievements. Empowering atmosphere with growth opportunities. Dynamic workplace with constant learning. Communication across the company is clear and consistent.
Commented in May 07, 2025
11
3
There's a strong ethical foundation, and our financial services truly make a difference. Communication between teams is formal, sometimes causing delays. Communication is streamlined and it is somehow very transparent. Contracts include strong service level agreements. Management listens, feedback matters, and collaboration is genuine. Diverse perspectives are welcomed.
Commented in June 01, 2024
34
1
Systems are modern and well-maintained, with IT support that actually responds quickly. Technology supports rather than hinders interactions. Positive feedback is celebrated company-wide. It’s a good place for people who enjoy order and long-term routine. It’s a conventional corporate environment, best suited to those who prefer consistency over fast-paced or innovation-heavy environments.
Commented in January 10, 2024
37
2

Fay Mortgage Services Overview

Website
www.faymortgage.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
440 S La Salle St Chicago Illinois IL 60605
Revenue
<$5 Million
Phone Number
+1 8138429122
Social Media
About Fay Mortgage Services
On the purchase side, making mortgage loans to people buying REO is our specialty. We are uniquely qualified to serve this market because we've been servicing these kinds of mortgage loans for over eight years. We understand the risks and rewards of purchasing REO, and have the knowledge and resources to make these mortgage loans happen. However, providing financing for REO isn't our only specialt

What Benefits Does Fay Mortgage Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fay Mortgage Services 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 Fay Mortgage Services?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Fay Mortgage Services.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Fay Mortgage Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Fay Mortgage Services salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fay Mortgage Services

1. What is the typical salary range (low to high) for most roles at Fay Mortgage Services?

The typical annual salary range for most roles at Fay Mortgage Services is approximately from $81,546 to $105,343. 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. How much does Fay Mortgage Services pay compared to HB International Inc?

The average annual salary at Fay Mortgage Services is $92,959, or an hourly wage of $45, in comparison to HB International Inc which pays $83,909 per year or $40 per hour.

3. Do salaries differ significantly between departments at Fay Mortgage Services?

Yes, salaries often differ between departments at Fay Mortgage Services 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. How does experience level affect salary at Fay Mortgage Services?

Experience level is a significant factor in determining salary at Fay Mortgage Services, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Fay Mortgage Services in Chicago is fair given the local cost of living?

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

6. What factors influence salary increases at Fay Mortgage Services?

Salary increases at Fay Mortgage Services are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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