Where is First Funding located?

First Funding is headquartered in East Rochester, New York, but may have operations in other locations within the Financial Services sector.

What industry is First Funding in?

First Funding operates in the Financial Services industry.

First Funding Hourly Pay Rate & Wages

Q: What does First Funding do?

According to the company's overview, First Funding is a brokerage firm that has specialized in underlying mortgage loans and credit lines for cooperative apartment buildings and capital improvement loans for condominiums and homeowner associations since 1987.

First Funding Salary

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Salary at First Funding

Current Job Openings at First Funding

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

Is First Funding’s Pay Competitive? Salary Benchmarking Analysis

How does First Funding'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
First Continental Mortgage Ltd	$48	+2.4%	Indicates identical technical requirements and experience levels between the two firms.
Bell Mortgage Company - Minneapolis	$50	+7.9%	Adjusted for higher cost-of-living indices in Bell Mortgage Company - Minneapolis's primary metro hubs.
Bank of Texas Mortgage Group	$45	-3.1%	Reflects market rates for standard general contracting, differing from specialized roles.
Angela Comstock	$52	+10.4%	Data suggests Angela Comstock's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry	$59	+25.1%	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.

Companies Similar to First Funding and Their Hourly Pay Rates

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

First Continental Mortgage Ltd

$48 / hour

Salary Range: $42 - $54

Houston, TX

Bell Mortgage Company - Minneapolis

$50 / hour

Salary Range: $44 - $57

Minneapolis, MN

Bank of Texas Mortgage Group

$45 / hour

Salary Range: $40 - $51

Grapevine, TX

Angela Comstock

$52 / hour

Salary Range: $45 - $58

Santa Ana, CA

Northern Credit Union

$45 / hour

Salary Range: $40 - $51

Watertown, NY

New Tsi Holdings

$54 / hour

Salary Range: $47 - $61

Elmsford, NY

Allen Holdings Co Inc

$50 / hour

Salary Range: $44 - $56

New York City, NY

Paradise Service Holdings LLC

$51 / hour

Salary Range: $45 - $58

Ronkonkoma, NY

Tioga State Bank Na

$45 / hour

Salary Range: $39 - $51

Owego, NY

Employee Reviews: Working at First Funding

Considering a career at First Funding? 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.

The company culture actively promotes inclusivity and celebrates diverse perspectives, making it a welcoming place for everyone. This financial services company stands out for its innovation and adaptability. The office spaces are designed to encourage interaction, and even remote employees feel connected. The benefits are outstanding, including competitive salaries, wellness programs, and profess...

Commented in April 20, 2025

Knowledge sharing happens organically. Job roles are clearly defined, but cross-training is rare. Resources are ample, allowing us to focus on quality work rather than budget constraints. They focus on results and people equally.

Commented in March 11, 2025

Benefits like mental health resources and fitness reimbursements further enhance the experience. If you like routine and predictability, it works well. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. There’s a clear workflow, good mentorship, and room to take on new challenges. The company actively promotes from wi...

Commented in November 25, 2024

There’s a consistent commitment to client service, employee development, and operational excellence. A supportive team and transparent leadership set the tone. It's inspiring to work for an organization that values and leverages differences to drive better business outcomes. Compensation is competitive, and bonuses reflect both individual and company performance. Fast-paced, but rewarding environm...

Commented in May 22, 2024

The culture is professional but lacks warmth. It’s an environment where expertise is recognized, and strategic thinking is highly valued. The company operates by the book.

Commented in January 21, 2024

First Funding Overview

Website

www.firstfunding.com

Founded In

2002

Employees

100 - 200 employees

Industry

Financial Services

Headquarter Address

349 W Commercial St East Rochester New York NY 14445

Revenue

$10 Million - $50 Million

Phone Number

+1 8007774422

About First Funding

First Funding is a brokerage firm that has specialized in underlying mortgage loans and credit lines for cooperative apartment buildings and capital improvement loans for condominiums and homeowner associations since 1987. Our reputation for low rates, fast delivery, and professional service has been earned one satisfied board after another.

What Benefits Does First Funding Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Funding 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at First Funding.

Rochester's Cost of Living Index is approximately 82.3 (17.7% less expensive than US average; 34.2% less than NY average). Western NY city, affordable housing. RTS bus. When planning your budget based on a salary from First Funding, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$950 - $1,500+	A significant portion of First Funding salary. Location choices impact this heavily.
Utilities (Basic)	$160 - $270 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$56 (RTS monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$390 - $570	Can be higher with more dining out or specialty stores.
Personal & Leisure	$350 - $650+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,286 - $3,696+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Funding

1. What is the typical salary range (low to high) for most roles at First Funding?

The typical salary range for most roles at First Funding is approximately from $41 to $53 per hour. 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 First Funding pay compared to First Continental Mortgage Ltd?

The average annual salary at First Funding is $97,136, or an hourly wage of $47, in comparison to First Continental Mortgage Ltd which pays $99,489 per year or $48 per hour.

3. How does experience level affect salary at First Funding?

Experience level is a significant factor in determining salary at First Funding, 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.

4. How can I determine if a salary offer from First Funding in Rochester is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at First Funding?

Several key factors influence salary levels at First Funding. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: First Funding likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.