Old Colonial Mortgage Salary

As of August 2026, the average hourly salary for employees at Old Colonial Mortgage in the United States is $39. This translates to an approximate annual wage of $80,662. Salaries at Old Colonial Mortgage typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Old Colonial Mortgage Pay for Different Roles?

Explore detailed salary information for specific jobs at Old Colonial Mortgage. Based on our data, the highest paying job is the Business Anaylst, with an hourly wage of $66. The table below outlines the hourly wage ranges for most popular roles within the company.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

Turn Insight into Opportunity: Current Job Openings

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About Old Colonial Mortgage: Company Profile

Website
www.ocmrates.comhome.html
Founded In
2006
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
LOUISVILLE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About OLD COLONIAL MORTGAGE
Full service mortgage brokerage. Commercial - Residential.. Government loans FHA, USDA, VA, Conventional

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Old Colonial Mortgage's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Everyone has clearly defined roles and boundaries. Management is present without micromanaging. Promotion rates are analyzed for equity. Management leads by example, emphasizing long-term relationships over short-term gains. Management fosters an incredibly supportive environment where asking questions is encouraged and learning from experienced colleagues is a daily occurrence. Leadership listens...
This investment in growth is remarkable. We understand the company's goals and how our individual roles contribute to achieving them successfully. Leadership tends to follow traditional approaches, decision-making. Knowledge transfer is prioritized before retirements.
From peer-to-peer praise to leadership shout-outs, effort doesn’t go unnoticed. Benefits are comprehensive, including excellent health coverage and retirement plans. It’s rare to find a company that combines professional rigor with such a supportive environment.
The company invests in continuous learning, offering workshops and certifications. Strong leadership and consistent communication make expectations clear. They effectively steer a colossal organization through complex market conditions, maintaining a clear strategic direction. Overall, it’s a stable and rewarding financial services firm. The company operates by the book.

Is Old Colonial Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Old Colonial Mortgage'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
OCEAN CAPITAL FUNDING $46
+18.5%
Supported by OCEAN CAPITAL FUNDING's high-margin contracts allowing higher overhead.
ORLANDOPROPERTYGROUP $39
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
ONLINEMORTGAGECENTER $45
+15.1%
Adjusted for higher cost-of-living indices in ONLINEMORTGAGECENTER's primary metro hubs.
ONE SOURCE HOME MORTGAGE $42
+7.9%
Data suggests ONE SOURCE HOME MORTGAGE's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $59
+50.6%
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.

What Is the Cost of Living Near Louisville?

Understanding the cost of living near Louisville is key to truly evaluating a salary offer or your current compensation at Old Colonial Mortgage.
Louisville's Cost of Living Index is approximately 87.8 (12.2% less expensive than US average; 5.5% less than KY average). Largest KY city, Kentucky Derby, affordable housing. TARC bus. When planning your budget based on a salary from Old Colonial Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Old Colonial Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (TARC monthly pass) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,180 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Old Colonial Mortgage

FAQ 1: How much does Old Colonial Mortgage in the United States pay?
Old Colonial Mortgage pays its employees an average of $39 per hour. The average salary at Old Colonial Mortgage range from $34 to $44 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.
FAQ 2: Do Old Colonial Mortgage employees get a higher salary than its peer company?
The salary at Old Colonial Mortgage is lesser than its peer company. The average annual salary at Old Colonial Mortgage is $80,662, or an hourly wage of $39, in comparison to OCEAN CAPITAL FUNDING which pays $95,572 per year or $46 per hour.
FAQ 3: How much does salary increase with years of experience at Old Colonial Mortgage?
Salary progression with years of experience at Old Colonial Mortgage is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Old Colonial Mortgage vary by office location?
Yes, it's very likely that salaries at Old Colonial Mortgage vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Louisville section provides more context.
FAQ 5: Does Old Colonial Mortgage offer good benefits?
Old Colonial Mortgage typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Old Colonial Mortgage" section on this page.