Lake State Mortgage Salary

As of August 2026, the average annual salary for employees at Lake State Mortgage in the United States is $80,441. This translates to an approximate hourly wage of $39. Salaries at Lake State Mortgage typically range from $70,538 to $91,308 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lake State Mortgage Pay for Different Roles?

Explore detailed salary information for specific jobs at Lake State Mortgage. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Lake State Mortgage.
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About Lake State Mortgage: Company Profile

Website
www.lakestatemortgage.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
HOLLAND
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Lake State Mortgage's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Benefits are comprehensive and competitive, with an emphasis on health and retirement plans. This company excels at creating a learning environment. I appreciate the company’s commitment to employee development and continuous learning. Peer recognition is encouraged through multiple channels.
Clients recognize our firm's quality. Leadership keeps us informed about company direction and performance, fostering trust and a sense of belonging. Managers invest in talent and mentor staff effectively.
The company provides excellent resources and mentorship for career development. With employees across multiple divisions, there are endless opportunities to learn and advance. Supportive management and consistent feedback have made a difference in my growth. It’s a place where you can build a meaningful, long-term career. It’s not the most exciting workplace, but dependable and routine for those w...
Benefits cover basic needs but aren’t particularly generous compared to industry leaders. This principled approach makes me genuinely proud to be part of this organization and its positive impact. With professionals united by this mission, every decision is made with clients' best interests in mind.
Training is frequent, feedback is constructive, and growth opportunities are plentiful. Open communication is a hallmark. These unsung heroes make daily operations seamless.

Is Lake State Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Lake State 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
LA JOLLA CAPITAL GROUP $92,946
+15.5%
Reflects structural premiums typical of LA JOLLA CAPITAL GROUP's large-cap national operations.
LAKE AREA BANK $91,731
+14.0%
Data suggests LAKE AREA BANK's workforce skews heavily towards veteran, high-tenure roles.
LAURALANDERMASSAGE $83,193
+3.4%
Reflects a supply-demand imbalance for the specific talent LAURALANDERMASSAGE targets.
LANDMARK CU $79,976
-0.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $121,514
+51.1%
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.

What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Lake State Mortgage.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Lake State Mortgage, 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 Lake State Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid 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 $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.

Most Common Questions About Lake State Mortgage

FAQ 1: What is the typical salary range (low to high) for most roles at Lake State Mortgage?
The typical annual salary range for most roles at Lake State Mortgage is approximately from $70,538 to $91,308. 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: How much does Lake State Mortgage pay compared to LA JOLLA CAPITAL GROUP?
The average annual salary at Lake State Mortgage is $80,441, or an hourly wage of $39, in comparison to LA JOLLA CAPITAL GROUP which pays $92,946 per year or $45 per hour.
FAQ 3: How does experience level affect salary at Lake State Mortgage?
Experience level is a significant factor in determining salary at Lake State Mortgage, 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.
FAQ 4: How can I determine if a salary offer from Lake State Mortgage in Grand Rapids is fair given the local cost of living?
To determine if a salary offer from Lake State Mortgage in Grand Rapids is fair, first compare the gross salary to our data for similar roles at Lake State Mortgage and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Lake State Mortgage?
Several key factors influence salary levels at Lake State Mortgage. 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: Lake State Mortgage 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.