As of March 2025, the average annual salary for employees at Merit Mortgage Co in the United States is $86,610. This translates to an approximate hourly wage of $42. Salaries at Merit Mortgage Co typically range from $75,966 to $98,137 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Merit Mortgage Co, A President is among the highest earners, with an average salary of approximately $670,434 per year. Conversely, the lowest-paid position is Loan Originator, earning around $35,105 annually. Explore this page further for more salary and benefits information at Merit Mortgage Co.
At Merit Mortgage Co, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.
It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President positions at Merit Mortgage Co offer the highest average annual salary of $670,434, while Loan Originator roles have an average annual salary of $35,105.
JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
---|---|---|---|
President | $511,629 - $846,690 | $670,434 | Merit Mortgage Co |
Mortgage Loan Officer | $33,457 - $44,676 | $38,913 | Merit Mortgage Co |
Processor | $33,048 - $40,476 | $36,650 | Merit Mortgage Co |
Loan Originator | $32,072 - $38,792 | $35,105 | Merit Mortgage Co |
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Mercedes Benz Financial Services Las Vegas, NV | $80,135 - $103,514 Company Salary Range | $91,356 Average Company Salary |
The Paper Zone Holdings LLC Seattle, WA | $90,563 - $117,147 Company Salary Range | $103,297 Average Company Salary |
Pearson Financial Enterprises LLC Phoenix, AZ | $82,884 - $107,221 Company Salary Range | $94,542 Average Company Salary |
Texas Mortgage Co Plano, TX | $78,192 - $101,014 Company Salary Range | $89,152 Average Company Salary |
Convoy Home Loans Inc El Segundo, CA | $88,877 - $114,818 Company Salary Range | $101,324 Average Company Salary |
Private Mortgage Wholesale Inc Grand Rapids, MI | $75,718 - $97,819 Company Salary Range | $86,325 Average Company Salary |
1st Rate Home Mortgage Inc Scottsdale, AZ | $77,432 - $100,039 Company Salary Range | $88,276 Average Company Salary |
Summit Home Mortgage LLC Portage, MI | $76,131 - $98,356 Company Salary Range | $86,799 Average Company Salary |
TopChoice Mortgage Mason, OH | $75,132 - $97,063 Company Salary Range | $85,660 Average Company Salary |
Merit Mortgage Co pays its employees an average of $86,610 per year. The average salary at Merit Mortgage Co range from $75,966 to $98,137 per year. President jobs at Merit Mortgage Co earn the most with an average annual salary of $670,434, while Loan Originator jobs earn the least with an average annual salary of $35,105.
The salary at Merit Mortgage Co is lesser than The Paper Zone Holdings LLC. The highest salary package reported for an employee at Merit Mortgage Co is $98,137 per year, meanwhile the highest salary package reported for an employee at The Paper Zone Holdings LLC is $117,147 per year.
The average annual salary at Merit Mortgage Co is $86,610, or an hourly wage of $42, in comparison to The Paper Zone Holdings LLC which pays $103,297 per year or $50 per hour.
Customer Service, Mortgage Loans and Underwriting are key to a Processor job at Merit Mortgage Co. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Merit Mortgage Co.
The lowest paying job at Merit Mortgage Co is Loan Originator with an annual salary of $35,105 or an hourly rate of $42.