Minnesota Lending Co Salary
How Much Does Minnesota Lending Co Pay?BETA
As of March 2025, the average annual salary for employees at Minnesota Lending Co in the United States is $95,723. This translates to an approximate hourly wage of $46. Salaries at Minnesota Lending Co typically range from $83,965 to $108,465 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 Minnesota Lending Co, A Mortgage Banker is among the highest earners, with an average salary of approximately $119,089 per year. Conversely, the lowest-paid position is Loan Originator, earning around $38,799 annually. Explore this page further for more salary and benefits information at Minnesota Lending Co.
How Much Does Minnesota Lending Co Pay for Different Roles?BETA
At Minnesota Lending 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, Mortgage Banker positions at Minnesota Lending Co offer the highest average annual salary of $119,089, while Loan Originator roles have an average annual salary of $38,799.
| JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
|---|---|---|---|
| Mortgage Banker | $112,654 - $124,318 | $119,089 | Minnesota Lending Co |
| Loan Originator | $35,449 - $42,874 | $38,799 | Minnesota Lending Co |
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FAQs About Minnesota Lending Co Company
1. How much does Minnesota Lending Co in the United States pay?
Minnesota Lending Co pays its employees an average of $95,723 per year. The average salary at Minnesota Lending Co range from $83,965 to $108,465 per year. Mortgage Banker jobs at Minnesota Lending Co earn the most with an average annual salary of $119,089, while Loan Originator jobs earn the least with an average annual salary of $38,799.
2. Do Minnesota Lending Co employees get a higher salary than other similar companies?
The salary at Minnesota Lending Co is lesser than Encore Consumer Capital. The highest salary package reported for an employee at Minnesota Lending Co is $108,465 per year, meanwhile the highest salary package reported for an employee at Encore Consumer Capital is $125,987 per year.
3. How much does Minnesota Lending Co pay compared to Encore Consumer Capital?
The average annual salary at Minnesota Lending Co is $95,723, or an hourly wage of $46, in comparison to Encore Consumer Capital which pays $111,176 per year or $53 per hour.
4. Which job skills can boost a Loan Originator salary at Minnesota Lending Co?
Mortgage Loans, Underwriting and Customer Service are key to a Loan Originator job at Minnesota Lending 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 Minnesota Lending Co.
5. What is the lowest salary at Minnesota Lending Co?
The lowest paying job at Minnesota Lending Co is Loan Originator with an annual salary of $38,799 or an hourly rate of $46.