Mortgage Depot Salary

Mortgage Depot Salary

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As of May 2026, the average annual salary for employees at Mortgage Depot in the United States is $107,231. This translates to an approximate hourly wage of $52. Salaries at Mortgage Depot typically range from $94,054 to $121,512 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Mortgage Depot

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

Is Mortgage Depot’s Pay Competitive? Salary Benchmarking Analysis

How does Mortgage Depot'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
Winthrop Rockefeller Foundation $83,023
-22.6%
Winthrop Rockefeller Foundation may offer non-monetary perks in lieu of competitive base salaries.
Preferred Lending Solutions LLC $81,093
-24.4%
Normalized for lower cost-of-living zones where Preferred Lending Solutions LLC primarily operates.
Basis Holdings LLC $105,860
-1.3%
Suggests Basis Holdings LLC utilizes a highly similar base-plus-benefits compensation model.
Connor Investment Real Estate $89,616
-16.4%
Connor Investment Real Estate focuses strategically on recruiting and training entry-level apprentices.
Financial Services Industry $121,514
+13.3%
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.

How Mortgage Depot's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Mortgage Depot

Considering a career at Mortgage Depot? 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.
I felt fully supported from day one. The company provides stable employment and standard benefits, but workloads can be demanding, especially during peak periods. Despite having employees, the organization maintains agility, embracing cutting-edge technology and modern financial solutions. However, some systems feel archaic, and the company can be resistant to process improvements suggested by emp...
Commented in February 17, 2025
25
1
Work-life balance initiatives, like flexible scheduling, demonstrate understanding of employees' needs. Workload distribution is carefully monitored. I genuinely enjoy my work and feel appreciated for the results I help deliver. The team dynamic is amazing. The work can become repetitive, with few opportunities for innovation. Benefits like mental health resources and fitness reimbursements furthe...
Commented in May 26, 2024
36
0
I’ve experienced consistent growth and recognition in my role. It's a great place to build a rewarding career in financial services with a future-focused mindset. However, opportunities for rapid advancement are limited unless you’re in a leadership track.
Commented in January 12, 2024
44
1

Mortgage Depot Overview

Website
www.mortgagedepot.com
Founded In
1999
Employees
<25 employees
Industry
Financial Services
Headquarter Address
12510 Queens Blvd Kew Gardens New York NY 11415
Revenue
<$5 Million
Phone Number
+1 7182689000
Social Media
About Mortgage Depot
Mortgage Depot is a company that operates in the Financial Services industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Kew Gardens, New York.

What Benefits Does Mortgage Depot Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mortgage Depot 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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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Mortgage Depot.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Mortgage Depot, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Mortgage Depot salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mortgage Depot

1. How much does a Mortgage Depot employee make?

Mortgage Depot pays its employees an average of $107,231 per year. The average salary at Mortgage Depot range from $94,054 to $121,512 per year. 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. Which similar company tend to pay more or less than Mortgage Depot?

The salary at Mortgage Depot is higher than the similar company. The average annual salary at Mortgage Depot is $107,231, or an hourly wage of $52, in comparison to Winthrop Rockefeller Foundation which pays $83,023 per year or $40 per hour.

3. How much does a Director, Operations typically earn at Mortgage Depot?

A Director, Operations at Mortgage Depot typically earns an average annual base salary of around $188,152, with a general range of $179,611 to $195,305.

4. Do employees with advanced degrees (Master's, PhD) earn more at Mortgage Depot?

In many roles at Mortgage Depot, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near New York affect the perceived value of a Mortgage Depot salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Mortgage Depot based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Mortgage Depot typically offer employees?

Mortgage Depot generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Mortgage Depot" section on this page.

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