New Mexico Mortgage Co Salary

As of August 2026, the average annual salary for employees at New Mexico Mortgage Co in the United States is $83,951. This translates to an approximate hourly wage of $40. Salaries at New Mexico Mortgage Co typically range from $73,638 to $95,137 annually, reflecting the diverse roles and experience levels within the company.

How Much Does New Mexico Mortgage Co Pay for Different Roles?

Explore detailed salary information for specific jobs at New Mexico Mortgage Co. Based on our data, the highest paying job is the Director, Asset Management, with an annual salary of $211,590. The table below outlines the annual salary ranges for most popular roles within the company.
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Is New Mexico Mortgage Co’s Pay Competitive? Salary Benchmarking Analysis

How does New Mexico Mortgage Co'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
Stonehaven Mortgage $93,466
+11.3%
Influenced by prevailing union wage agreements specific to Stonehaven Mortgage's sector.
Simplify Asset Management Inc $105,944
+26.2%
Reflects a supply-demand imbalance for the specific talent Simplify Asset Management Inc targets.
Peak Foreclosure Services Inc $86,093
+2.5%
Suggests Peak Foreclosure Services Inc utilizes a highly similar base-plus-benefits compensation model.
Auerbach Funds $85,840
+2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry $121,514
+44.7%
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.

Employee Reviews: Working at New Mexico Mortgage Co

Considering a career at New Mexico Mortgage Co? 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.
A lot of financial companies feel cold, but this one is refreshingly human. The focus on clients and ethics makes me proud to work here. Natural light floods the workspace. The systems in place support success.
The organization operates like a well-oiled machine, yet it never loses sight of individual contributions. Training is provided but sometimes lacks relevance or follow-through. Leadership is responsive and approachable. Hiring panels receive unconscious bias training.
They ensure we're equipped with the latest knowledge and skills in the financial services industry. Management consistently checks in on team morale and actively seeks feedback for improvement. It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. This company is a true leader in the financial services space. There's a genuin...

New Mexico Mortgage Co Overview

Website
www.nmmortgagecompany.com
Founded In
2003
Employees
<25 employees
Industry
Financial Services
Headquarter Address
6303 Indian School Rd NE Albuquerque New Mexico NM 87110
Revenue
<$5 Million
Phone Number
+1 5052923200
Social Media
About New Mexico Mortgage Co
The New Mexico Mortgage Company Team is your premier mortgage team located in New Mexico. We pride ourselves on offering a variety of programs and competitive rates and make the loan process simple, straightforward and fast for borrowers seeking a mortgage in the state of New Mexico. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidatin

What Benefits Does New Mexico Mortgage Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. New Mexico Mortgage Co 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Albuquerque?

Understanding the cost of living near Albuquerque is key to truly evaluating a salary offer or your current compensation at New Mexico Mortgage Co.
Albuquerque's Cost of Living Index is approximately 91.1 (8.9% less expensive than US average; 2.7% less than NM average). Largest NM city, unique culture, affordable housing. ABQ RIDE, Rail Runner. When planning your budget based on a salary from New Mexico Mortgage Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of New Mexico Mortgage Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (ABQ RIDE monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,220 - $3,530+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New Mexico Mortgage Co

1. What is the estimated average total compensation at New Mexico Mortgage Co?

Salary.com estimates that the average total compensation package at New Mexico Mortgage Co, which can include base salary, potential bonuses, and benefits, is around $83,951 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does New Mexico Mortgage Co pay compared to Stonehaven Mortgage?

The average annual salary at New Mexico Mortgage Co is $83,951, or an hourly wage of $40, in comparison to Stonehaven Mortgage which pays $93,466 per year or $45 per hour.

3. Do salaries differ significantly between departments at New Mexico Mortgage Co?

Yes, salaries often differ between departments at New Mexico Mortgage Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at New Mexico Mortgage Co?

Salary progression from an entry-level to a senior role at New Mexico Mortgage Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from New Mexico Mortgage Co in Albuquerque is fair given the local cost of living?

To determine if a salary offer from New Mexico Mortgage Co in Albuquerque is fair, first compare the gross salary to our data for similar roles at New Mexico Mortgage Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Albuquerque" to understand its purchasing power.

6. Are promotions at New Mexico Mortgage Co usually accompanied by a significant salary increase?

Yes, promotions at New Mexico Mortgage Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.