NewTowne Mortgage Salary
How Much Does NewTowne Mortgage Pay for Different Roles?
Senior Loan Officer
$74,040 / year
Salary Range: $63,776 - $84,927
Loan Review
Mortgage Loan Officer
$38,501 / year
Salary Range: $33,106 - $44,204
Mortgage
Mortgage Loan Consultant
$38,501 / year
Salary Range: $33,106 - $44,204
Mortgage
Loan Officer Assistant
$36,261 / year
Salary Range: $32,701 - $40,049
Loan Processing
Mortgage Loan Processor
$34,733 / year
Salary Range: $31,735 - $38,382
Mortgage Processing
Loan Closer
$33,126 / year
Salary Range: $29,834 - $36,403
Loan Processing
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Current Job Openings at NewTowne Mortgage
Is NewTowne Mortgage’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Jordan Park Trust Company LLC | $90,481 |
+5.6%
|
Data suggests Jordan Park Trust Company LLC's workforce skews heavily towards veteran, high-tenure roles. |
| South Lafourche Bank | $86,884 |
+1.4%
|
Confirms South Lafourche Bank is a direct competitor vying for the exact same talent pool. |
| Pinpoint Federal Credit Union | $84,838 |
-1.0%
|
Suggests Pinpoint Federal Credit Union utilizes a highly similar base-plus-benefits compensation model. |
| Full Circle Financial Planning | $86,346 |
+0.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Financial Services Industry | $121,514 |
+41.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How NewTowne Mortgage's Salaries Compare to Similar Companies?
Jordan Park Trust Company LLC
$90,481 / year
Salary Range: $79,365 - $102,526
Hampton, NH
South Lafourche Bank
$86,884 / year
Salary Range: $76,213 - $98,454
Larose, LA
Pinpoint Federal Credit Union
$84,838 / year
Salary Range: $74,417 - $96,137
Lewisburg, PA
Full Circle Financial Planning
$86,346 / year
Salary Range: $75,737 - $97,844
Lansing, MI
Reno Seed Fund
$89,901 / year
Salary Range: $78,852 - $101,868
Reno, NV
SunCap Opportunity Fund
$87,242 / year
Salary Range: $76,525 - $98,856
Fort Lauderdale, FL
First Residential Mortgage
$77,116 / year
Salary Range: $67,636 - $87,382
Abingdon, VA
4Ever Lending USA
$99,900 / year
Salary Range: $87,631 - $113,196
Vienna, VA
llcBLC LIBERTY FM HOLDING COMPANY LLC
$92,981 / year
Salary Range: $81,519 - $105,453
Atlanta, GA
Employee Reviews: Working at NewTowne Mortgage
NewTowne Mortgage Overview
What Benefits Does NewTowne Mortgage Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Virginia Beach?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,900+ | A significant portion of NewTowne Mortgage salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (HRT monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $410 - $600 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,600 - $4,160+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of NewTowne Mortgage
1. How much does a NewTowne Mortgage employee make?
NewTowne Mortgage pays its employees an average of $85,692 per year. The average salary at NewTowne Mortgage range from $75,168 to $97,100 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 NewTowne Mortgage?
The salary at NewTowne Mortgage is lesser than the similar company. The average annual salary at NewTowne Mortgage is $85,692, or an hourly wage of $41, in comparison to Jordan Park Trust Company LLC which pays $90,481 per year or $44 per hour.
3. How much does a Senior Loan Officer typically earn at NewTowne Mortgage?
A Senior Loan Officer at NewTowne Mortgage typically earns an average annual base salary of around $74,040, with a general range of $63,776 to $84,927.
4. Do employees with advanced degrees (Master's, PhD) earn more at NewTowne Mortgage?
In many roles at NewTowne Mortgage, 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 Virginia Beach affect the perceived value of a NewTowne Mortgage salary?
Virginia Beach's Cost of Living Index is approximately 101.8 (1.8% more expensive than US average; 2.2% less than VA average). This significantly impacts the purchasing power of a salary from NewTowne Mortgage based there. Our "Cost of Living Insights for Virginia Beach" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does NewTowne Mortgage typically offer employees?
NewTowne Mortgage 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 NewTowne Mortgage" section on this page.
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