$77,731 / year
Salary Range: $65,549 - $89,793
Loan Workout
$41,017 / year
Salary Range: $35,265 - $47,091
Mortgage
$37,003 / year
Salary Range: $33,805 - $40,888
Mortgage Processing
$35,292 / year
Salary Range: $31,780 - $38,780
Loan Processing
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Lincoln County Credit Union | $85,428 |
-6.4%
|
Lincoln County Credit Union may offer non-monetary perks in lieu of competitive base salaries. |
| SoCap | $105,891 |
+16.0%
|
Influenced by prevailing union wage agreements specific to SoCap's sector. |
| Homeowner Resource Group in Dfw | $88,888 |
-2.6%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Pas Financial Group Inc | $87,960 |
-3.7%
|
Pas Financial Group Inc focuses strategically on recruiting and training entry-level apprentices. |
| Financial Services Industry | $121,514 |
+33.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,428 / year
Salary Range: $74,930 - $96,795
Libby, MT
$105,891 / year
Salary Range: $92,891 - $120,000
New York City, NY
$88,888 / year
Salary Range: $77,945 - $100,770
Colleyville, TX
$87,960 / year
Salary Range: $77,120 - $99,758
Baton Rouge, LA
$92,348 / year
Salary Range: $80,960 - $104,733
Stuart, FL
$89,268 / year
Salary Range: $78,257 - $101,234
Winter Park, FL
$84,416 / year
Salary Range: $74,005 - $95,722
Fort Walton Beach, FL
$94,204 / year
Salary Range: $82,609 - $106,794
Church Hill, MD
$88,234 / year
Salary Range: $77,395 - $99,978
Austin, TX
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,800+ | A significant portion of Preferred Home Lending LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 (High AC use) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (METRO Q Card monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $590 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,570 - $4,090+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Preferred Home Lending LLC pays its employees an average of $91,293 per year. The average salary at Preferred Home Lending LLC range from $80,071 to $103,441 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.
The salary at Preferred Home Lending LLC is higher than the similar company. The average annual salary at Preferred Home Lending LLC is $91,293, or an hourly wage of $44, in comparison to Lincoln County Credit Union which pays $85,428 per year or $41 per hour.
A Senior Loan Originator at Preferred Home Lending LLC typically earns an average annual base salary of around $77,731, with a general range of $65,549 to $89,793.
In many roles at Preferred Home Lending LLC, 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.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Preferred Home Lending LLC based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.
Preferred Home Lending LLC 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 Preferred Home Lending LLC" section on this page.
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