| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| First Signature Mortgage LLC | $84,310 |
-24.8%
|
First Signature Mortgage LLC operates with a leaner overhead structure, impacting base wage offers. |
| Pavion Blue Capital LLC | $99,425 |
-11.3%
|
Pavion Blue Capital LLC may offer non-monetary perks in lieu of competitive base salaries. |
| Equitymine | $98,729 |
-11.9%
|
Normalized for lower cost-of-living zones where Equitymine primarily operates. |
| Mortgage Managed Inc | $99,742 |
-11.0%
|
Mortgage Managed Inc focuses strategically on recruiting and training entry-level apprentices. |
| Financial Services Industry | $121,514 |
+8.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$84,310 / year
Salary Range: $73,959 - $95,539
Norfolk, VA
$99,425 / year
Salary Range: $87,209 - $112,659
Newport Beach, CA
$98,729 / year
Salary Range: $86,605 - $111,879
Tujunga, CA
$99,742 / year
Salary Range: $87,484 - $113,025
San Dimas, CA
$98,212 / year
Salary Range: $86,146 - $111,294
Washington, DC
$86,483 / year
Salary Range: $75,856 - $98,002
Independence, MO
$99,826 / year
Salary Range: $87,558 - $113,123
Monroe, NY
$99,183 / year
Salary Range: $86,999 - $112,379
Hingham, MA
$87,306 / year
Salary Range: $76,589 - $98,941
Windsor, CO
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) | $2,800 - $4,500+ | A significant portion of Preferred Mortgage Loans salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $300 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $80 (VTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $500 - $800 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $550 - $1,100+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $780+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,510 - $7,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Preferred Mortgage Loans pays its employees an average of $112,125 per year. The average salary at Preferred Mortgage Loans range from $98,352 to $127,060 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 Mortgage Loans is higher than the similar company. The average annual salary at Preferred Mortgage Loans is $112,125, or an hourly wage of $54, in comparison to First Signature Mortgage LLC which pays $84,310 per year or $41 per hour.
In many roles at Preferred Mortgage Loans, 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.
San Jose's Cost of Living Index is approximately 214.5 (114.5% more expensive than US average; 53.4% more than CA average). This significantly impacts the purchasing power of a salary from Preferred Mortgage Loans based there. Our "Cost of Living Insights for San Jose" module details this impact, helping you assess the 'real feel' value of your compensation.
Preferred Mortgage Loans 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 Mortgage Loans" section on this page.
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