Schaefer Mortgage Corp Salary

As of September 2026, the average annual salary for employees at Schaefer Mortgage Corp in the United States is $102,200. This translates to an approximate hourly wage of $49. Salaries at Schaefer Mortgage Corp typically range from $89,592 to $115,915 annually, reflecting the diverse roles and experience levels within the company.
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Is Schaefer Mortgage Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Schaefer Mortgage Corp'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
Vector 21 Holdings Inc $99,457
-2.7%
Confirms Vector 21 Holdings Inc is a direct competitor vying for the exact same talent pool.
Mortgages USA $94,837
-7.2%
Mortgages USA likely leverages performance bonuses over the high base salary shown here.
Us, Central Money Mortgage Co Inc $98,297
-3.8%
Us, Central Money Mortgage Co Inc focuses strategically on recruiting and training entry-level apprentices.
Michael Lassiter - Lassiter Mortgage Group $93,930
-8.1%
Michael Lassiter - Lassiter Mortgage Group may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+18.9%
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 Schaefer Mortgage Corp

Considering a career at Schaefer Mortgage Corp? 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.
This standing benefits everyone in the organization. I enjoy the supportive team culture and open communication here. Transparency, collaboration, and accountability are prioritized.
Facilities teams keep everything running smoothly. Excellent culture focused on results, ethics, and people. The culture can feel hierarchical, limiting open dialogue between employees and management. They focus on results and people equally.
We have a strong client-first mentality. Career advancement is often with a preference for seniority. This is a forward-thinking firm with great leadership. This financial firm is a powerhouse for career development.
The company’s stability and growth prospects make it a great place to build a career. That transparency helps me feel included in broader company goals. Collaboration is encouraged it is consistent. It’s a conventional corporate environment, best suited to those who prefer consistency over fast-paced or innovation-heavy environments. Training is available but sometimes lacks depth. Clients recogn...
The company provides a consistent work environment with reliable benefits but limited autonomy. Career progression exists and heavily structured. It's rewarding to work for a firm that does business the right way. Great work-life balance and flexible scheduling options.

Schaefer Mortgage Corp Overview

Website
www.schaefermortgage.com
Founded In
1985
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
5 Buttrick Rd Londonderry New Hampshire NH 03053
Revenue
$10 Million - $50 Million
Phone Number
+1 6034344747
Social Media
About Schaefer Mortgage Corp
Schaefer Mortgage Corporation is excited to join the team of Merrimack Mortgage Company, Inc. of Manchester, NH. We will continue to provide all of our customers with dedicated customer service and loan options that are in their best interest. In addition to the array of conventional, FHA, USDA, and VA loans we have previously been able to arrange, we will also have access to State Housing Program

What Benefits Does Schaefer Mortgage Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schaefer Mortgage Corp 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 Manchester?

Understanding the cost of living near Manchester is key to truly evaluating a salary offer or your current compensation at Schaefer Mortgage Corp.
Manchester's Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 0.8% less than NH average). Largest NH city, housing near US average. MTA bus. When planning your budget based on a salary from Schaefer Mortgage Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Schaefer Mortgage Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (MTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,790 - $4,300+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schaefer Mortgage Corp

1. How much does Schaefer Mortgage Corp in the United States pay?

Schaefer Mortgage Corp pays its employees an average of $102,200 per year. The average salary at Schaefer Mortgage Corp range from $89,592 to $115,915 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. Do Schaefer Mortgage Corp employees get a higher salary than its peer company?

The salary at Schaefer Mortgage Corp is higher than its peer company. The average annual salary at Schaefer Mortgage Corp is $102,200, or an hourly wage of $49, in comparison to Vector 21 Holdings Inc which pays $99,457 per year or $48 per hour.

3. What are the highest paying jobs at Schaefer Mortgage Corp?

The higher-paying job at Schaefer Mortgage Corp, according to our data, include Senior Loan Officer (avg. $88,303 per year), Loan Officer (avg. $61,155 per year), and Closing Coordinator (avg. $53,919 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Schaefer Mortgage Corp?

Salary progression with years of experience at Schaefer Mortgage Corp is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Schaefer Mortgage Corp vary by office location?

Yes, it's very likely that salaries at Schaefer Mortgage Corp vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Manchester section provides more context.

6. Does Schaefer Mortgage Corp offer good benefits?

Schaefer Mortgage Corp typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Schaefer Mortgage Corp" section on this page.