Terrace Mortgage Co Salary

How Much Does Terrace Mortgage Co Pay?BETA

As of March 2025, the average annual salary for employees at Terrace Mortgage Co in the United States is $88,804. This translates to an approximate hourly wage of $43. Salaries at Terrace Mortgage Co typically range from $77,890 to $100,624 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Terrace Mortgage Co, An Underwriter is among the highest earners, with an average salary of approximately $76,842 per year. Conversely, the lowest-paid position is Closer, earning around $46,852 annually. Explore this page further for more salary and benefits information at Terrace Mortgage Co.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Terrace Mortgage Co Pay for Different Roles?BETA

At Terrace Mortgage Co, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Underwriter positions at Terrace Mortgage Co offer the highest average annual salary of $76,842, while Closer roles have an average annual salary of $46,852.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Underwriter $69,076 - $86,548 $76,842 Terrace Mortgage Co
Account Executive $57,529 - $69,717 $62,314 Terrace Mortgage Co
Mortgage Underwriter $51,772 - $66,181 $58,791 Terrace Mortgage Co
Closer $41,499 - $52,315 $46,852 Terrace Mortgage Co
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Terrace Mortgage Co Overview

Website:
terracemortgage.com
Size:
<25 Employees
Industry:
Financial Services
Revenue:
$5M - $10M
About:
Terrace Mortgage Company is focused primarily on single family wholesale lending. Founded in 1988, our mission has been to help independent brokers and banks provide their customers with the best lending service and products possible. Today, while many other lenders continue to have difficulties and...

Most Common Benefits for Terrace Mortgage Co

Aside from the base salary, Terrace Mortgage Co offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Terrace Mortgage Co

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Terrace Mortgage Co ’s peer companies.
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llc CLARE HOLDINGS LLC Noank, CT $88,007 - $113,830 Company Salary Range $100,385 Average Company Salary
htmlCSB Washington Crossing Dpc Holdings LLC Chevy Chase, MD $92,772 - $120,000 Company Salary Range $105,817 Average Company Salary
Salado Creek Campus Holding Corp San Antonio, TX $79,420 - $102,734 Company Salary Range $90,586 Average Company Salary
Iota Phi Lambda Sorority Educational Fund Knoxville, TN $73,189 - $94,612 Company Salary Range $83,466 Average Company Salary
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FAQs About Terrace Mortgage Co Company

1. How much does Terrace Mortgage Co in the United States pay?

Terrace Mortgage Co pays its employees an average of $88,804 per year. The average salary at Terrace Mortgage Co range from $77,890 to $100,624 per year. Underwriter jobs at Terrace Mortgage Co earn the most with an average annual salary of $76,842, while Closer jobs earn the least with an average annual salary of $46,852.

2. Do Terrace Mortgage Co employees get a higher salary than other similar companies?

The salary at Terrace Mortgage Co is lesser than htmlCSB Washington Crossing Dpc Holdings LLC. The highest salary package reported for an employee at Terrace Mortgage Co is $100,624 per year, meanwhile the highest salary package reported for an employee at htmlCSB Washington Crossing Dpc Holdings LLC is $120,000 per year.

3. How much does Terrace Mortgage Co pay compared to htmlCSB Washington Crossing Dpc Holdings LLC?

The average annual salary at Terrace Mortgage Co is $88,804, or an hourly wage of $43, in comparison to htmlCSB Washington Crossing Dpc Holdings LLC which pays $105,817 per year or $51 per hour.

4. Which job skills can boost a Mortgage Underwriter salary at Terrace Mortgage Co?

Underwriting, Mortgage Loans and Analysis are key to a Mortgage Underwriter job at Terrace Mortgage Co. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Terrace Mortgage Co.

5. What is the lowest salary at Terrace Mortgage Co?

The lowest paying job at Terrace Mortgage Co is Closer with an annual salary of $46,852 or an hourly rate of $43.