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Terrace Mortgage Co Salary

Terrace Mortgage Co Salary

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As of August 2026, 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.

How Much Does Terrace Mortgage Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Terrace Mortgage Co. Based on our data, the highest paying job is the Underwriter, with an annual salary of $76,842. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Terrace Mortgage Co’s Pay Competitive? Salary Benchmarking Analysis

How does Terrace Mortgage Co'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
llcHENDON OLD NATIONAL EQUITY LLC $90,755
+2.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
EverStream $96,113
+8.2%
Driven by niche technical certifications required for EverStream's specialized projects.
Continental Business Credit LLC $99,963
+12.6%
Data suggests Continental Business Credit LLC's workforce skews heavily towards veteran, high-tenure roles.
Freedom Merchants Corp $95,396
+7.4%
Reflects structural premiums typical of Freedom Merchants Corp's large-cap national operations.
Financial Services Industry $121,514
+36.8%
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.

How Terrace Mortgage Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Terrace Mortgage Co. Click a company name to learn more.

Employee Reviews: Working at Terrace Mortgage Co

Considering a career at Terrace Mortgage Co? 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.
Training programs exist but can always be updated or role-specific. From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles. The company regularly benchmarks offerings against industry leaders. This respectful approach minimizes disruption during transitions. it’s professional and efficient, which some may prefer.
Commented in February 02, 2025
9
0
The focus is on business needs rather than penny-pinching. I am impressed with the company’s dedication to diversity and inclusion, creating a respectful and supportive workplace. This financial institution combines the stability of an established firm with the energy of a growth company. The opportunity to learn from seasoned professionals and contribute to high-stakes financial decisions makes t...
Commented in September 11, 2024
22
0
Flexible schedules and remote work options promote a healthy work-life balance. Corporate social responsibility is authentic. A great workplace for professionals looking to grow. Quiet rooms enable focused work.
Commented in January 24, 2024
9
3

Terrace Mortgage Co Overview

Website
www.terracemortgage.com
Founded In
1984
Employees
<25 employees
Industry
Financial Services
Headquarter Address
900 Ashwood Pkwy Atlanta Georgia GA 30338
Revenue
$5 Million - $10 Million
Phone Number
+1 7706989119
Social Media
About Terrace Mortgage Co
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 many have even failed, Terrace Mortgage continues to expand while still maintaining the fastest, mo

What Benefits Does Terrace Mortgage Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Terrace Mortgage Co 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 Atlanta?

Understanding the cost of living near Atlanta is key to truly evaluating a salary offer or your current compensation at Terrace Mortgage Co.
Atlanta's Cost of Living Index is approximately 105.0 (5.0% more expensive than US average; 12.9% more than GA average). Major SE hub, housing costs above US avg, especially in desirable neighborhoods. MARTA rail/bus. When planning your budget based on a salary from Terrace Mortgage Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Terrace Mortgage Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (MARTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 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) $2,945 - $4,625+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Terrace Mortgage Co

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. 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 Terrace Mortgage Co employees get a higher salary than its peer company?

The salary at Terrace Mortgage Co is lesser than its peer company. The average annual salary at Terrace Mortgage Co is $88,804, or an hourly wage of $43, in comparison to llcHENDON OLD NATIONAL EQUITY LLC which pays $90,755 per year or $44 per hour.

3. What are the highest paying jobs at Terrace Mortgage Co?

The higher-paying job at Terrace Mortgage Co, according to our data, include Underwriter (avg. $76,842 per year), Account Executive (avg. $62,314 per year), and Mortgage Underwriter (avg. $58,791 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Terrace Mortgage Co?

Salary progression with years of experience at Terrace Mortgage Co 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 Terrace Mortgage Co vary by office location?

Yes, it's very likely that salaries at Terrace Mortgage Co 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 Atlanta section provides more context.

6. Does Terrace Mortgage Co offer good benefits?

Terrace Mortgage Co 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 Terrace Mortgage Co" section on this page.

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