Mortgage Banker Salary at The Summit Birmingham BETA

How much does a The Summit Birmingham Mortgage Banker make?

As of May 2025, the average annual salary for a Mortgage Banker at The Summit Birmingham is $111,662, which translates to approximately $54 per hour. Salaries for Mortgage Banker at The Summit Birmingham typically range from $105,782 to $116,477, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

The Summit Birmingham Overview

Website:
thesummitbirmingham.com
Size:
50 - 100 Employees
Revenue:
$10M - $50M
Industry:
Business Services

The Summit Birmingham is a company that operates in the Real Estate industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Birmingham, Alabama.

See similar companies related to The Summit Birmingham

What Skills Does a person Need at The Summit Birmingham?

At The Summit Birmingham, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  2. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
  5. Mortgage Banking: Mortgage banking generally involves loan originations as well as purchases and sales of loans through the secondary mortgage market. A bank engaged in mortgage banking may retain or sell loans it originates or purchases from affiliates, brokers, or correspondents.

Related Jobs

PNC Financial Services Group, Inc.
Birmingham , AL

Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Personal Banker, you will strengthen customer relationships with a defined sales process. You will spend most of your time as a personal banker, engaging customers in sales conversations in order to identify appropriate financial solutions. This position, within PNC's Retail Branch Banking Network, is based in Birmingham, AL at the One Federal branch. Job Description Acquires and deepens the branch customer base through a variety of proactive sales and service activities. Manages the customer experience by identifying opportunities to improve the customer's financial wellbeing. Collaborates with ecosystem partners t


Sponsored
5/19/2025 12:00:00 AM
PNC Financial Services Group, Inc.
Birmingham , AL

Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Personal Banker, you will strengthen customer relationships with a defined sales process. You will spend most of your time as a personal banker, engaging customers in sales conversations in order to identify appropriate financial solutions. This position, within PNC's Retail Branch Banking Network, is based in Birmingham, AL at the Riverchase branch. Job Description Acquires and deepens the branch customer base through a variety of proactive sales and service activities. Manages the customer experience by identifying opportunities to improve the customer's financial wellbeing. Collaborates with ecosystem partners to


Sponsored
5/19/2025 12:00:00 AM
Cadence Bank
Oneonta , AL

What The Role Is As a Personal Banker III, you will help clients achieve financial well-being through deep customer relationships and a thoughtful understanding of their needs. To offer the best and most appropriate personal business financial products and services you will use a guided conversation and sales process to proactively identify new account and loan origination opportunities. This position is on-site. How You Will Make An Impact Build, develop and deepen customer relationships through active market business development, needs-based questioning to identify deposit, credit and investment solutions to help customers achieve their financial goals. Support the transactional needs of the banking center on occasion and at manager discretion and also referring identified opportunities to the appropriate line of business. Meet or exceed individual sales and activity objectives - measured by an individual scorecard. Also, establish preset appointments to identify customer needs via i


Sponsored
5/19/2025 12:00:00 AM
Shared Success Center
Birmingham , AL

The title sales representative calls on realtors, lenders, escrow companies and builders/commercial realtors in order to produce title and escrow business for company. Provide personalized professional service to clients to establish relationships which result in recurring title orders. Job Duties and Responsibilities (Essential Job Functions) Common job activities are listed below; actual position responsibilities may vary. Refer to your manager or human resources for specific duties and performance expectations. Develop relationships with agents, attend meetings as needed on a regular basis (real estate boards, builders, mortgage bankers, etc.), continue agent relationships that have moved on from the company brand(s), and make initial and follow-up contacts as needed to build and sustain book of business. (50-65%) Retain and grow current business through presentation of title and escrow products and active participation in agent sales meetings at company and independent offices, eff


Sponsored
5/18/2025 12:00:00 AM
JPMorgan Chase & Co.
Birmingham , AL

Job Description We have a passion for taking care of our customers and employees and making them feel welcomed and valued through building lasting relationships, doing the right thing, exceeding expectations, and having a strong commitment to diversity and inclusion. Using the latest banking solutions, combined with cutting-edge financial technology and the most welcoming and friendly service, you'll be front and center representing our brand and culture. You will have the opportunity to help people experience our Customer Promisehelping people make the most of their money so they can make the most of their lives by providing education and advice tailored to suit their financial needs. As a Branch Manager in Branch Banking, you will ensure the branch will meet and exceed customer expectations and will create a great customer experience in the branch. You will direct all aspects of branch operations, grow the deposits and investments of the branch, and coach bankers and associate banker


Sponsored
5/17/2025 12:00:00 AM
PNC Financial Services Group, Inc.
Birmingham , AL

Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Personal Banker, you will strengthen customer relationships with a defined sales process. You will spend most of your time as a personal banker, engaging customers in sales conversations in order to identify appropriate financial solutions. This position, within PNC's Retail Branch Banking Network, is based in Birmingham, AL at the Hoover Commons branch. Job Description Acquires and deepens the branch customer base through a variety of proactive sales and service activities. Manages the customer experience by identifying opportunities to improve the customer's financial wellbeing. Collaborates with ecosystem partner


Sponsored
5/17/2025 12:00:00 AM
PNC Financial Services Group, Inc.
Birmingham , AL

Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Personal Banker, you will strengthen customer relationships with a defined sales process. You will spend most of your time as a personal banker, engaging customers in sales conversations in order to identify appropriate financial solutions. This position, within PNC's Retail Branch Banking Network, is based in Birmingham, AL at the Wildwood branch. Job Description Acquires and deepens the branch customer base through a variety of proactive sales and service activities. Manages the customer experience by identifying opportunities to improve the customer's financial wellbeing. Collaborates with ecosystem partners to g


Sponsored
5/16/2025 12:00:00 AM
PNC Financial Services Group, Inc.
Pelham , AL

Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company's success. As a Personal Banker, you will strengthen customer relationships with a defined sales process. You will spend most of your time as a personal banker, engaging customers in sales conversations in order to identify appropriate financial solutions. This position, within PNC's Retail Branch Banking Network, is based in Pelham, AL at the Pelham branch. Job Description Acquires and deepens the branch customer base through a variety of proactive sales and service activities. Manages the customer experience by identifying opportunities to improve the customer's financial wellbeing. Collaborates with ecosystem partners to grow cu


Sponsored
5/15/2025 12:00:00 AM

Check more jobs information at The Summit Birmingham

Job Title Average The Summit Birmingham Salary Hourly Rate
2 Site Administrator $43,839 $21
3 Visual Art Teacher $47,799 $23
4 Accounting $40,846 $20
5 Business Development $68,710 $33
6 Cashier $24,553 $12
7 Certified Pharmacy Technician $32,367 $16
8 Construction Laborer $29,546 $14
9 Deputy Sheriff $98,973 $48
10 Director, Human Resources $149,750 $72
11 Director, Security $148,126 $71
12 Executive Administrator $71,991 $35
13 Facilities Custodian $28,564 $14

Hourly Pay at The Summit Birmingham

The average hourly pay at The Summit Birmingham for a Mortgage Banker is $54 per hour. The location, department, and job description all have an impact on the typical compensation for The Summit Birmingham positions. The pay range and total remuneration for the job title are shown in the table below. The Summit Birmingham may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $111,662 look to you?

FAQ about Salary and Jobs at The Summit Birmingham

1. How much does The Summit Birmingham pay per hour?
The average hourly pay is $54. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at The Summit Birmingham?
According to the data, the highest approximate salary is about $116,477 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at The Summit Birmingham?
According to the data, the lowest estimated salary is about $105,782 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.