Towne First Mortgage Salary

Towne First Mortgage Salary

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As of May 2026, the average annual salary for employees at Towne First Mortgage in the United States is $90,681. This translates to an approximate hourly wage of $44. Salaries at Towne First Mortgage typically range from $79,530 to $102,770 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Towne First Mortgage

Ready for your next career move? Explore current job openings at Towne First Mortgage. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Towne First Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Towne First Mortgage'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
Oaktree Funding Corp $96,039
+5.9%
Reflects structural premiums typical of Oaktree Funding Corp's large-cap national operations.
Action Mortgage $112,695
+24.3%
Driven by niche technical certifications required for Action Mortgage's specialized projects.
Dominion Residential Mortgage LLC $99,636
+9.9%
Supported by Dominion Residential Mortgage LLC's high-margin contracts allowing higher overhead.
Telemet America Inc $101,303
+11.7%
Adjusted for higher cost-of-living indices in Telemet America Inc's primary metro hubs.
Financial Services Industry $121,514
+34.0%
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 Towne First Mortgage's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Towne First Mortgage

Considering a career at Towne First Mortgage? 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 is offered but can meet evolving role requirements. Everyone feels welcome and valued for their unique perspectives and contributions. Parking is ample. Communication is streamlined and it is somehow very transparent. Management invests in employee development programs.
Commented in February 05, 2025
31
0
A forward-thinking company with excellent leadership and a culture of growth. Workload is manageable, yet some roles lack challenge. Processes are deeply rooted, so adaptability is limited. Goals are set collaboratively with regular check-ins. This culture of respect, trust, and innovation makes it an excellent place to work. Leadership values diverse perspectives in decision-making. Performance i...
Commented in May 06, 2024
48
3
Working here offers a great balance of challenge and support. Whether you’re in advisory, risk management, or technology, you’ll find challenging work and a team that supports your professional journey. We're empowered to always do what's right for our clients, knowing that integrity is valued above short-term gains. Knowing that we are all striving for excellence makes the team cohesive and focus...
Commented in January 02, 2024
11
2

Towne First Mortgage Overview

Website
www.townefirstmortgage.com
Founded In
2013
Employees
<25 employees
Industry
Financial Services
Headquarter Address
4501 Cox Rd Glen Allen Virginia VA 23060
Revenue
$10 Million - $50 Million
Phone Number
+1 8048888020
Social Media
About Towne First Mortgage
We want members and visitors to navigate, use, and interact with our websites with ease. It is our goal to provide features on this website that prevent barriers for our users. Towne First Mortgage understands and is diligent in designing a well-organized website to help all users and visitors navigate through the information featured on its websites. In doing so, Towne First Mortgage strives to c

What Benefits Does Towne First Mortgage Offer Beyond Salary?

A competitive compensation package is more than just a salary. Towne First Mortgage 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Towne First Mortgage.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Towne First Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Towne First Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Towne First Mortgage

1. How much does a Towne First Mortgage employee make?

Towne First Mortgage pays its employees an average of $90,681 per year. The average salary at Towne First Mortgage range from $79,530 to $102,770 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. Which similar company tend to pay more or less than Towne First Mortgage?

The salary at Towne First Mortgage is lesser than the similar company. The average annual salary at Towne First Mortgage is $90,681, or an hourly wage of $44, in comparison to Oaktree Funding Corp which pays $96,039 per year or $46 per hour.

3. How much does a Mortgage Loan Assistant typically earn at Towne First Mortgage?

A Mortgage Loan Assistant at Towne First Mortgage typically earns an average annual base salary of around $82,142, with a general range of $69,211 to $89,780.

4. Do employees with advanced degrees (Master's, PhD) earn more at Towne First Mortgage?

In many roles at Towne First Mortgage, 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.

5. How does the cost of living near Richmond affect the perceived value of a Towne First Mortgage salary?

Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from Towne First Mortgage based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Towne First Mortgage typically offer employees?

Towne First Mortgage 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 Towne First Mortgage" section on this page.

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