Western Asset Mortgage Salary

As of August 2026, the average annual salary for employees at Western Asset Mortgage in the United States is $120,764. This translates to an approximate hourly wage of $58. Salaries at Western Asset Mortgage typically range from $105,802 to $137,096 annually, reflecting the diverse roles and experience levels within the company.
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Is Western Asset Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Western Asset 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
NN Investment Partners $132,251
+9.5%
Influenced by prevailing union wage agreements specific to NN Investment Partners's sector.
Breakwater Management LP $122,104
+1.1%
Indicates identical technical requirements and experience levels between the two firms.
TeleTrade Co $118,739
-1.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Montague Investments LLC $120,448
-0.3%
Confirms Montague Investments LLC is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+0.6%
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 Western Asset Mortgage

Considering a career at Western Asset 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.
Touches make big differences. Collaboration is part of the DNA here, and leaders make time to listen and coach. Supportive team and great leadership. We're empowered to make reasonable exceptions.
Tools and resources are modern and effective. Management checks in regularly, and the HR team is proactive. This financial services company offers an engaging, fast-paced environment that rewards hard work and innovation. Communication is often formal and employee input is seldom acted upon. Respectful management and open-door policy.
The organization is organized, goal-oriented, and committed to ethical financial practices. I feel empowered to bring ideas forward. Everything runs on a schedule. The workplace offers steady pay and basic benefits, but work can be repetitive and procedural. There’s strong alignment across departments, and collaboration is smooth and productive. Quiet rooms enable focused work. Employee satisfacti...
Micromanagement is rare, allowing for independent work and fostering a sense of personal responsibility. Leadership encourages creative problem-solving and regularly implements employee suggestions for process improvements. It’s a dependable environment, though not particularly dynamic or socially engaging beyond core responsibilities. Working here has been incredibly rewarding.

Western Asset Mortgage Overview

Website
www.westernassetmcc.com
Founded In
1971
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
11601 Wilshire Blvd Los Angeles California CA 90025
Revenue
$50 Million - $200 Million
Phone Number
+1 6268449400
Social Media
About Western Asset Mortgage
Founded in 2009 and headquartered in Pasadena, California, Western Asset Mortgage Capital Corporation is a real estate investment trust. The Company is focused on investing in, financing and managing a diversified portfolio of real estate-related securities, whole-loans and other financial assets.

What Benefits Does Western Asset Mortgage Offer Beyond Salary?

A competitive compensation package is more than just a salary. Western Asset 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Western Asset Mortgage.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Western Asset Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Western Asset Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Western Asset Mortgage

1. What is the typical salary range (low to high) for most roles at Western Asset Mortgage?

The typical annual salary range for most roles at Western Asset Mortgage is approximately from $105,802 to $137,096. 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. How much does Western Asset Mortgage pay compared to NN Investment Partners?

The average annual salary at Western Asset Mortgage is $120,764, or an hourly wage of $58, in comparison to NN Investment Partners which pays $132,251 per year or $64 per hour.

3. Do salaries differ significantly between departments at Western Asset Mortgage?

Yes, salaries often differ between departments at Western Asset Mortgage due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Western Asset Mortgage?

Experience level is a significant factor in determining salary at Western Asset Mortgage, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Western Asset Mortgage in Los Angeles is fair given the local cost of living?

To determine if a salary offer from Western Asset Mortgage in Los Angeles is fair, first compare the gross salary to our data for similar roles at Western Asset Mortgage and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Los Angeles" to understand its purchasing power.

6. What factors influence salary increases at Western Asset Mortgage?

Salary increases at Western Asset Mortgage are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.