As of March 01, 2025, the average annual salary for a Mortgage Secondary Market Specialist in Michigan is $70,200. Salary.com reports that pay typically ranges from $56,700 to $82,000, with most professionals earning between $44,409 and $92,743.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $83,035 | $6,920 | $1,597 | $40 |
| Average | $71,053 | $5,921 | $1,366 | $34 |
| 25th Percentile | $57,441 | $4,787 | $1,105 | $28 |
An entry-level Mortgage Secondary Market Specialist with under 1 year experience makes about $68,300. With less than 2 years of experience, a mid-level Mortgage Secondary Market Specialist makes around $69,638. After 2-4 years, the Mortgage Secondary Market Specialist pay rises to about $72,268. Those senior Mortgage Secondary Market Specialist with 5-8 years of experience earn roughly $72,793, and those Mortgage Secondary Market Specialist having 8 years or more experience are expected to earn about $73,144 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Secondary Market Specialist | $68,300 |
| Intermediate Level Mortgage Secondary Market Specialist | $69,638 |
| Senior Level Mortgage Secondary Market Specialist | $72,268 |
| Specialist Level Mortgage Secondary Market Specialist | $72,793 |
| Expert Level Mortgage Secondary Market Specialist | $73,144 |
| Entry Level | 4% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 3% |
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Mortgage Secondary Market Specialist salary varies from city to city. Compared with national average salary of Mortgage Secondary Market Specialist, the highest Mortgage Secondary Market Specialist salary is in San Francisco, CA, where the Mortgage Secondary Market Specialist salary is 25.0% above. The lowest Mortgage Secondary Market Specialist salary is in Miami, FL, where the Mortgage Secondary Market Specialist salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $88,900 |
25.0%
|
| Washington, DC | $79,100 |
11.3%
|
| Miami, FL | $68,600 |
|
| Chicago, IL | $74,600 |
4.9%
|
| Boston, MA | $79,700 |
12.1%
|
| New York, NY | $83,000 |
16.8%
|
