As of March 01, 2026, the average hourly rate for a Mortgage Credit Analyst in the United States is $28, which translates to an annual salary of about $57,911.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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A Mortgage Credit Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Mortgage Credit Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Mortgage Credit Analyst | $57,466 |
| Intermediate Level Mortgage Credit Analyst | $58,193 |
| Senior Level Mortgage Credit Analyst | $60,304 |
| Specialist Level Mortgage Credit Analyst | $60,726 |
| Expert Level Mortgage Credit Analyst | $61,008 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Mortgage Credit Analysts. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 17.96% |
| Commercial Loans | 2.25% |
| Billing | 1.45% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Financial Statement Analysis
|
$78,180 |
35%
|
|
Commercial Banking
|
$72,389 |
25%
|
|
Credit Risk
|
$71,231 |
23%
|
|
Risk Management
|
$70,651 |
22%
|
|
Accountability
|
$68,914 |
19%
|
|
Financial Analysis
|
$67,177 |
16%
|
Your level of education can impact your salary potential. While many Mortgage Credit Analysts enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Mortgage Credit Analyst with a High School Diploma or Technical Certificate is between $52,439 and $56,762).
Mortgage Credit Analyst Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 24.0% |
| High School | 24.0% |
| Associates | 4.0% |
| Bachelors | 64.0% |
| Masters | 8.0% |
| Doctorate | 0.0% |
Understanding how a Mortgage Credit Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on March 01, 2026
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Assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. May require a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Commercial Loans: A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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