What are the main factors that influence a Mortgage Credit Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Mortgage Credit Analyst's salary?

A Mortgage Credit Analyst's salary grows with experience: starting around $57,488 for beginners, reaching about $60,333 at mid-level, and approach $61,039 for experts.

What are the highest paying states for a Mortgage Credit Analyst?

Mortgage Credit Analyst salary varies significantly by state. The top 3 highest paying states for Mortgage Credit Analyst roles are District of Columbia $64,143, California $63,900, Massachusetts $63,048. These tech hubs typically pay 10-15% above the national average.

How much do different types of Mortgage Credit Analyst roles make?

Salaries for Mortgage Credit Analyst level roles vary by specialization: Credit Analyst III: $85,031; Credit and Collections Analyst III: $79,885; Credit Analyst II: $69,371; Credit Analyst: $68,478; Credit and Collections Analyst II: $67,772.

How do different companies affect a Mortgage Credit Analyst's salary?

Company size, industry, and compensation structure create significant salary variations for Mortgage Credit Analyst roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Mortgage Credit Analyst Salary in the United States

How much does a Mortgage Credit Analyst make in the United States?

As of September 01, 2026, the average salary for a Mortgage Credit Analyst in the United States is $57,933 per year, which breaks down to an hourly rate of $28.

However, a Mortgage Credit Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $76,004
Majority Range (25th-75th percentile): $51,966 to $67,392
Entry-Level (10th percentile): $46,533

10% $46,533

50% (Median) $57,933

90% $76,004

Mortgage Credit Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$67,392	$5,616	$1,296	$32
Average	$57,933	$4,828	$1,114	$28
25th Percentile	$51,966	$4,331	$999	$25

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Key Factors That Influence Mortgage Credit Analyst Salaries

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.

How Experience Level Affects Mortgage Credit Analyst Salaries?

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:

Entry-Level (less than 1 year): $57,488
Early Career (1-2 years): $58,215
Mid-Level (2-4 years): $60,333
Senior-Level (5-8 years): $60,757
Expert (over 8 years): $61,039

Levels	Salary
Entry Level Mortgage Credit Analyst	$57,488
Intermediate Level Mortgage Credit Analyst	$58,215
Senior Level Mortgage Credit Analyst	$60,333
Specialist Level Mortgage Credit Analyst	$60,757
Expert Level Mortgage Credit Analyst	$61,039

View as Graph

How Do Mortgage Credit Analyst Salaries Vary from State to State?

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:

District of Columbia: $64,143.
California: $63,900.
Massachusetts: $63,048.

District of Columbia $64,143 California $63,900 Massachusetts $63,048 Washington $62,817 New Jersey $62,794 Alaska $62,712 Connecticut $61,913 New York $61,589

Hawaii $60,552 Rhode Island $60,065 Maryland $59,735 Minnesota $59,283 Colorado $59,109 Illinois $59,051 Oregon $58,831 Delaware $58,669

New Hampshire $58,567 Virginia $58,339 Pennsylvania $57,672 Nevada $57,336 North Dakota $57,226 Michigan $57,052 Wisconsin $56,989 Vermont $56,861

Texas $56,508 Maine $56,485 Arizona $56,450 Ohio $56,409 Georgia $55,876 Indiana $55,610 Wyoming $55,558 Utah $55,477

Iowa $55,442 Kansas $55,164 Louisiana $55,083 North Carolina $55,054 Missouri $55,042 Florida $54,816 Montana $54,695 Nebraska $54,579

Kentucky $54,515 South Carolina $54,283 Tennessee $54,138 Idaho $54,080 New Mexico $53,658 Oklahoma $53,565 Alabama $53,223 South Dakota $52,650

Arkansas $52,337 West Virginia $52,169 Mississippi $51,665

Top Paying Cities for Mortgage Credit Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $73,071
San Francisco: $72,271
Oakland: $70,748

San Jose, CA $73,071

San Francisco, CA $72,271

Oakland, CA $70,748

New York, NY $66,703

Paramus, NJ $65,892

Queens Village, NY $65,890

Passaic, NJ $65,834

Bergenfield, NJ $65,829

Stamford, CT $65,702

Huntington, NY $65,678

Newark, NJ $65,250

Bridgeport, CT $65,128

Vallejo, CA $65,012

New Brunswick, NJ $64,989

Petaluma, CA $64,954

Middlesex, NJ $64,844

Somerset, NJ $64,804

Santa Cruz, CA $64,729

Boston, MA $64,375

Monterey, CA $64,172

Seattle, WA $64,039

Santa Rosa, CA $64,028

Los Angeles, CA $64,010

Juneau, AK $63,860

Washington, DC $63,796

Orange, CA $63,590

Santa Ana, CA $63,437

Long Beach, CA $63,379

Anaheim, CA $63,367

Anchorage, AK $63,338

Santa Maria, CA $63,164

Everett, WA $63,153

Danbury, CT $62,949

Bremerton, WA $62,869

Tacoma, WA $62,660

New Suffolk, NY $62,659

Sacramento, CA $62,643

Santa Barbara, CA $62,579

Trenton, NJ $62,516

San Diego, CA $62,516

Brockton, MA $62,452

Fairbanks, AK $62,310

Lompoc, CA $62,162

Lowell, MA $62,115

Ventura, CA $62,104

Nashua, NH $62,093

Stockton, CA $62,087

Modesto, CA $61,664

Poughkeepsie, NY $61,536

Olympia, WA $61,426

Kennewick, WA $61,426

New Haven, CT $61,403

Lawrence, MA $61,195

Hartford, CT $61,137

Riverside, CA $61,125

New Bedford, MA $61,067

Richland, WA $61,067

Bakersfield, CA $60,986

San Bernardino, CA $60,963

New Britain, CT $60,957

Atlantic City, NJ $60,957

New London, CT $60,934

Norwich, CT $60,917

Portsmouth, NH $60,905

Boulder, CO $60,782

Portland, OR $60,702

Worcester, MA $60,696

Minneapolis, MN $60,517

Philadelphia, PA $60,436

Honolulu, HI $60,245

Saint Paul, MN $60,217

Vineland, NJ $60,204

Providence, RI $60,036

Chicago, IL $59,868

Bellingham, WA $59,798

Springfield, MA $59,752

Baltimore, MD $59,735

Chico, CA $59,590

Pittsfield, MA $59,433

Manchester, NH $59,323

Spokane, WA $59,068

Denver, CO $59,063

Albany, NY $58,790

Troy, NY $58,767

Nassau, NY $58,705

Schenectady, NY $58,646

Wilmington, DE $58,599

Burlington, VT $58,518

Salem, OR $58,495

Portland, ME $58,315

Yakima, WA $58,257

Rochester, MN $58,078

Reno, NV $58,049

Fresno, CA $58,049

Milwaukee, WI $57,997

Detroit, MI $57,939

Ann Arbor, MI $57,929

Allentown, PA $57,921

Colorado Springs, CO $57,823

Syracuse, NY $57,794

Carson City, NV $57,794

Houston, TX $57,713

Eugene, OR $57,684

Gary, IN $57,614

Springfield, OR $57,568

Bismarck, ND $57,556

Galveston, TX $57,516

Medford, OR $57,429

Fort Collins, CO $57,406

Concord, NH $57,377

Austin, TX $57,359

Mesa, AZ $57,238

Reading, PA $57,232

Phoenix, AZ $57,226

Dallas, TX $57,209

Saint Cloud, MN $57,153

Madison, WI $57,076

Utica, NY $56,919

Rochester, NY $56,826

Des Moines, IA $56,821

Raleigh, NC $56,815

Atlanta, GA $56,728

Battle Creek, MI $56,711

Salt Lake City, UT $56,693

Lancaster, PA $56,606

Harrisburg, PA $56,525

Kansas City, MO $56,467

Champaign, IL $56,456

Kansas City, KS $56,456

Fort Worth, TX $56,450

Columbus, OH $56,440

Boca Raton, FL $56,427

Pittsburgh, PA $56,404

Richmond, VA $56,380

Indianapolis, IN $56,369

Cleveland, OH $56,363

Las Vegas, NV $56,293

Cincinnati, OH $56,293

Petersburg, VA $56,207

Huntsville, AL $56,120

Lansing, MI $56,081

Lebanon, PA $56,073

Pueblo, CO $56,068

Appleton, WI $56,050

Buffalo, NY $56,027

Dayton, OH $56,010

Racine, WI $55,998

Charlotte, NC $55,992

Saint Louis, MO $55,975

York, PA $55,940

Elkhart, IN $55,940

Gastonia, NC $55,929

Billings, MT $55,915

Beaumont, TX $55,900

Lorain, OH $55,888

Benton Harbor, MI $55,876

Toledo, OH $55,865

Binghamton, NY $55,836

Rock Hill, SC $55,830

Rockford, IL $55,801

Springfield, IL $55,778

Elyria, OH $55,772

Fargo, ND $55,772

Flagstaff, AZ $55,732

Fort Lauderdale, FL $55,697

Duluth, MN $55,662

Miami, FL $55,662

Cheyenne, WY $55,621

Grand Forks, ND $55,621

Bangor, ME $55,494

Cedar Rapids, IA $55,430

Durham, NC $55,406

Louisville, KY $55,401

Grand Rapids, MI $55,390

Hialeah, FL $55,384

Casper, WY $55,303

Scranton, PA $55,233

New Orleans, LA $55,216

Virginia Beach, VA $55,210

Akron, OH $55,181

Peoria, IL $55,106

Sarasota, FL $55,094

Nashville, TN $55,054

Omaha, NE $55,054

Green Bay, WI $55,054

Baton Rouge, LA $55,025

Charleston, SC $55,013

Jamestown, NY $54,984

Davenport, IA $54,984

Tucson, AZ $54,955

Saint Petersburg, FL $54,920

Tampa, FL $54,909

Evansville, IN $54,874

Port Arthur, TX $54,874

Bradenton, FL $54,851

Santa Fe, NM $54,747

Orlando, FL $54,642

Clearwater, FL $54,625

Canton, OH $54,503

La Crosse, WI $54,503

Albuquerque, NM $54,469

Newport News, VA $54,463

High Point, NC $54,445

Ogden, UT $54,422

Corpus Christi, TX $54,376

Norfolk, VA $54,341

Laramie, WY $54,341

Rock Island, IL $54,306

Saginaw, MI $54,295

Jacksonville, FL $54,289

Salisbury, NC $54,277

Boise, ID $54,266

Moline, IL $54,237

Fort Myers, FL $54,219

Memphis, TN $54,208

Tulsa, OK $54,179

Waterloo, IA $54,144

Spartanburg, SC $54,086

Lincoln, NE $54,057

Fort Wayne, IN $54,046

Provo, UT $54,040

Cedar Falls, IA $53,970

San Antonio, TX $53,947

Greensboro, NC $53,924

South Bend, IN $53,918

Savannah, GA $53,855

Muskegon, MI $53,831

Birmingham, AL $53,826

Winston Salem, NC $53,797

Lake Charles, LA $53,658

Anderson, IN $53,646

Lexington, KY $53,629

Augusta, GA $53,611

Greenville, SC $53,611

Lima, OH $53,565

Wichita, KS $53,559

Tuscaloosa, AL $53,559

Columbia, SC $53,507

Springfield, OH $53,495

Asheville, NC $53,403

Bloomington, IN $53,362

Knoxville, TN $53,154

Shreveport, LA $53,148

Wilmington, NC $53,072

Roanoke, VA $53,072

Topeka, KS $52,968

Frankfort, KY $52,962

Oklahoma City, OK $52,922

Chillicothe, OH $52,899

Longview, TX $52,893

Melbourne, FL $52,887

Sioux Falls, SD $52,794

Mobile, AL $52,789

Terre Haute, IN $52,765

Altoona, PA $52,731

Amarillo, TX $52,690

Killeen, TX $52,673

Fayetteville, AR $52,626

Chattanooga, TN $52,609

Sioux City, IA $52,557

Idaho Falls, ID $52,545

Lynchburg, VA $52,499

Gainesville, FL $52,424

Portsmouth, OH $52,395

Little Rock, AR $52,383

Lafayette, LA $52,360

Youngstown, OH $52,360

Daytona Beach, FL $52,325

Clarksville, TN $52,319

Pensacola, FL $52,313

Temple, TX $52,309

Hopkinsville, KY $52,140

Erie, PA $52,128

Florence, SC $52,105

Charleston, WV $52,012

Great Falls, MT $51,983

Macon, GA $51,902

Tallahassee, FL $51,896

Fayetteville, NC $51,885

Waco, TX $51,873

Helena, MT $51,833

Pine Bluff, AR $51,811

Vincennes, IN $51,740

Lubbock, TX $51,717

Alamogordo, NM $51,682

Twin Falls, ID $51,630

Rapid City, SD $51,613

Jackson, MS $51,508

Huntington, WV $51,504

Greenville, MS $51,502

Parkersburg, WV $51,443

Montgomery, AL $51,433

Wichita Falls, TX $51,375

Springfield, MO $51,375

Biloxi, MS $51,346

Monroe, LA $51,288

Johnstown, PA $51,248

Sumter, SC $51,224

Columbus, GA $51,219

Pascagoula, MS $51,108

Abilene, TX $51,108

Kingsport, TN $50,958

Albany, GA $50,958

Gulfport, MS $50,940

Alexandria, LA $50,749

Fort Smith, AR $50,604

El Paso, TX $50,448

Las Cruces, NM $50,187

Harlingen, TX $50,040

Pocatello, ID $50,031

Florence, AL $49,956

Brownsville, TX $49,944

Mcallen, TX $49,822

Dothan, AL $49,741

Columbus, MS $49,397

Altus, OK $49,127

Lawton, OK $49,017

Pierre, SD $48,809

What Skills Can Increase a Mortgage Credit Analyst's Salary?

Demanded Skills for the Role:

Analysis (Mentioned in 17.96% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Commercial Loans (Mentioned in 2.25% Job Postings): 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 (Mentioned in 1.45% Job Postings): Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

Skills	Demand Percentage
Analysis	17.96%
Commercial Loans	2.25%
Billing	1.45%

See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Mortgage Credit Analyst's salary.

Financial Statement Analysis: Can increase your salary by up to 35%.
Commercial Banking: Can increase your salary by up to 25%.
Credit Risk: Can increase your salary by up to 23%.

Skill	Salary	Salary % Increase
Financial Statement Analysis	$78,210	35%
Commercial Banking	$72,416	25%
Credit Risk	$71,258	23%

Get Latest Data

Mortgage Credit Analyst Salary by Company Size: Startups vs. Enterprise

Mortgage Credit Analyst salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $62,733. While startup companies pay approximate $53,081.

Mortgage Credit Analyst Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$53,081
Growth Stage	51~500	$56,146
Established	501~5000	$60,578
Enterprise	5000+	$62,733

Mortgage Credit Analyst Salary by Industry: Top Paying Sectors

For Mortgage Credit Analyst roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Mortgage Credit Analyst positions in Business Services typically offer lower base pay, as this sector often view Mortgage Credit Analyst as a support function rather than a direct revenue driver.

The top paying industry for a Mortgage Credit Analyst

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$69,520	$33.0	20%

How Education impacts a Mortgage Credit Analyst's Salary?

Your level of education can impact your salary potential. While many Mortgage Credit Analyst enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Mortgage Credit Analyst with a Bachelor's Degree is between $54,545 and $59,388.

Mortgage Credit Analyst Salaries by Degree Level

$63,800
$62,200
$60,600
$58,900
$57,300
$55,700
$54,100
$52,500

Typical Education for Mortgage Credit Analyst
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%

View as Graph

Mortgage Credit Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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.

$51,966

Average $57,933/year

$67,392

$4,331

Average $4,828/month

$5,616

$999

Average $1,114/week

$1,296

$25

Average $28/hour

$32

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$67,392	$5,616	$1,296	$32
Average	$57,933	$4,828	$1,114	$28
25th Percentile	$51,966	$4,331	$999	$25

Mortgage Credit Analyst Salary Growth & Career Path

Mortgage Credit Analyst

Next Role

Advancement

Commercial Credit Analyst II Commercial Credit Analyst III

For a Mortgage Credit Analyst, the most direct path to higher earnings is advancing to the Commercial Credit Analyst II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $74,527 - a projected growth of 29% over your current level.

Salary Trends for Mortgage Credit Analyst

Salaries for a Mortgage Credit Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $59,923 in 2023 to around $59,147 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Credit Analyst salary trends, .

Average Annual Salary of Mortgage Credit Analyst Over Time

$???
$59,923
$59,474
$59,147
$???
$???

2022
2023
2024
2025
2026
2027

Year	Average Annual Salary
2022	View More
2023	$59,923
2024	$59,474
2025	$59,147
2026	View More
2027	View More

Most common benefits for Mortgage Credit Analyst

Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)

Common company salaries for Mortgage Credit Analyst

Here are companies hiring for Mortgage Credit Analyst and their salaries, click below for more details.

K $114,295/per year

Kpmg Us LLP Business Services the United States

W $114,096/per year

Warner Bros Discovery Business Services the United States

D $111,927/per year

Dentsu International Ltd Business Services the United States

G $111,873/per year

GroupM Worldwide Inc Business Services the United States

C $111,651/per year

CoWorx Staffing Business Services the United States

C $110,194/per year

Contemporary Services Corp Business Services the United States

S $107,128/per year

Showcase Cinemas Business Services the United States

A $106,429/per year

Amentum Services Inc Business Services the United States

A $106,199/per year

Allied Universal Security Services LLC Business Services the United States

S $106,104/per year

Sodexo USA Business Services the United States

J $105,192/per year

JLL Technologies Business Services the United States

I $104,478/per year

Intact Insurance Group USA LLC Business Services the United States

N $101,619/per year

NielsenIQ Business Services the United States

T $101,470/per year

The Leading Edge Alliance Business Services the United States

H $101,308/per year

Honeywell UOP Business Services the United States

R $97,720/per year

Reeve & Associates Business Services the United States

M $97,584/per year

ManpowerGroup Global Inc Business Services the United States

F $95,980/per year

Financial Sys Nco Business Services the United States

A $95,314/per year

Arrow Global Ltd Business Services the United States

C $94,777/per year

CarMax Enterprise Services LLC Business Services the United States

D $94,479/per year

DZConneX Business Services the United States

A $93,802/per year

Adecco Staffing, USA Business Services the United States

R $92,937/per year

Resource MFG Business Services the United States

Z $92,774/per year

Zachry Brands Inc Business Services the United States

G $88,138/per year

Greystar Worldwide LLC Business Services the United States

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FAQ about Mortgage Credit Analyst

1. Where can a Mortgage Credit Analyst earn the most?

A Mortgage Credit Analyst's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Mortgage Credit Analyst earns the most in San Jose, CA, where the annual salary of a Mortgage Credit Analyst is $73,071.

2. What is the highest pay for Mortgage Credit Analyst?

The highest pay for Mortgage Credit Analyst is $76,004.

3. What is the lowest pay for Mortgage Credit Analyst?

The lowest pay for Mortgage Credit Analyst is $46,533.

4. What are the responsibilities of Mortgage Credit Analyst?

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.

5. What industry pays the highest salary for Mortgage Credit Analyst?

The Financial Services industry offers the highest average compensation for Mortgage Credit Analyst roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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