As of March 01, 2025, the average annual salary for a Mortgage Credit Analyst in Hoffman Estates, IL is $60,953. Salary.com reports that pay typically ranges from $53,134 to $76,258, with most professionals earning between $46,014 and $90,192.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $73,325 | $6,110 | $1,410 | $35 |
| Average | $58,609 | $4,884 | $1,127 | $28 |
| 25th Percentile | $51,090 | $4,257 | $982 | $25 |
An entry-level Mortgage Credit Analyst with under 1 year experience makes about $59,608. With less than 2 years of experience, a mid-level Mortgage Credit Analyst makes around $60,636. After 2-4 years, the Mortgage Credit Analyst pay rises to about $64,019. Those senior Mortgage Credit Analyst with 5-8 years of experience earn roughly $64,696, and those Mortgage Credit Analyst having 8 years or more experience are expected to earn about $65,147 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Credit Analyst | $59,608 |
| Intermediate Level Mortgage Credit Analyst | $60,636 |
| Senior Level Mortgage Credit Analyst | $64,019 |
| Specialist Level Mortgage Credit Analyst | $64,696 |
| Expert Level Mortgage Credit Analyst | $65,147 |
| Entry Level | 2% |
| Mid Level | 3% |
| Senior Level | 9% |
| Top Level | 10% |
| Experienced | 11% |
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| Skill | Salary | Demand |
|---|---|---|
|
Financial Statement Analysis
|
$82,287 |
35%
|
|
Commercial Banking
|
$76,191 |
25%
|
|
Credit Risk
|
$74,972 |
23%
|
|
Risk Management
|
$74,363 |
22%
|
|
Accountability
|
$72,534 |
19%
|
|
Financial Analysis
|
$70,705 |
16%
|
