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Mortgage Lending Assistant I Salary in the United States

How much does a Mortgage Lending Assistant I make in the United States?

As of September 01, 2026, the average salary for a Mortgage Lending Assistant I in the United States is $42,957 per year, which breaks down to an hourly rate of $21.

However, a Mortgage Lending Assistant I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $45,890
  • Majority Range (25th-75th percentile): $39,272 to $44,492
  • Entry-Level (10th percentile): $35,917

Key Factors That Influence Mortgage Lending Assistant I Salaries

A Mortgage Lending Assistant I'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 and company size can directly affect your earning potential.

How Experience Level Affects Mortgage Lending Assistant I Salaries?

Experience is a primary driver of a Mortgage Lending Assistant I'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): $42,682
  • Early Career (1-2 years): $43,117
  • Mid-Level (2-4 years): $43,346
  • Senior-Level (5-8 years): $43,415
  • Expert (over 8 years): $43,461
Levels Salary
Entry Level Mortgage Lending Assistant I$42,682
Intermediate Level Mortgage Lending Assistant I$43,117
Senior Level Mortgage Lending Assistant I$43,346
Specialist Level Mortgage Lending Assistant I$43,415
Expert Level Mortgage Lending Assistant I$43,461

Top Paying Cities for Mortgage Lending Assistant Is

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: $54,182
  • San Francisco: $53,588
  • Oakland: $52,459

Mortgage Lending Assistant I Salary by Company Size: Startups vs. Enterprise

Mortgage Lending Assistant I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $46,278. While startup companies pay approximate $39,199.

Mortgage Lending Assistant I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $39,199
Growth Stage 51~500 $41,454
Established 501~5000 $44,695
Enterprise 5000+ $46,278

Mortgage Lending Assistant I Salary by Industry: Top Paying Sectors

For Mortgage Lending Assistant I roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 50% above the average. In contrast, Mortgage Lending Assistant positions in Edu., Gov't. & Nonprofit or Business Services typically offer lower base pay, as these industries often view Mortgage Lending Assistant I as a support function rather than a direct revenue driver.

The top paying industry for a Mortgage Lending Assistant I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$64,436$31.050%

Mortgage Lending Assistant I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Lending Assistant I'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 September 01, 2026
$39,272
Average $42,957/year
$44,492
$3,273
Average $3,580/month
$3,708
$755
Average $826/week
$856
$19
Average $21/hour
$21
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $44,492 $3,708 $856 $21
Average $42,957 $3,580 $826 $21
25th Percentile $39,272 $3,273 $755 $19

Mortgage Lending Assistant I Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Mortgage Lending Assistant I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Mortgage Lending Assistant I Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Mortgage Lending Assistant II $55,763 30%
Secondary Market Manager $115,162 168%

Most common benefits for Mortgage Lending Assistant I

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

Common company salaries for Mortgage Lending Assistant I

Here are companies hiring for Mortgage Lending Assistant I and their salaries, click below for more details.

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FAQ about Mortgage Lending Assistant I

1. Where can a Mortgage Lending Assistant I earn the most?

A Mortgage Lending Assistant I'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 Lending Assistant I earns the most in San Jose, CA, where the annual salary of a Mortgage Lending Assistant I is $54,182.

2. What is the highest pay for Mortgage Lending Assistant I?

The highest pay for Mortgage Lending Assistant I is $45,890.

3. What is the lowest pay for Mortgage Lending Assistant I?

The lowest pay for Mortgage Lending Assistant I is $35,917.

4. What are the responsibilities of Mortgage Lending Assistant I?

Responsible for supporting the solicitation and development of residential mortgage loans. Assists with interviewing applicants, collecting financial data and documents, and making recommendations regarding the loan products that best meet the borrower's needs. Supports buyers in the purchase process through closing. Ensures compliance with regulatory requirements and organizational standards. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.

5. What industry pays the highest salary for Mortgage Lending Assistant I?

The Financial Services industry offers the highest average compensation for Mortgage Lending Assistant I roles, with salaries approximately 50% 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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