As of March 01, 2025, the average annual salary for a Mortgage Lending Manager in the United States is $119,046. According to Salary.com, salaries can range from a low of $74,638 to a high of $177,462, with most professionals earning between $95,801 and $149,623.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $149,623 | $12,469 | $2,877 | $72 |
| Average | $119,046 | $9,921 | $2,289 | $57 |
| 25th Percentile | $95,801 | $7,983 | $1,842 | $46 |
An entry-level Mortgage Lending Manager with less than 1 year of experience earns about $108,956. With 1-2 years of experience, the average salary increases to $109,984. For 2-4 years of experience, the pay typically rises to $113,408. Senior-level professionals with 5-8 years of experience earn around $122,925, and those with over 8 years of experience can expect an average of $128,783.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Lending Manager | $108,956 |
| Intermediate Level Mortgage Lending Manager | $109,984 |
| Senior Level Mortgage Lending Manager | $113,408 |
| Specialist Level Mortgage Lending Manager | $122,925 |
| Expert Level Mortgage Lending Manager | $128,783 |
| Entry Level | 8% |
| Mid Level | 8% |
| Senior Level | 5% |
| Top Level | 3% |
| Experienced | 8% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Mortgage Lending Manager compensation over the past six years. For example, the median salary increased from $103,738 in 2023 to approximately $104,581 in 2024. (For a detailed analysis of Mortgage Lending Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Mortgage Lending Manager information for you to search for. Click on search button below to see Mortgage Lending Manager job openings or enter a new job title here.
Here are companies hiring for Mortgage Lending Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $119,046 | 62.6% | ||
| Bonus | $21,562 | 11.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $10,757 | 5.7% | ||
| 401K/403B | $6,609 | 3.5% | ||
| Disability | $1,125 | 0.6% | ||
| Healthcare | $6,056 | 3.2% | ||
| Pension | $7,733 | 4.1% | ||
| Time Off | $17,306 | 9.1% | ||
| Total Compensation | $190,194 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 6.7% |
| High School | 40.0% |
| Associates | 6.7% |
| Bachelors | 20.0% |
| Masters | 26.7% |
What Am I Worth?
The average annual salary of Mortgage Lending Manager is $119,046. In case you are finding an easy salary calculator, the average hourly pay of Mortgage Lending Manager is $57; the average weekly pay of Mortgage Lending Manager is $2,289; the average monthly pay of Mortgage Lending Manager is $9,921.
A Mortgage Lending Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Mortgage Lending Manager is $149,403.
The highest pay for Mortgage Lending Manager is $177,462.
The lowest pay for Mortgage Lending Manager is $74,638.
Mortgage Lending Manager manages a team of mortgage lending specialists in developing customer relationships, promoting mortgage loan products, and attaining volume and profit goals. Ensures that application processing follows state, federal, and organizational policies and guidelines and that customers have accurate loan information and guidance about product options. Being a Mortgage Lending Manager conducts team training on company products and services. Coaches team members to promote a sales culture, improve selling techniques, and meet goals. Additionally, Mortgage Lending Manager monitors trends and developments in the real estate markets and changes to private and government-insured mortgages. Maintains relationships with a network of realtors, attorneys, CPAs, and other contacts to obtain referrals and facilitate the lending process. May require a bachelor's degree. Typically reports to a head of a unit/department. The Mortgage Lending Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Mortgage Lending Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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.
Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
Scrum: Using an agile process for managing the lifecycle development of software products.
Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
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.)
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