As of April 01, 2025, the average annual salary for a Mortgage Loan Funding Clerk, Sr. in Michigan is $47,815. Salary.com reports that pay typically ranges from $43,385 to $51,554, with most professionals earning between $39,352 and $54,959.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,350 | $4,363 | $1,007 | $25 |
| Average | $48,553 | $4,046 | $934 | $23 |
| 25th Percentile | $44,055 | $3,671 | $847 | $21 |
An entry-level Mortgage Loan Funding Clerk, Sr. with under 1 year experience makes about $45,303. With less than 2 years of experience, a mid-level Mortgage Loan Funding Clerk, Sr. makes around $45,633. After 2-4 years, the Mortgage Loan Funding Clerk, Sr. pay rises to about $48,206. Those senior Mortgage Loan Funding Clerk, Sr. with 5-8 years of experience earn roughly $50,717, and those Mortgage Loan Funding Clerk, Sr. having 8 years or more experience are expected to earn about $50,885 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Loan Funding Clerk, Sr. | $45,303 |
| Intermediate Level Mortgage Loan Funding Clerk, Sr. | $45,633 |
| Senior Level Mortgage Loan Funding Clerk, Sr. | $48,206 |
| Specialist Level Mortgage Loan Funding Clerk, Sr. | $50,717 |
| Expert Level Mortgage Loan Funding Clerk, Sr. | $50,885 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 1% |
| Top Level | 4% |
| Experienced | 5% |
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