As of December 01, 2024, the average annual pay of Mortgage Loan Officer II in MD is $69,112. While Salary.com is seeing that Mortgage Loan Officer II salary in MD can go up to $91,652 or down to $50,922, but most earn between $59,591 and $80,911. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer II in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $78,478 | $6,540 | $1,509 | $38 |
| Average | $67,034 | $5,586 | $1,289 | $32 |
| 25th Percentile | $57,799 | $4,817 | $1,112 | $28 |
An entry-level Mortgage Loan Officer II with under 1 year experience makes about $65,641. With less than 2 years of experience, a mid-level Mortgage Loan Officer II makes around $65,923. After 2-4 years, the Mortgage Loan Officer II pay rises to about $67,761. Those senior Mortgage Loan Officer II with 5-8 years of experience earn roughly $73,132, and those Mortgage Loan Officer II having 8 years or more experience are expected to earn about $74,885 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Loan Officer II | $65,641 |
| Intermediate Level Mortgage Loan Officer II | $65,923 |
| Senior Level Mortgage Loan Officer II | $67,761 |
| Specialist Level Mortgage Loan Officer II | $73,132 |
| Expert Level Mortgage Loan Officer II | $74,885 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 9% |
| Experienced | 12% |
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Mortgage Loan Officer II salary varies from city to city. Compared with national average salary of Mortgage Loan Officer II, the highest Mortgage Loan Officer II salary is in San Francisco, CA, where the Mortgage Loan Officer II salary is 25.0% above. The lowest Mortgage Loan Officer II salary is in Miami, FL, where the Mortgage Loan Officer II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $83,793 |
25.0%
|
| Washington, DC | $74,609 |
11.3%
|
| Miami, FL | $64,688 |
|
| Chicago, IL | $70,319 |
4.9%
|
| Boston, MA | $75,145 |
12.1%
|
| New York, NY | $78,296 |
16.8%
|
