As of August 01, 2026, the average salary for a Secondary Market Analyst II in the United States is $77,835 per year, which breaks down to an hourly rate of $37.
However, a Secondary Market Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
Secondary Market Analyst II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $83,024 | $6,919 | $1,597 | $40 |
| Average | $77,835 | $6,486 | $1,497 | $37 |
| 25th Percentile | $71,565 | $5,964 | $1,376 | $34 |
A Secondary Market Analyst II'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Secondary Market Analyst II'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:
| Levels | Salary |
|---|---|
| Entry Level Secondary Market Analyst II | $77,367 |
| Intermediate Level Secondary Market Analyst II | $77,990 |
| Senior Level Secondary Market Analyst II | $79,152 |
| Specialist Level Secondary Market Analyst II | $79,384 |
| Expert Level Secondary Market Analyst II | $79,539 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Initiative | 3.53% |
| Capital Market | 2.35% |
| Back Office | 1.18% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Secondary Market Analyst II's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Front Office | $91,067 | |
| Analytical Skills | $88,732 | |
| Back Office | $87,175 |
Secondary Market Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $83,802. While startup companies pay approximate $71,024.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $71,024 |
| Growth Stage | 51~500 | $75,095 |
| Established | 501~5000 | $80,953 |
| Enterprise | 5000+ | $83,802 |
Your level of education can impact your salary potential. While many Secondary Market Analyst II enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Secondary Market Analyst II with a Bachelor's Degree is between $64,156 and $71,413.
| Typical Education for Secondary Market Analyst II | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 1.1% |
| High School | 11.6% |
| Associates | 5.3% |
| Bachelors | 64.2% |
| Masters | 17.9% |
| Doctorate | 0.0% |
Understanding how a Secondary Market Analyst II'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $83,024 | $6,919 | $1,597 | $40 |
| Average | $77,835 | $6,486 | $1,497 | $37 |
| 25th Percentile | $71,565 | $5,964 | $1,376 | $34 |
Promotions are the fastest way to increase your earnings. As a Secondary Market Analyst II, 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.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Mortgage Loan Officer III | $93,178 | 20% |
| Secondary Market Analyst III | $94,322 | 21% |
| Mortgage Lending Branch Manager | $111,969 | 44% |
Salaries for a Secondary Market Analyst II can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $70,211 in 2023 to around $70,401 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Secondary Market Analyst II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $70,211 |
| 2024 | $70,806 |
| 2025 | $70,401 |
| 2026 |
View More
|
| 2027 |
View More
|
Analyze the market and your qualifications to negotiate your salary with confidence.
Search thousands of open positions to find your next opportunity.
Individualize employee pay based on unique job requirements and personal qualifications.
Get the latest market price for benchmark jobs and jobs in your industry.
A Secondary Market Analyst II'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 Secondary Market Analyst II earns the most in San Jose, CA, where the annual salary of a Secondary Market Analyst II is $98,173.
The highest pay for Secondary Market Analyst II is $87,748.
The lowest pay for Secondary Market Analyst II is $65,856.
Responsible for administering secondary market duties for an organization. Analyzes mortgage loan portfolios and evaluates documents and applications for completeness and accuracy. Reviews market trends and economic conditions to evaluate the risk and return of a loan sale or purchase. Creates reports and models to forecast asset performance and works with internal stakeholders to make recommendations. Ensures compliance with secondary market regulations and company protocols. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
The Financial Services industry offers the highest average compensation for Secondary Market Analyst II roles, with salaries approximately 50% above the market median.
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.
Salary.com's CompAnalyst platform offers: