Mortgage Lender Salary in Minnesota

How much does a Mortgage Lender make in Minnesota?

As of May 01, 2026, the average annual pay of Mortgage Lender in Minnesota is $67,049. While Salary.com is seeing that Mortgage Lender salary in Minnesota can go up to $89,741 or down to $49,500, but most earn between $57,863 and $78,926. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Salary.com provides you with accurate and diversified Mortgage Lender salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Mortgage Lender hourly pay, weekly pay, monthly pay and so on.

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Mortgage Lender Salaries by Percentile
Annual
Salary 		Monthly
Pay 		Weekly
Pay 		Hourly
Wage
75th Percentile $78,926 $6,577 $1,518 $38
Average $67,049 $5,587 $1,289 $32
25th Percentile $57,863 $4,822 $1,113 $28
25% $57,863 10% $49,500 90% $89,741 75% $78,926 $67,049 50%(Median) Didn’t find job title? Click
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Highest Paying Cities for Mortgage Lender in Minnesota

The metropolitan areas that pay the highest salary in the Mortgage Lender profession are Minneapolis, Hopkins, Mendota, Saint Paul, Eden Prairie, Minnetonka, South Saint Paul, Navarre, Wayzata, and Newport.

Cities Salary
Minneapolis $68,444
Hopkins $68,188
Mendota $68,172
Saint Paul $68,105
Eden Prairie $67,987
Minnetonka $67,954
South Saint Paul $67,868
Navarre $67,806
Wayzata $67,799
Newport $67,717

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Salary.com job board provides millions of Mortgage Lender information for you to search for. Click on search button below to see Mortgage Lender job openings or enter a new job title here.

Job Openings for Mortgage Lender in Minnesota

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What does Mortgage Lender do?

Mortgage Lender solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Being a Mortgage Lender assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Lender typically reports to a manager or head of a unit/department. The Mortgage Lender gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Mortgage Lender typically requires 2 to 4 years of related experience. (Copyright 2026 Salary.com)... View full job description

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View Mortgage Lender Salaries in Other States

Geographic variations impact Mortgage Lender salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.