As of December 01, 2024, the average annual pay of Mortgage Lender in Tulsa, OK is $61,984. While Salary.com is seeing that Mortgage Lender salary in Tulsa, OK can go up to $82,962 or down to $45,761, but most earn between $53,492 and $72,964. 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.
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.
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
---|---|---|---|---|
75th Percentile | $72,964 | $6,080 | $1,403 | $35 |
Average | $61,984 | $5,165 | $1,192 | $30 |
25th Percentile | $53,492 | $4,458 | $1,029 | $26 |
Mortgage Broker / Loan Officer
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An entry-level Mortgage Lender with no related experience makes about $60,229. With less than 2 years of experience, a mid-level Mortgage Lender makes around $60,488. After 2-4 years, the Mortgage Lender pay rises to about $62,175. Those senior Mortgage Lender with 5-8 years of experience earn roughly $67,103, and those Mortgage Lender having 8 years or more experience are expected to earn about $68,711 on average.
Entry Level | 3% |
Mid Level | 2% |
Senior Level | 0% |
Top Level | 8% |
Experienced | 11% |
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The metropolitan areas that pay the highest salary in the Mortgage Lender profession are Broken Arrow,OK, Bartlesville,OK, Muskogee,OK, Oklahoma City,OK, Fayetteville,AR, Springdale,AR, Edmond,OK, Norman,OK, Stillwater,OK, and Bentonville,AR.
Cities | Salary |
---|---|
Broken Arrow,OK | $62,207 |
Bartlesville,OK | $61,813 |
Muskogee,OK | $61,813 |
Oklahoma City,OK | $59,854 |
Fayetteville,AR | $59,691 |
Springdale,AR | $59,691 |
Edmond,OK | $59,658 |
Norman,OK | $59,461 |
Stillwater,OK | $59,265 |
Bentonville,AR | $59,219 |
Mortgage Lender salary varies from city to city. Compared with national average salary of Mortgage Lender, the highest Mortgage Lender salary is in San Francisco, CA, where the Mortgage Lender salary is 25.0% above. The lowest Mortgage Lender salary is in Miami, FL, where the Mortgage Lender salary is 3.5% lower than national average salary.
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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 2024 Salary.com)... View full job description
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