Mortgage Banking Officer Salary in the United States

How much does a Mortgage Banking Officer make in the United States?

As of January 01, 2026, the average salary for a Mortgage Banking Officer in the United States is $54,412 per year, which breaks down to an hourly rate of $26.

However, a Mortgage Banking Officer's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $62,014
  • Majority Range (25th-75th percentile): $49,291 to $58,391
  • Entry-Level (10th percentile): $44,629
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View as table View as graph 25% $49,291 10% $44,629 90% $62,014 75% $58,391 $54,412 50%(Median) Didn’t find job title? Click

Mortgage Banking Officer Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $58,391 $4,866 $1,123 $28
Average $54,412 $4,534 $1,046 $26
25th Percentile $49,291 $4,108 $948 $24
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Key Factors That Influence Mortgage Banking Officer Salaries

A Mortgage Banking Officer'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 and company size can directly affect your earning potential.

How Experience Level Affects Mortgage Banking Officer Salaries?

Experience is a primary driver of a Mortgage Banking Officer'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:

  • Entry-Level (less than 1 year): $53,914
  • Early Career (1-2 years): $54,057
  • Mid-Level (2-4 years): $55,776
  • Senior-Level (5-8 years): $57,440
  • Expert (over 8 years): $57,559
Levels Salary
Entry Level Mortgage Banking Officer$53,914
Intermediate Level Mortgage Banking Officer$54,057
Senior Level Mortgage Banking Officer$55,776
Specialist Level Mortgage Banking Officer$57,440
Expert Level Mortgage Banking Officer$57,559
$53,914 0 yr
$54,057 < 2 yrs
$55,776 2-4 yrs
$57,440 5-8 yrs
$57,559 > 8 yrs
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What Am I Worth?

How Do Mortgage Banking Officer Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Mortgage Banking Officers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $60,245.
  • California: $60,017.
  • Massachusetts: $59,217.

Top Paying Cities for Mortgage Banking Officers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $68,630
  • San Francisco: $67,955
  • Oakland: $66,448

What Skills Can Increase a Mortgage Banking Officer's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 20.02% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Customer Satisfaction (Mentioned in 1.68% Job Postings): Customer satisfaction (often abbreviated as CSAT, more correctly CSat) is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." The Marketing Accountability Standards Board (MASB) endorses the definitions, purposes, and constructs of classes of measures that appear in Marketing Metrics as part of its ongoing Common Language in Marketing Project. In a survey of nearly 200 senior marketing managers, 71 percent responded that they found a customer satisfaction metric very useful in managing and monitoring their businesses. It is seen as a key performance indicator within business and is often part of a Balanced Scorecard. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy.
  • Claim Processing (Mentioned in 1.08% Job Postings): Claims processing refers to the insurance company's procedure to check the claim requests for adequate information, validation, justification and authenticity.
See More Skills
Skills Demand Percentage
Customer Service 20.02%
Customer Satisfaction 1.68%
Claim Processing 1.08%
What skills can make your compensation higher?
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 Mortgage Banking Officer's salary.
  • Decision Making: Can increase your salary by up to 8%.
  • Leadership: Can increase your salary by up to 6%.
  • Analysis: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Decision Making
$58,765
8%
Leadership
$57,677
6%
Analysis
$57,133
5%
Empathy
$56,589
4%
Initiative
$56,589
4%
Troubleshooting
$56,589
4%
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Mortgage Banking Officer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Banking Officer'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.

Last Updated on January 01, 2026

Salary Trends for Mortgage Banking Officer

Salaries for a Mortgage Banking Officer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $41,306 in 2023 to around $40,789 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Banking Officer salary trends, .

Average Annual Salary of Mortgage Banking Officer Over Time

2022
$???
2023
$41,306
2024
$41,035
2025
$40,789
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $41,306
2024 $41,035
2025 $40,789
2026
View More
2027
View More

Most common benefits for Mortgage Banking Officer

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Mortgage Banking Officer

Here are companies hiring for Mortgage Banking Officer and their salaries, click below for more details.

Find Your Next Mortgage Banking Officer Job

Ready to take the next step in your career? Browse thousands of current Mortgage Banking Officer job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

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.)

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