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Mortgage Banking Officer Salary in Tennessee

How much does a Mortgage Banking Officer make in Tennessee? The salary range for a Mortgage Banking Officer job is from $41,689 to $54,220 per year in Tennessee. Click on the filter to check out Mortgage Banking Officer job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 26, 2024
$47,969
Per Year
The average salary for a Mortgage Banking Officer is $47,969
per Year in Tennessee.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$41,689
$47,969
Medium
$54,220

Highest Paying Cities for Mortgage Banking Officer in Tennessee

Here are the top eight that pay the highest Mortgage Banking Officer salary in TN. Due to the cost of living in different locations, the Mortgage Banking Officer salary will also be different. Nashville with the highest wage for the Mortgage Banking Officer in Tennessee has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Mortgage Banking Officer

Mortgage Banking Officer works in Tennessee will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.
Top 5 States with Higher Salaries For
Mortgage Banking Officer in the United States:
Mortgage Banking Officer in District of Columbia: $57,656
Mortgage Banking Officer in California: $57,138
Mortgage Banking Officer in New Jersey: $56,775
Mortgage Banking Officer in Alaska: $56,413
Mortgage Banking Officer in Massachusetts: $56,361

How Much Do Similar Professions Get Paid in Tennessee?

The Mortgage Banking Officer jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Mortgage Banking Officer, while they have the Mortgage Banking Officer responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Mortgage Banking
Average salary
United States
$33,373
per Year
View salaries
Job openings
Director of Mortgage Banking
Average salary
United States
$62,914
per Year
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Job openings
Banking Officer
Average salary
United States
$79,903
per Year
View salaries
Job openings
Mortgage Officer
Average salary
United States
$49,726
per Year
View salaries
Job openings
Chief Mortgage Officer
Average salary
United States
$241,110
per Year
View salaries
Job openings
Commercial Banking Officer
Average salary
United States
$76,909
per Year
View salaries
Job openings

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What Does a Mortgage Banking Officer Do?

Mortgage loan officers may work for commercial banks, mortgage companies or other related financial institutions.

December 14, 2021

Most loan officers are employed by commercial banks, credit unions, mortgage companies, and other financial institutions.

December 14, 2021

So you work hard and do well in whatever field it is – mortgage banking or any other sales – the sky is the limit as far as your income”, shares Rosenthal.

November 24, 2021

By learning about the basic differences among three types of mortgage professionals—mortgage brokers, loan officers and mortgage bankers—you can figure out who can save you the most time and money.

November 19, 2021

Mortgage bankers and mortgage brokers are loan officers, but bankers use their own funds while brokers facilitate originations for other institutions.

November 19, 2021

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Most Common Benefits for Mortgage Banking Officer

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Mortgage Banking Officer
Get a personal salary report to know Which factors can influence Mortgage Banking Officer salary.
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Mortgage loan officers may work for commercial banks, mortgage companies or other related financial institutions.
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Check the below career pages for detailed pay ranges for similar professions to Mortgage Banking Officer:
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Elora pays the highest Mortgage Banking Officer wage. Get personal salary report to explore more salary information in different cities.
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The Mortgage Banking Officer salary range is $41,689 to $54,220 in TN.
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