Build a Career You'll Love

Mortgage Loan Specialist Salary in the United States

How much does a Mortgage Loan Specialist make in the United States? The salary range for a Mortgage Loan Specialist job is from $55,043 to $75,403 per year in the United States. Click on the filter to check out Mortgage Loan Specialist job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$64,967
Per Year
The average salary for a Mortgage Loan Specialist is $64,967
per Year in the United States.
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
$55,043
$64,967
Medium
$75,403

Highest Paying Cities for Mortgage Loan Specialist in the United States

Mortgage Loan Specialist salaries in the United States will pay differently by cities. Below following are the eight cities with the highest income for Mortgage Loan Specialist jobs in the United States. The city with the highest salary is San Jose. Click on the Mortgage Loan Specialist salary in cities you are interested in to view detailed job salary information.

States with Higher Salaries for Mortgage Loan Specialist

The five states where Mortgage Loan Specialist jobs get higher salaries in the United States are: District of Columbia, California, New Jersey, Alaska, and Massachusetts. Compared with the average salary of a Mortgage Loan Specialist in the United States, the state of District of Columbia with the highest job income for this job. The second and third states are California and New Jersey respectively. The high or low salary paid to Mortgage Loan Specialist by the US has a greater relationship with the demand for jobs and the cost of living.

How Much Do Similar Professions Get Paid in the United States?

There are some different titles for Mortgage Loan Specialist jobs, and the job title of Mortgage Loan Specialist will vary in different companies. The job title has a lot to do with the department and responsibilities, and the same job title will vary in different departments. The following list is the salary of jobs similar to Mortgage Loan Specialist, start to view Mortgage Loan Specialist-related jobs you are interested in.
Mortgage Loan Servicing Specialist
Average salary
United States
$45,425
per Year
Mortgage Loan Documentation Specialist II
Average salary
United States
$54,830
per Year
Mortgage Loan Processing Compliance Specialist
Average salary
United States
$51,000
per Year
Mortgage Loan Closing Specialist I
Average salary
United States
$51,160
per Year
Mortgage Loan Documentation Specialist I
Average salary
United States
$45,540
per Year
Mortgage Loan Closing Specialist II
Average salary
United States
$57,690
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Mortgage Loan Specialist Do?

Taking the time to understand exactly how to become a mortgage loan originator in the first place will mean you are confident going into training.

December 18, 2021

The costs vary greatly but a mortgage broker generally earns between 1% and 3% of the total loan amount.

December 18, 2021

A servicing fee is the percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for servicing a loan.

December 17, 2021

The cost of a reverse mortgage loan will depend on the type of loan and the lender you choose. Typically, a reverse mortgage loan is more expensive than other home loans.

December 16, 2021

Can’t directly help you get a mortgage, they can ensure that your financial plan isn’t overly impacted by the introduction of monthly loan payments. Finding a qualified financial advisor doesn’t have to be hard.

December 15, 2021

Most Common Benefits for Mortgage Loan Specialist

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

Frequently Asked Questions

Common questions about salaries for a Mortgage Loan Specialist
Get a personal salary report to know your salary based on location, education, experience, and other influence factors.
Is this information useful?
Thank you!
Taking the time to understand exactly how to become a mortgage loan originator in the first place will mean you are confident going into training.
Is this information useful?
Thank you!
Is this information useful?
Thank you!
Explore our personal salary report to know the Mortgage Loan Specialist market value in the United States. And find out if any places are having a higher Mortgage Loan Specialist salary.
Is this information useful?
Thank you!
The highest Mortgage Loan Specialist salary is $75,403, while the lowest is $55,043 in the United States.
Is this information useful?
Thank you!

Career Insights

What is Pay-for-Performance Compensation?
pay and salary
What is Pay-for-Performance Compensation?
What Is a Salary Grading Scale?
pay and salary
What Is a Salary Grading Scale?
The Gender Pay Gap in America in 2022
pay and salary
Understanding the Gender Pay Gap in America