As of March 01, 2026, the average salary for a Mortgage Analyst in the United States is $57,976 per year, which breaks down to an hourly rate of $28.
However, a Mortgage Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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A Mortgage Analyst'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Mortgage Analyst'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:
| Levels | Salary |
|---|---|
| Entry Level Mortgage Analyst | $56,840 |
| Intermediate Level Mortgage Analyst | $57,558 |
| Senior Level Mortgage Analyst | $59,647 |
| Specialist Level Mortgage Analyst | $60,064 |
| Expert Level Mortgage Analyst | $60,343 |
What Am I Worth?
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 Analysts. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 17.96% |
| Commercial Loans | 2.25% |
| Billing | 1.45% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Financial Statement Analysis
|
$78,267 |
35%
|
|
Commercial Banking
|
$72,470 |
25%
|
|
Credit Risk
|
$71,310 |
23%
|
|
Risk Management
|
$70,731 |
22%
|
|
Accountability
|
$68,991 |
19%
|
|
Financial Analysis
|
$67,252 |
16%
|
Your level of education can impact your salary potential. While many Mortgage Analysts enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Mortgage Analyst with a High School Diploma or Technical Certificate is between $52,439 and $56,762).
Mortgage Analyst Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 24.0% |
| High School | 24.0% |
| Associates | 4.0% |
| Bachelors | 64.0% |
| Masters | 8.0% |
| Doctorate | 0.0% |
Understanding how a Mortgage Analyst'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 March 01, 2026Salaries for a Mortgage Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $59,270 in 2023 to around $58,503 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Analyst salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $59,270 |
| 2024 | $58,826 |
| 2025 | $58,503 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Mortgage Analyst and their salaries, click below for more details.
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