Mortgage Loan Assistant Salary in Olney, TX

How much does a Mortgage Loan Assistant make in Olney, TX?

As of August 01, 2026, the average salary for a Mortgage Loan Assistant in Olney, TX is $56,218 per year, which breaks down to an hourly rate of $27.

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

  • Top Earners (90th percentile): $63,449
  • Majority Range (25th-75th percentile): $51,837 to $60,003
  • Entry-Level (10th percentile): $47,848
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View as table View as graph 25% $51,837 10% $47,848 90% $63,449 75% $60,003 $56,218 50%(Median) Didn’t find job title? Click

Mortgage Loan Assistant Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $60,003 $5,000 $1,154 $29
Average $56,218 $4,685 $1,081 $27
25th Percentile $51,837 $4,320 $997 $25
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Key Factors That Influence Mortgage Loan Assistant Salaries

A Mortgage Loan Assistant'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, skills and company size can directly affect your earning potential.

How Experience Level Affects Mortgage Loan Assistant Salaries?

Experience is a primary driver of a Mortgage Loan Assistant'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): $44,546
  • Early Career (1-2 years): $55,940
  • Mid-Level (2-4 years): $81,570
  • Senior-Level (5-8 years): $83,802
  • Expert (over 8 years): $102,648
Levels Salary
Mortgage ... Level Mortgage Loan Assistant$44,546
Mortgage ... Level Mortgage Loan Assistant$55,940
Mortgage ... Level Mortgage Loan Assistant$81,570
Mortgage ... Level Mortgage Loan Assistant$83,802
Mortgage ... Level Mortgage Loan Assistant$102,648
$44,546 0 yr
$55,940 < 2 yrs
$81,570 2-4 yrs
$83,802 5-8 yrs
$102,648 > 8 yrs
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What Am I Worth?

Top Paying Cities for Mortgage Loan Assistants

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: $79,378
  • San Francisco: $78,509
  • Oakland: $76,855

What Skills Can Increase a Mortgage Loan Assistant's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 3.96% 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.
  • CRM (Mentioned in 5.85% Job Postings): Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.
  • Mortgage Lending (Mentioned in 0.88% Job Postings): A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
See More Skills
Skills Demand Percentage
Customer Service 3.96%
CRM 5.85%
Mortgage Lending 0.88%
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 Loan Assistant's salary.
  • Brand Awareness: Can increase your salary by up to 11%.
  • Services Marketing: Can increase your salary by up to 11%.
  • Customer Engagement: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Brand Awareness
$62,402
11%
Services Marketing
$62,402
11%
Customer Engagement
$61,840
10%
Financial Services
$59,029
5%
Effective Communication
$59,029
5%
Presentation
$59,029
5%
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Mortgage Loan Assistant Salary by Industry: Top Paying Sectors

For Mortgage Loan Assistant roles, the industry you choose can affect earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 10% above the average. In contrast, Mortgage Loan Assistant positions in Business Services or Insurance typically offer lower base pay, as these industries often view Mortgage Loan Assistant as a support function rather than a direct revenue driver.

The top paying industries for a Mortgage Loan Assistant

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$61,840$30.010%
Edu., Gov't. & Nonprofit$59,029$28.05%

Mortgage Loan Assistant Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Loan Assistant'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 August 01, 2026

Find Your Next Mortgage Loan Assistant Job

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

United States
  • Subway - 23310-0

    Olney, TX

    Subway - 23310-0 | Olney, TX

    Job Description. Job Description. As part of the Subway® Team, you as a Manager will focus on eight main things. Providing an excellent guest experience. E... more

    4 Days Ago

  • Family Dollar

    Olney, TX

    Family Dollar | Olney, TX

    Customer Service Associate. We're seeking a Customer Service Associate to join our team and deliver a great shopping experience for every customer. Duties ... more

    4 Days Ago

  • Vibra Travels

    Olney, TX

    Vibra Travels | Olney, TX

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    4 Days Ago

  • Olney Rehabilitation and Care Center

    Olney, TX

    Olney Rehabilitation and Care Center | Olney, TX

    Job Description. Job Description. Olney Rehabilitation and Care Center, located in Olney, TX, has a mission to consistently deliver high quality, person-ce... more

    6 Days Ago

  • Olney Rehabilitation and Care Center

    Olney, TX

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  • Spherion Staffing &amp; Recruiting

    Olney, TX

    Spherion Staffing &amp; Recruiting | Olney, TX

    Job Description. Job Description. Spherion Staffing is hiring Production Workers for a large scale production plant in Olney, TX. Work schedule is Monday-F... more

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Cost of Living In Olney, TX

Cost of Living in Olney, TX is
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