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As of August 01, 2026, the average salary for a Mortgage Loan Originator in Indiana is $48,869 per year, which breaks down to an hourly rate of $23.
However, a Mortgage Loan Originator's salary can vary significantly. Here’s a look at the typical salary range:
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Mortgage Loan Originator Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $53,848 | $4,487 | $1,036 | $26 |
| Average | $48,869 | $4,072 | $940 | $23 |
| 25th Percentile | $43,021 | $3,585 | $827 | $21 |
Centier Bank - Fort Wayne, IN
Centier Bank - South Bend, IN
Beacon Credit Union - Kokomo, IN
Beacon Credit Union - New Albany, IN
A Mortgage Loan Originator'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.
Experience is a primary driver of a Mortgage Loan Originator'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 |
|---|---|
| Mortgage ... Level Mortgage Loan Originator | $48,503 |
| Mortgage ... Level Mortgage Loan Originator | $60,908 |
| Mortgage ... Level Mortgage Loan Originator | $88,815 |
| Mortgage ... Level Mortgage Loan Originator | $91,245 |
| Mortgage ... Level Mortgage Loan Originator | $111,765 |
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 Loan Originators. For example, consider the average annual salaries in these key locations:
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:
For Mortgage Loan Originator roles, the industry you choose can affect earning potential by as much as 35% (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 20% above the average. In contrast, Mortgage Loan Originator positions in Insurance or Business Services typically offer lower base pay, as these industries often view Mortgage Loan Originator as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $58,642 | $28.0 | 20% |
| Edu., Gov't. & Nonprofit | $51,312 | $25.0 | 5% |
Understanding how a Mortgage Loan Originator'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $53,848 | $4,487 | $1,036 | $26 |
| Average | $48,869 | $4,072 | $940 | $23 |
| 25th Percentile | $43,021 | $3,585 | $827 | $21 |
Ready to take the next step in your career? Browse thousands of current Mortgage Loan Originator job openings on our job board. Use the search bar below to find your perfect match.
Natco Credit Union
Richmond, IN
Natco Credit Union | Richmond, IN
Job Description. Job Description. JOB TITLE. Mortgage Loan Processor. JOB CODE. MLP. EMPLOYER. Natco Credit Union. DEPARTMENT. Lending. REPORTS TO. Mortgag... more
4 Days Ago
SWBC Mortgage
Bedford, IN
SWBC Mortgage | Bedford, IN
Youll work directly with a leading loan officer team gaining hands-on experience mentorship and access to real mortgage leads.Whether youre working remotel... more
6 Days Ago
The Bippus State Bank
Huntington, IN
The Bippus State Bank | Huntington, IN
Job Description. Job Description. Description. Responsibilities. Order appraisals, title work, flood certificate, all supporting documents. This also inclu... more
2 Days Ago
Mutual of Omaha Mortgage
Evansville, IN
Mutual of Omaha Mortgage | Evansville, IN
Sales Training Program Reverse Mortgage Loan Officer. Launch your career in the reverse mortgage industry with the backing of one of America's most trusted... more
6 Days Ago
OneMain Financial
JACKSONVILLE, NC
OneMain Financial | JACKSONVILLE, NC
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life’... more
2 Days Ago
Confidential
ANCHORAGE, AK
Confidential | ANCHORAGE, AK
Associate Vice President, Mortgage Loan Origination & Branch Operations. About the Company. Well-established credit union. Industry. Financial Services. Ty... more
1 Month Ago
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