Mortgage Loan Originator Salary in Saint Cloud, MN

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How much does a Mortgage Loan Originator make?

As of August 01, 2025, the average annual salary for a Mortgage Loan Originator in Saint Cloud, MN is around $50,252, with an hourly rate of $24. The average salary ranges from $39,047 (10th percentile) to $60,471 (90th percentile), with the majority earning between $44,387 (25th percentile) and $55,601 (75th percentile). A Mortgage Loan Originator's salary is shaped by several key factors, including experience level, specific skills, industry differences, company size, and so on. Below, we'll dive deeper into each of these factors to help you understand how they impact compensation.

View as table View as graph 25% $44,387 10% $39,047 90% $60,471 75% $55,601 $50,252 50%(Median) Didn’t find job title? Click

Mortgage Loan Originator Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $55,601 $4,633 $1,069 $27
Average $50,252 $4,188 $966 $24
25th Percentile $44,387 $3,699 $854 $21
500+ Mortgage Loan Originator job openings Go >
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Loan Originator

Mission Loans, LLC. - Virginia, MN

Mortgage Loan Officer

Fish Window Cleaning Services, Inc - Edina, MN

Mortgage Loan Originator

Jonestown Bank & Trust Co. - Virginia, MN

Mortgage Loan Officer

Firstintlbankaz - Minneapolis, MN

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How much does a Mortgage Loan Originator make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Mortgage Loan Originator salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Mortgage Loan Originator hourly pay, weekly pay, monthly pay and so on.

Last Updated on August 01, 2025

How does experience level affect a Mortgage Loan Originator's Salary?

An entry-level Mortgage Loan Originator with under 1 year experience makes about $48,961. With less than 2 years of experience, a mid-level Mortgage Loan Originator makes around $49,679. After 2-4 years, the Mortgage Loan Originator pay rises to about $50,802. Those senior Mortgage Loan Originator with 5-8 years of experience earn roughly $51,432, and those Mortgage Loan Originator having 8 years or more experience are expected to earn about $51,589 on average.

Levels Salary
Entry Level Mortgage Loan Originator $48,961
Intermediate Level Mortgage Loan Originator $49,679
Senior Level Mortgage Loan Originator $50,802
Specialist Level Mortgage Loan Originator $51,432
Expert Level Mortgage Loan Originator $51,589
$48,961 0 yr
$49,679 < 2 yrs
$50,802 2-4 yrs
$51,432 5-8 yrs
$51,589 > 8 yrs
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What are the Highest Paying Cities in Minnesota for Mortgage Loan Originator

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Best-Paid Skills and Qualifications for Mortgage Loan Originator

What skills does a Mortgage Loan Originator need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: 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.
  2. CRM: Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.
  3. Mortgage Lending: 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 3.95%
CRM 5.87%
Mortgage Lending 0.84%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Mortgage Loan Originator higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Food Safety, you can get a 82% salary raise. If you are good at Integrity, your salary will increase by 4%. If you are expert in Products and Services, your salary will rise by 4%.
Skill Salary Salary % Increase
Food Safety
$91,458
82%
Integrity
$52,262
4%
Products and Services
$52,262
4%
Data Entry
$52,262
4%
Communication Skills
$52,262
4%
Effective Communication
$52,262
4%

Job openings of Mortgage Loan Originator

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Cost of Living In Saint Cloud, MN

Cost of Living in Saint Cloud, MN is
3.2% Higher
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

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About Our Data

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