Home Lender Salary in Michigan Comparison by Location
Nationwide
United States
$51,740
Michigan
United States
$51,068
How much does a Home Lender earn in Michigan
As of March 01, 2025, a Home Lender in Michigan earns
an average salary of $51,068 per year.
A Home Lender's salary in Michigan can be paid hourly,
weekly or monthly depending on the company and job type.
Most part-time jobs will be paid hourly or weekly.
Using the salary calculator,
the average pay comes out to be about $25 an hour
or $982/week
or $4,256/month.
The average salary of a Home Lender ranges
from $42,934 to $59,092.
The average salary range for a Home Lender varies widely,
which indicates that there are many opportunities for advancement, promotions, and salary increases.
These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Michigan is ranked 23th out of 51 states nationwide for Home Lender salaries.
Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Home Lender jobs,
with more online, real-time compensation data than any other website.
What is the Average Home Lender Salary by City in Michigan?
Below is a list of the average salaries for a Home Lender in 10 cities in Michigan.
We've identified 167 cities where the typical salary for
a Home Lender job is above the average in Michigan.
The top-paid city for Home Lender is Saline
and the average salary for a Home Lender job is earned $53,086
which is higher than the average in Michigan.
This is followed by Ypsilanti and Ann Arbor in second and third places,
which beat the average in Michigan
by $2,018(3.95%)
and $2,018(3.95%) respectively. In fourth place is Dexter with a salary of $53,086,
which is higher than the Michigan average salary. Salem and Whitmore Lake continue the rankings.
Based on the summary of average salaries paid by cities in Michigan,
the Home Lender job market in Saline is relatively active
with a higher salary paid to compare to other cities in Michigan.
Finally, Home Lender jobs pay differently by city, even if they are in Michigan.
The cost of living might be a key factor when considering the location and salary of a Home Lender position.
CITY
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
Saline
$53,086
$4,424
$1,021
$26
Ypsilanti
$53,086
$4,424
$1,021
$26
Ann Arbor
$53,086
$4,424
$1,021
$26
Dexter
$53,086
$4,424
$1,021
$26
Salem
$53,034
$4,419
$1,020
$25
Whitmore Lake
$53,034
$4,419
$1,020
$25
Whittaker
$53,034
$4,419
$1,020
$25
Willis
$53,034
$4,419
$1,020
$25
Bridgewater
$53,034
$4,419
$1,020
$25
Milan
$52,982
$4,415
$1,019
$25
What Similar Jobs are Paid to Home Lender in Michigan?
There are 11 jobs that we find are related to the Home Lender job category,these similar jobs include Lender,Commercial Lender,Consumer Lender,Business Lender,Agricultural Lender,Agriculture Lender,Sba Lender,Small Business Lender,Real Estate Lender,Assistant to Mortgage Lender,and Commercial Real Estate Lender.
All of these 11 jobs are paid
between $43,486 to $110,759,
and the Real Estate Lender gets the highest paid with $110,759 from them.
Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others.
If you're qualified to be hired for one of these similar jobs to the Home Lender,
you could refer to the below list of job salaries based on market prices in Michigan.