Junior Mortgage Banker Salary

$34,355

National Average

$37,864/ year

$18/hour

$42,397

Junior Mortgage Banker Salary in the United States Comparison by Location

Nationwide

United States

$37,864

Washington

District of Columbia

$42,142

$2,863

National Average

$3,155/ month

$18/hour

$3,533

Junior Mortgage Banker Salary in the United States Comparison by Location

Nationwide

United States

$3,155

Washington

District of Columbia

$3,512

$661

National Average

$728/ week

$18/hour

$815

Junior Mortgage Banker Salary in the United States Comparison by Location

Nationwide

United States

$728

Washington

District of Columbia

$810

$17

National Average

$18/ hour

$15/hour

$20

Junior Mortgage Banker Salary in the United States Comparison by Location

Nationwide

United States

$18

Washington

District of Columbia

$20

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$42,397	$3,533	$815	$20
Average	$37,864	$3,155	$728	$18
25th Percentile	$34,355	$2,863	$661	$17

How much does a Junior Mortgage Banker earn in the United States?

As of March 26, 2024, a Junior Mortgage Banker in the United States earns an average salary of $37,864 per year.

A Junior Mortgage Banker's salary 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 $18 an hour, $728/week, or $3,155/month.

The average salary of a Junior Mortgage Banker ranges from $34,355 to $42,397. The average salary range for a Junior Mortgage Banker 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.

According to job salary data displays, Junior Mortgage Banker in District of Columbia and California are high in demand. Junior Mortgage Banker in District of Columbia earn an average salary of $42,142 per year, which is $4,279(11.3%) more than the national average of $37,864. District of Columbia is ranked as the top salary of a Junior Mortgage Banker nationwide.

What is the Average Junior Mortgage Banker Salary by City?

Below is a list of the average salaries for a Junior Mortgage Banker in 10 cities in the United States. We've identified 354 cities where the typical salary for a Junior Mortgage Banker job is above the national average. The highest paying city for a Junior Mortgage Banker is in San Jose, CA, and the average salary for a Junior Mortgage Banker job is $47,519, which is higher than the national average.

This is followed by Santa Clara, CA and Fremont, CA in second and third places, which beat the national average by $9,655(25.5%) and $9,542(25.2%) respectively. In fourth place is San Francisco, CA, which pays $9,466(25%), above the national average. Daly City, CA, Oakland, CA and Berkeley, CA continue the rankings.

Based on the summary of average salaries paid by cities, the Junior Mortgage Banker job market in San Jose, CA is relatively active with a higher-paying salary compared to other cities in the United States.

Finally, Junior Mortgage Banker jobs pay differently based on the city, even if they are in the same state. The cost of living might be a key factor when considering the location and salary of a Junior Mortgage Banker position.

CITY	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
San Jose	$47,519	$3,960	$914	$23
Santa Clara	$47,519	$3,960	$914	$23
Fremont	$47,406	$3,950	$912	$23
San Francisco	$47,330	$3,944	$910	$23
Daly City	$47,330	$3,944	$910	$23
Oakland	$46,194	$3,849	$888	$22
Berkeley	$46,194	$3,849	$888	$22
Hayward	$46,118	$3,843	$887	$22
Concord	$46,118	$3,843	$887	$22
Jersey City	$44,225	$3,685	$850	$21

What Similar Jobs are Paid to Junior Mortgage Banker in the U.S.?

There are 11 jobs that we find are related to the Junior Mortgage Banker job category,these similar jobs include Mortgage Banker,Junior Banker,Private Mortgage Banker,Mortgage Banker Assistant,Senior Mortgage Banker,Executive Mortgage Banker,Junior Investment Banker,Junior Mortgage Consultant,Junior Mortgage Processor,Junior Mortgage Underwriter,and Junior Mortgage Loan Officer.

All of these 11 jobs are paid between $35,221 to $124,858, and the Mortgage Banker gets the highest paid with $124,858 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 Junior Mortgage Banker, you could refer to the below list of job salaries based on market prices in the United States.

JOB TITLE	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
Mortgage Banker	$124,858	$10,405	$2,401	$60
Junior Banker	$38,543	$3,212	$741	$19
Private Mortgage Banker	$49,617	$4,135	$954	$24
Mortgage Banker Assistant	$53,621	$4,468	$1,031	$26
Senior Mortgage Banker	$69,987	$5,832	$1,346	$34
Executive Mortgage Banker	$35,221	$2,935	$677	$17
Junior Investment Banker	$57,360	$4,780	$1,103	$28
Junior Mortgage Consultant	$48,448	$4,037	$932	$23
Junior Mortgage Processor	$36,135	$3,011	$695	$17
Junior Mortgage Underwriter	$67,319	$5,610	$1,295	$32
Junior Mortgage Loan Officer	$48,448	$4,037	$932	$23