How Much Does a Home Loan Advisor Make in Michigan?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Home Loan Advisor in Michigan is $65,994. While Salary.com is seeing that Home Loan Advisor salary in MI can go up to $86,127 or down to $47,135, but most earn between $56,122 and $76,532. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Home Loan Advisor
Loan Advisor
$45,177
Michigan
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Home Advisor
$72,079
Michigan
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Student Loan Advisor
$35,348
Michigan
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Mortgage Loan Advisor
$64,623
Michigan
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Similar Job Salaries to Home Loan Advisor by Company

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Company average base salary in (usd) range
Golden 1 Talent Acquisition Team
Home Loan Carlsbad - Home Loan Advisor - External
$110,119/yr
$86,693
$133,545
RANGE: $86,693 - $133,545
Golden 1 Talent Acquisition Team
Home Loan Advisor - External (Carlsbad)
$105,128/yr
$83,799
$126,456
RANGE: $83,799 - $126,456
Interim HealthCare Home Health and Hospice
Home Health Nurse Advisor
$78,905/yr
$70,949
$86,862
RANGE: $70,949 - $86,862
Golden 1 Credit Union
Home Loan Thousand Oaks - Home Loan Advisor - External
$111,563/yr
$87,830
$135,296
RANGE: $87,830 - $135,296
JPMorgan Chase
Senior Home Lending Advisor - Warren MI
$116,430/yr
$94,068
$138,793
RANGE: $94,068 - $138,793
The Ferrin Agency
Work-from-Home Life Insurance Advisor
$98,635/yr
$80,988
$116,282
RANGE: $80,988 - $116,282
JPMorgan Chase
Senior Home Lending Advisor - Shelby Township MI
$114,005/yr
$92,109
$135,901
RANGE: $92,109 - $135,901
JPMorgan Chase
Senior Home Lending Advisor - Fort Gratiot MI
$115,506/yr
$93,322
$137,691
RANGE: $93,322 - $137,691
JPMorganChase
Senior Home Lending Advisor - Novi MI
$117,932/yr
$95,282
$140,582
RANGE: $95,282 - $140,582
Drivetime
Loan Advisor
$45,674/yr
$40,255
$51,094
RANGE: $40,255 - $51,094

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Top 10 Highest Paying Cities For Home Loan Advisor Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Home Loan Advisor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Home Loan Advisor job salaries in Michigan. Some cities can pay higher salaries for Home Loan Advisor jobs, which can indicate that there is a large demand for Home Loan Advisor positions in this city.
The following table shows top 10 cities where the Home Loan Advisor salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Home Loan Advisor salary is $68,601 in Ann Arbor, which is higher than the national average. There are 18 cities' Home Loan Advisor salary higher than national average in Michigan.
The average salary for a Home Loan Advisor in Michigan is $65,994, but we found that the city with the highest salary for Home Loan Advisor jobs is Ann Arbor, MI, and it is higher than Canton. Home Loan Advisor jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $68,601 $5,717 $1,319 $33
Canton $68,467 $5,706 $1,317 $33
Novi $68,267 $5,689 $1,313 $33
Westland $67,732 $5,644 $1,303 $33
West Bloomfield $67,465 $5,622 $1,297 $32
Detroit $67,398 $5,616 $1,296 $32
Warren $67,398 $5,616 $1,296 $32
Dearborn $67,398 $5,616 $1,296 $32
Waterford $67,398 $5,616 $1,296 $32
Dearborn Heights $67,331 $5,611 $1,295 $32

What Does a Home Loan Advisor Do?

An MRTA provides protection for an outstanding loan amount (usually a home loan), in the event of death or total permanent disability of the person insured.
Updated October 18, 2021
You can check all the home loan interest rates and fill in the home loan application in the home loan calculator above.
Updated December 21, 2021
If your DTI is too high, you’ll need to work on reducing or eliminating some existing debt before you apply for a home loan.
Updated December 09, 2021
That’s the power of our Human Interest Rate – interest in you that allows us to build home loan solutions around your needs.
Updated December 05, 2021
For this reason, we've compiled a short guide to explain how a home loan works, and what you need to know before you apply for a mortgage.
Updated November 23, 2021

Frequently Asked Questions About a Home Loan Advisor Salaries

What is the average of a Home Loan Advisor in Michigan?

The Home Loan Advisor salary range is from $56,122 to $76,532, and the average Home Loan Advisor salary is $65,994/year in Michigan. The Home Loan Advisor's salary will change in different locations.

Which location pays the highest Home Loan Advisor salary in the United States?

The Home Loan Advisor salary in San Jose, CA is $83,913 which is the highest in the US.

What kinds of reasons will influence the Home Loan Advisor's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Home Loan Advisor.

What is the growth rate of the Home Loan Advisor's salary?

If you are thinking of becoming a Home Loan Advisor or planning the next step in your career, find the detailed salary report of a Home Loan Advisor.