How Much Does a Mortgage Funding Specialist Make in Michigan?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Mortgage Funding Specialist in Michigan is $63,678. While Salary.com is seeing that Mortgage Funding Specialist salary in MI can go up to $89,463 or down to $44,360, but most earn between $53,566 and $77,175. 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 Mortgage Funding Specialist
Mortgage Loan Funding Clerk
$42,013
Michigan
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Mortgage Loan Funding Manager
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Mortgage Funding Administrative Clerk
$42,100
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Mortgage Funding/Disbursements Manager
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Similar Job Salaries to Mortgage Funding Specialist by Company

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Company average base salary in (usd) range
Learning Care Group, Inc.
Grants and Funding Specialist
$87,905/yr
$73,266
$102,544
RANGE: $73,266 - $102,544
Innovation Mortgage
Mortgage Specialist
$68,934/yr
$58,471
$79,397
RANGE: $58,471 - $79,397
Cinfed Credit Union
Mortgage Lending Closing/Funding Specialist II
$89,452/yr
$71,621
$107,283
RANGE: $71,621 - $107,283
United Wholesale Mortgage
Mortgage Training Specialist
$98,053/yr
$79,025
$117,081
RANGE: $79,025 - $117,081
Priority 1 Lending, LLC
Mortgage Loan Specialist
$98,170/yr
$78,251
$118,089
RANGE: $78,251 - $118,089
Huntington Bank
CSC Mortgage Specialist
$93,248/yr
$74,332
$112,165
RANGE: $74,332 - $112,165
Pennymac
Mortgage Fulfillment Funding Manager
$86,276/yr
$71,012
$101,541
RANGE: $71,012 - $101,541
Solidify USA
Funding Specialist
$93,960/yr
$79,144
$108,775
RANGE: $79,144 - $108,775
Harvest Healthcare Solutions
Funding Specialist
$91,526/yr
$77,475
$105,577
RANGE: $77,475 - $105,577
Tesla Motors, Inc.
Funding Specialist
$119,737/yr
$102,312
$137,161
RANGE: $102,312 - $137,161

Open Mortgage Funding Specialist Jobs in Michigan

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Top 10 Highest Paying Cities For Mortgage Funding Specialist Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Mortgage Funding Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Mortgage Funding Specialist job salaries in Michigan. Some cities can pay higher salaries for Mortgage Funding Specialist jobs, which can indicate that there is a large demand for Mortgage Funding Specialist positions in this city.
The following table shows top 10 cities where the Mortgage Funding Specialist salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Mortgage Funding Specialist salary is $66,194 in Ann Arbor, which is higher than the national average. There are 18 cities' Mortgage Funding Specialist salary higher than national average in Michigan.
The average salary for a Mortgage Funding Specialist in Michigan is $63,678, but we found that the city with the highest salary for Mortgage Funding Specialist jobs is Ann Arbor, MI, and it is higher than Canton. Mortgage Funding Specialist 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 $66,194 $5,516 $1,273 $32
Canton $66,065 $5,505 $1,270 $32
Novi $65,871 $5,489 $1,267 $32
Westland $65,355 $5,446 $1,257 $31
West Bloomfield $65,097 $5,425 $1,252 $31
Detroit $65,033 $5,419 $1,251 $31
Warren $65,033 $5,419 $1,251 $31
Dearborn $65,033 $5,419 $1,251 $31
Waterford $65,033 $5,419 $1,251 $31
Dearborn Heights $64,968 $5,414 $1,249 $31

What Does a Mortgage Funding Specialist Do?

You can sometimes find entry-level positions in which your employer offers on-the-job training under the direction of an expert funding specialist.
Updated December 22, 2021
The minimum qualifications you need to become a funding specialist are a high school diploma or GED certificate and some work experience with loans.
Updated December 04, 2021
If you are thinking of becoming a Mortgage Funding Specialist or planning the next step in your career, find details about.
Updated October 12, 2021
A funding specialist works with a client or organization to determine how much funding is needed for a given project and how best to secure that funding.
Updated October 03, 2021

Frequently Asked Questions About a Mortgage Funding Specialist Salaries

What is the average of a Mortgage Funding Specialist in Michigan?

The Mortgage Funding Specialist salary range is from $53,566 to $77,175, and the average Mortgage Funding Specialist salary is $63,678/year in Michigan. The Mortgage Funding Specialist's salary will change in different locations.

Which location pays the highest Mortgage Funding Specialist salary in the United States?

The Mortgage Funding Specialist salary in San Jose, CA is $80,968 which is the highest in the US.

What kinds of reasons will influence the Mortgage Funding Specialist'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 Mortgage Funding Specialist.

What is the growth rate of the Mortgage Funding Specialist's salary?

If you are thinking of becoming a Mortgage Funding Specialist or planning the next step in your career, find the detailed salary report of a Mortgage Funding Specialist.