Mortgage Loan Consultant Salaries in Michigan
How Much Does a Mortgage Loan Consultant Make in Michigan?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Mortgage Loan Consultant in Michigan is $48,959.
While Salary.com is seeing that Mortgage Loan Consultant salary in MI can go up to $63,475
or down to $34,633, but most earn between $41,460 and $56,557.
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 Loan Consultant
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Mortgage Loan Consultant by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Michigan Schools and Government Credit Union
Mortgage Consultant (Mortgage Loan Officer)
|
$61,837/yr
|
RANGE: $53,900 - $69,773
|
|
Get It - Real Estate
Remote Mortgage Loan Officer Consultant
|
$100,501/yr
|
RANGE: $80,111 - $120,891
|
|
Get It - Hospitality
Remote Mortgage Consultant - Loan Officer
|
$100,501/yr
|
RANGE: $80,111 - $120,891
|
|
Michigan First
Mortgage Loan Officer
|
$95,284/yr
|
RANGE: $75,953 - $114,616
|
|
LAFCU
Mortgage Loan Originator
|
$95,284/yr
|
RANGE: $75,953 - $114,616
|
|
Independent Bank Opportunities
Mortgage Loan Originator
|
$90,994/yr
|
RANGE: $72,042 - $109,946
|
|
DFCU Financial
Mortgage Loan Officer - Michigan
|
$97,155/yr
|
RANGE: $77,444 - $116,865
|
|
City National Bank
Mortgage Loan Underwriter Senior
|
$91,639/yr
|
RANGE: $78,182 - $105,096
|
Top 10 Highest Paying Cities For Mortgage Loan Consultant 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 Loan Consultant 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 Loan Consultant job salaries in Michigan.
Some cities can pay higher salaries for Mortgage Loan Consultant jobs, which can indicate that there is a large demand for Mortgage Loan Consultant positions in this city.
The following table shows top 10 cities where the Mortgage Loan Consultant salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Mortgage Loan Consultant salary is $50,893 in Ann Arbor,
which is higher than the national average. There are 18 cities' Mortgage Loan Consultant salary higher than national average in Michigan.
The average salary for a Mortgage Loan Consultant in Michigan is $48,959,
but we found that the city with the highest salary for Mortgage Loan Consultant jobs is Ann Arbor, MI, and it is higher than Canton.
Mortgage Loan Consultant 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 | $50,893 | $4,241 | $979 | $24 |
| Canton | $50,794 | $4,233 | $977 | $24 |
| Novi | $50,645 | $4,220 | $974 | $24 |
| Westland | $50,248 | $4,187 | $966 | $24 |
| West Bloomfield | $50,050 | $4,171 | $963 | $24 |
| Detroit | $50,000 | $4,167 | $962 | $24 |
| Warren | $50,000 | $4,167 | $962 | $24 |
| Dearborn | $50,000 | $4,167 | $962 | $24 |
| Waterford | $50,000 | $4,167 | $962 | $24 |
| Dearborn Heights | $49,951 | $4,163 | $961 | $24 |
What Does a Mortgage Loan Consultant Do?
A good faith estimate (GFE) is a form that lists basic information about the terms of a reverse mortgage loan offer by a lender.
Updated December 19, 2021
Can you apply for a mortgage while on probation? Find out how long you need to be employed to qualify for a on probation home loan.
Updated November 01, 2021
Search by state or territory to find your local home loan consultant or mobile lender who will be there every step of the way towards your new purchase.
Updated October 31, 2021
When you apply for a mortgage, lenders are required to provide a loan estimate, listing all the costs and terms, which you can then use to compare offers side by side.
Updated December 18, 2021
Neighborhood Assistance Corporation of America Mortgage Loan Consultant salaries - 1 salaries reported.
Updated December 14, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Mortgage Loan Consultant Salaries
What is the average of a Mortgage Loan Consultant in Michigan?
The Mortgage Loan Consultant salary range is from $41,460 to $56,557, and the average Mortgage Loan Consultant salary is $48,959/year in Michigan.
The Mortgage Loan Consultant's salary will change in different locations.
Which location pays the highest Mortgage Loan Consultant salary in the United States?
The Mortgage Loan Consultant salary in San Jose, CA is $62,253
which is the highest in the US.
What kinds of reasons will influence the Mortgage Loan Consultant'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 Loan Consultant.
What is the growth rate of the Mortgage Loan Consultant's salary?
If you are thinking of becoming a Mortgage Loan Consultant or planning the next step in your career, find the detailed salary report of a Mortgage Loan Consultant.
