How Much Does a Mortgage Loan Funder Make in New Mexico?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Mortgage Loan Funder in New Mexico is $39,276. While Salary.com is seeing that Mortgage Loan Funder salary in NM can go up to $49,346 or down to $27,899, but most earn between $33,320 and $44,547. 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 Funder
Mortgage Funder
$37,592
New Mexico
Per Year
Loan Funder
$38,448
New Mexico
Per Year
Funder
$80,280
New Mexico
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Mortgage Loan Area Manager
$126,222
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Per Year
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Similar Job Salaries to Mortgage Loan Funder by Company

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Company average base salary in (usd) range
Boeing Employees Credit Union
Sr Mortgage Loan Funder
$80,385/yr
$72,101
$88,670
RANGE: $72,101 - $88,670
Certified Funding
MORTGAGE LOAN FUNDER (ON SITE POSITION ONLY!)
$45,197/yr
$41,156
$49,238
RANGE: $41,156 - $49,238
Gateway Mortgage
Mortgage Loan Originator
$72,469/yr
$65,122
$79,815
RANGE: $65,122 - $79,815
Guardian Mortgage Company, Inc
Retail Mortgage Loan Officer
$74,067/yr
$66,591
$81,543
RANGE: $66,591 - $81,543
First American Bank
Mortgage Loan Processor (Artesia)
$51,483/yr
$46,299
$56,666
RANGE: $46,299 - $56,666
Sunward Federal Credit Union
Mortgage Loan Officer
$71,134/yr
$63,923
$78,345
RANGE: $63,923 - $78,345
First American Bank
Mortgage Loan Processor (LC)
$50,855/yr
$45,735
$55,975
RANGE: $45,735 - $55,975

Open Mortgage Loan Funder Jobs in New Mexico

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Top 10 Highest Paying Cities For Mortgage Loan Funder Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Mortgage Loan Funder 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 Funder job salaries in New Mexico. Some cities can pay higher salaries for Mortgage Loan Funder jobs, which can indicate that there is a large demand for Mortgage Loan Funder positions in this city.
The following table shows top 10 cities where the Mortgage Loan Funder salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Mortgage Loan Funder salary is $40,073 in Santa Fe, which is lower than the national average. There is 0 city's Mortgage Loan Funder salary higher than national average in New Mexico.
The average salary for a Mortgage Loan Funder in New Mexico is $39,276, but we found that the city with the highest salary for Mortgage Loan Funder jobs is Santa Fe, NM, and it is higher than Albuquerque. Mortgage Loan Funder jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $40,073 $3,339 $771 $19
Albuquerque $39,869 $3,322 $767 $19
Rio Rancho $39,742 $3,312 $764 $19
Farmington $39,335 $3,278 $756 $19
Clovis $37,872 $3,156 $728 $18
Alamogordo $37,825 $3,152 $727 $18
Hobbs $37,516 $3,126 $721 $18
Roswell $37,189 $3,099 $715 $18
Sunland Park $36,926 $3,077 $710 $18
Las Cruces $36,736 $3,061 $706 $18

What Does a Mortgage Loan Funder Do?

Reasonably adapted procedures include attempting to determine with reasonable frequency, such as annually, whether the developer of the electronic tool is a securitizer, Federal government insurer, or Federal government guarantor of closed-end mortgage loans or open-end lines of credit.
Updated November 27, 2021
Assists with mortgage loan closing process by reviewing loan documents for compliance, completeness and accuracy.
Updated October 28, 2021
Mortgage lenders directly or indirectly originate and close mortgage loans with their own funds in the primary market for consideration.
Updated December 22, 2021
“Average prime offer rate” means an annual percentage rate that is derived from average interest rates and other loan pricing terms currently offered to consumers by a set of creditors for mortgage loans that have low-risk pricing characteristics.
Updated December 18, 2021
For a purchased closed-end mortgage loan or an assumption of a closed-end mortgage loan, the unpaid principal balance at the time of purchase or assumption.
Updated December 10, 2021

Frequently Asked Questions About a Mortgage Loan Funder Salaries

What is the average of a Mortgage Loan Funder in New Mexico?

The Mortgage Loan Funder salary range is from $33,320 to $44,547, and the average Mortgage Loan Funder salary is $39,276/year in New Mexico. The Mortgage Loan Funder's salary will change in different locations.

Which location pays the highest Mortgage Loan Funder salary in the United States?

The Mortgage Loan Funder salary in San Jose, CA is $53,486 which is the highest in the US.

What kinds of reasons will influence the Mortgage Loan Funder'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 Funder.

What is the growth rate of the Mortgage Loan Funder's salary?

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