Mortgage Loan Funder Salaries in Passaic, NJ
How Much Does a Mortgage Loan Funder Make in Passaic, NJ?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Mortgage Loan Funder in Passaic, NJ is $48,824.
While Salary.com is seeing that Mortgage Loan Funder salary in Passaic, NJ can go up to $61,340
or down to $34,682, but most earn between $41,422 and $55,375.
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
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Similar Job Salaries to Mortgage Loan Funder by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Cornerstone First Mortgage, LLC
Mortgage Loan Closer/Funder
|
$63,278/yr
|
RANGE: $56,920 - $69,637
|
|
Swift Home Loans
Mortgage Loan Funder
|
$46,072/yr
|
RANGE: $41,953 - $50,192
|
|
Dominion Financial Services
Mortgage Funder
|
$74,757/yr
|
RANGE: $67,052 - $82,461
|
|
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
|
$66,335/yr
|
RANGE: $59,656 - $73,014
|
|
MLB RESIDENTIAL LENDING LLC
Mortgage Loan Originator
|
$86,349/yr
|
RANGE: $77,595 - $95,102
|
|
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY
External Mortgage Loan Originator
|
$105,617/yr
|
RANGE: $92,714 - $118,520
|
|
Fulton Bank, N.A.
Mortgage Loan Officer (Hybrid)
|
$81,748/yr
|
RANGE: $73,461 - $90,035
|
|
Welcome Home Mortgage llc
Mortgage Loan Originator
|
$84,048/yr
|
RANGE: $75,528 - $92,569
|
What Does a Mortgage Loan Funder Do?
Based on their previous transactions a financial institution is aware that the developer of the electronic tool it is using to evaluate an application has securitized a closed-end mortgage loan or open-end line of credit in the past.
Updated October 02, 2021
A person is a securitizer, Federal government insurer, or Federal government guarantor of closed-end mortgage loans or open-end lines of credit, respectively, if it has ever securitized, insured, or guaranteed a closed-end mortgage loan or open-end line of credit.
Updated September 27, 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
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Explore JobArchitectFrequently Asked Questions About a Mortgage Loan Funder Salaries
What is the average of a Mortgage Loan Funder in Passaic, NJ?
The Mortgage Loan Funder salary range is from $41,422 to $55,375, and the average Mortgage Loan Funder salary is $48,824/year in Passaic, NJ.
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 $53,236
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.
