Mortgage Loan Funder Salaries in Rhode Island
How Much Does a Mortgage Loan Funder Make in Rhode Island?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Mortgage Loan Funder in Rhode Island is $43,966.
While Salary.com is seeing that Mortgage Loan Funder salary in RI can go up to $55,238
or down to $31,230, but most earn between $37,299 and $49,866.
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 |
|---|---|---|
|
Boeing Employees Credit Union
Sr Mortgage Loan Funder
|
$80,385/yr
|
RANGE: $72,101 - $88,670
|
|
Certified Funding
MORTGAGE LOAN FUNDER (ON SITE POSITION ONLY!)
|
$45,270/yr
|
RANGE: $41,223 - $49,318
|
|
Mutual of Omaha Mortgage
Retail Mortgage Loan Officer
|
$79,470/yr
|
RANGE: $71,414 - $87,526
|
|
USA Mortgage
Mortgage Loan Originator
|
$74,604/yr
|
RANGE: $66,413 - $82,795
|
|
Sunmark Credit Union
Mortgage Funder
|
$58,545/yr
|
RANGE: $52,828 - $64,262
|
|
International Bancshares Corp
Mortgage Closer-Funder II
|
$61,158/yr
|
RANGE: $55,114 - $67,201
|
|
REAL TPO LLC
Mortgage Funder/Closer
|
$68,422/yr
|
RANGE: $61,661 - $75,183
|
Top 10 Highest Paying Cities For Mortgage Loan Funder Jobs in Rhode Island
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 Rhode Island.
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 Rhode Island.
Westerly takes first place in this list, followed by Tiverton, Newport.
The Mortgage Loan Funder salary is $44,882 in Westerly,
which is higher than the national average. There are 12 cities' Mortgage Loan Funder salary higher than national average in Rhode Island.
The average salary for a Mortgage Loan Funder in Rhode Island is $43,966,
but we found that the city with the highest salary for Mortgage Loan Funder jobs is Westerly, RI, and it is higher than Tiverton.
Mortgage Loan Funder jobs in Westerly can have the opportunity to earn higher salaries than in other cities in Rhode Island.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Westerly | $44,882 | $3,740 | $863 | $22 |
| Tiverton | $44,699 | $3,725 | $860 | $21 |
| Newport | $44,428 | $3,702 | $854 | $21 |
| Narragansett | $44,415 | $3,701 | $854 | $21 |
| Providence | $43,944 | $3,662 | $845 | $21 |
| Warwick | $43,944 | $3,662 | $845 | $21 |
| Cranston | $43,944 | $3,662 | $845 | $21 |
| Pawtucket | $43,944 | $3,662 | $845 | $21 |
| East Providence | $43,944 | $3,662 | $845 | $21 |
| Cumberland | $43,944 | $3,662 | $845 | $21 |
What Does a Mortgage Loan Funder Do?
The qualifications and skills you need to launch your career as a mortgage loan funder include a high school diploma and job experience.
Updated November 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
The Mortgage Loan Funder reports to the Mortgage Loan Closing Manager and is responsible for reviewing and verifying that all of the required aspects of the loan process have been met prior to wiring funds.
Updated December 09, 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 Rhode Island?
The Mortgage Loan Funder salary range is from $37,299 to $49,866, and the average Mortgage Loan Funder salary is $43,966/year in Rhode Island.
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.
