How Much Does a Senior Mortgage Loan Originator Make in Boston, MA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Senior Mortgage Loan Originator in Boston, MA is $55,181. While Salary.com is seeing that Senior Mortgage Loan Originator salary in Boston, MA can go up to $71,545 or down to $39,033, but most earn between $46,729 and $63,747. 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 Senior Mortgage Loan Originator
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Similar Job Salaries to Senior Mortgage Loan Originator by Company

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Company average base salary in (usd) range
USALLIANCE Financial
Mortgage Loan Officer (Originator)
$106,570/yr
$84,947
$128,194
RANGE: $84,947 - $128,194
Your Way Home
Mortgage Originator Market Leader
$109,501/yr
$87,283
$131,719
RANGE: $87,283 - $131,719
Rockland Trust
Mortgage Originator - Worcester
$103,054/yr
$82,144
$123,964
RANGE: $82,144 - $123,964
U.S. Bank National Association
Mortgage Loan Originator
$98,658/yr
$78,640
$118,676
RANGE: $78,640 - $118,676
Horizon Bank
Mortgage Loan Originator
$85,571/yr
$67,747
$103,395
RANGE: $67,747 - $103,395

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What Does a Senior Mortgage Loan Originator Do?

This way, if you choose to pay off the loan earlier than the 10-year term, you would only pay the amount that you actually accrued and there is never a prepayment penalty on your reverse mortgage.
Updated October 20, 2021
Since they create loans, mortgage originators are part of the primary mortgage market; but they often quickly sell their loans into the secondary mortgage market.
Updated December 21, 2021
The Mortgagee's Loss Payee Clause is the clause that states that the mortgage loan holder is also a loss payee under the insurance policy.
Updated December 18, 2021
A secondary mortgage market is a market where mortgage loans and servicing rights are bought and sold by various entities.
Updated December 17, 2021
If the borrower stops making payments on their loan, the FHA pays the lender the unpaid balance on the mortgage.
Updated December 17, 2021

Frequently Asked Questions About a Senior Mortgage Loan Originator Salaries

What is the average of a Senior Mortgage Loan Originator in Boston, MA?

The Senior Mortgage Loan Originator salary range is from $46,729 to $63,747, and the average Senior Mortgage Loan Originator salary is $55,181/year in Boston, MA. The Senior Mortgage Loan Originator's salary will change in different locations.

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

The Senior Mortgage Loan Originator salary in San Jose, CA is $61,778 which is the highest in the US.

What kinds of reasons will influence the Senior Mortgage Loan Originator'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 Senior Mortgage Loan Originator.

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

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