How Much Does a Senior Mortgage Loan Originator Make in Buffalo, NY?

Updated January 01, 2025
As of January 01, 2025, the average annual pay of Senior Mortgage Loan Originator in Buffalo, NY is $47,969. While Salary.com is seeing that Senior Mortgage Loan Originator salary in Buffalo, NY can go up to $62,193 or down to $33,933, but most earn between $40,622 and $55,415. 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
Mortgage Loan Originator
$49,077
Buffalo, NY
Per Year
Residential Mortgage Loan Originator
$66,157
Buffalo, NY
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Mortgage Loan Originator Assistant
$63,310
Buffalo, NY
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External Mortgage Loan Originator
$49,077
Buffalo, NY
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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
R & J Capital
Mortgage Loan Originator
$113,600/yr
$90,551
$136,648
RANGE: $90,551 - $136,648
$97,343/yr
$77,593
$117,093
RANGE: $77,593 - $117,093
$113,600/yr
$90,551
$136,648
RANGE: $90,551 - $136,648
Canandaigua National Bank & Trust Co
Mortgage Loan Originator
$96,364/yr
$76,812
$115,915
RANGE: $76,812 - $115,915
Canandaigua National Bank & Trust Co
Mortgage Loan Originator (Syracuse Market)
$97,343/yr
$77,593
$117,093
RANGE: $77,593 - $117,093
Kellogg Community CU
Senior Mortgage Loan Originator
$95,384/yr
$76,031
$114,737
RANGE: $76,031 - $114,737
Madison Mortgage Services Inc.
Senior Mortgage Loan Processor
$70,470/yr
$60,618
$80,323
RANGE: $60,618 - $80,323
$99,080/yr
$78,443
$119,718
RANGE: $78,443 - $119,718
Wayne Bank
Mortgage Originator
$94,993/yr
$75,719
$114,266
RANGE: $75,719 - $114,266

Open Senior Mortgage Loan Originator Jobs in Buffalo, NY

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What Does a Senior Mortgage Loan Originator Do?

Interest rates, loan terms, and extra taxes and fees influence your mortgage for the life of your loan.
Updated December 12, 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 Buffalo, NY?

The Senior Mortgage Loan Originator salary range is from $40,622 to $55,415, and the average Senior Mortgage Loan Originator salary is $47,969/year in Buffalo, NY. 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 $61,936 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.