How Much Does a Senior Mortgage Loan Originator Make in Lansing, MI?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Senior Mortgage Loan Originator in Lansing, MI is $47,893. While Salary.com is seeing that Senior Mortgage Loan Originator salary in Lansing, MI can go up to $62,096 or down to $33,883, but most earn between $40,560 and $55,328. 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
$49,000
Lansing, MI
Per Year
Residential Mortgage Loan Originator
$66,057
Lansing, MI
Per Year
Mortgage Loan Originator Assistant
$63,214
Lansing, MI
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External Mortgage Loan Originator
$49,000
Lansing, MI
Per Year
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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
Sonic Loans
Mortgage Loan Originator
$93,932/yr
$74,366
$113,497
RANGE: $74,366 - $113,497
Fifth Third
Mortgage Loan Originator
$92,392/yr
$73,646
$111,137
RANGE: $73,646 - $111,137
TalentGlide infotech
Mortgage Loan Originator
$93,975/yr
$74,242
$113,708
RANGE: $74,242 - $113,708
Next Door Lending
Outside Mortgage Loan Originator
$96,908/yr
$77,247
$116,570
RANGE: $77,247 - $116,570
RWM Home Loans
Mortgage Loan Originator
$98,578/yr
$78,577
$118,578
RANGE: $78,577 - $118,578
Kellogg Community Credit Union
Mortgage Loan Originator
$95,239/yr
$75,916
$114,562
RANGE: $75,916 - $114,562
BLACKBIRD TALENT
Mortgage Loan Originator
$93,975/yr
$74,242
$113,708
RANGE: $74,242 - $113,708
Texana Bank National Association
Outside Real Estate Mortgage Loan Originator; BR 23 - Loan City; 2/17/2025
$96,276/yr
$77,160
$115,392
RANGE: $77,160 - $115,392
USA Mortgage
Mortgage Loan Originator
$96,497/yr
$76,234
$116,760
RANGE: $76,234 - $116,760
CORE BANK
Mortgage Loan Originator
$85,927/yr
$69,243
$102,612
RANGE: $69,243 - $102,612

Open Senior Mortgage Loan Originator Jobs in Lansing, MI

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What Does a Senior Mortgage Loan Originator Do?

The balance on a reverse mortgage loan grows over time because there are no payments required from the borrowers while they live in the home.
Updated October 30, 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 Lansing, MI?

The Senior Mortgage Loan Originator salary range is from $40,560 to $55,328, and the average Senior Mortgage Loan Originator salary is $47,893/year in Lansing, MI. 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 $62,093 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.