Mortgage Banker Salary in Alden, Iowa
Mortgage Banker Salary in Alden, IA
How much does a Mortgage Banker make in Alden, IA? The average Mortgage Banker salary in Alden, IA is $114,307 as of April 24, 2024, but the salary range typically falls between $107,092 and $121,739. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Mortgage Banker Salary | $100,524 | Alden,IA | April 24, 2024 |
| 25th Percentile Mortgage Banker Salary | $107,092 | Alden,IA | April 24, 2024 |
| 50th Percentile Mortgage Banker Salary | $114,307 | Alden,IA | April 24, 2024 |
| 75th Percentile Mortgage Banker Salary | $121,739 | Alden,IA | April 24, 2024 |
| 90th Percentile Mortgage Banker Salary | $128,506 | Alden,IA | April 24, 2024 |
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What is a Mortgage Banker ?
Mortgage bank is a bank that specializes in originating and/or servicing mortgage loans. In the US a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital. Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, which are typically large institutions. The credit risk is typically absorbed by the Agencies, which include Fannie Mae, or ...
Source: Wikipedia (as of 04/25/2019). Read more from Wikipedia
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United Wholesale Mortgage - Pontiac, MIUWM is looking for self-starters for our Mortgage Operations teams. You’ll help make sure loan documents are handled quickly, correctly and on time. What Y...- 6 Months Ago
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About Alden, Iowa
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About Alden, Iowa Alden is a city in Hardin County, Iowa, United States. The population was 787 at the 2010 census. Alden's longitude and latitude coordinates in decima....More
Alden, Iowa area prices were up 0.8% from a year ago
Mortgage Banker Salary in popular cities: Des Moines, Cedar Rapids, Davenport
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Jobs with a similar salary range to Mortgage Banker : Closing Team Lead, Mortgage Production Manager, Mortgage Account Manager