Mortgage Banker Salary in Assumption, Illinois

Mortgage Banker Salary in Assumption, IL

How much does a Mortgage Banker make in Assumption, IL? The average Mortgage Banker salary in Assumption, IL is $121,012 as of May 28, 2024, but the salary range typically falls between $113,377 and $128,877. 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.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $106,427 Assumption,IL May 28, 2024
25th Percentile Mortgage Banker Salary $113,377 Assumption,IL May 28, 2024
50th Percentile Mortgage Banker Salary $121,012 Assumption,IL May 28, 2024
75th Percentile Mortgage Banker Salary $128,877 Assumption,IL May 28, 2024
90th Percentile Mortgage Banker Salary $136,038 Assumption,IL May 28, 2024
25% $113,377 10% $106,427 90% $136,038 75% $128,877 $121,012 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Assumption, Illinois

Consumer Direct Mortgage Banker

The Federal Savings Bank - Chicago, IL

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Mortgage Banker

Peoples Bank - Orland Park, IL

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Entry Level Mortgage Specialist

United Wholesale Mortgage - Pontiac, MI

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Verbal Verification of Employment Specialist

United Wholesale Mortgage - Pontiac, MI

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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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Job Openings for Mortgage Banker in Assumption, IL
  • The Federal Savings Bank - Chicago, IL
    Description. The Federal Savings Bank is looking to expand our Consumer Direct team in. Chicago, IL. We seek experienced, high-energy, detail-oriented call...
    - 19 Days Ago
  • Peoples Bank - Orland Park, IL
    We have exciting opportunities for a Mortgage Banker in Southwest Chicagoland. Candidates will originate high quality residential real estate loans, cross-...
    - 4 Days Ago

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Understand the total compensation opportunity for a Mortgage Banker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
113377
128877
121012

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
115868
137428
125471
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Assumption, IL. The base salary for Mortgage Banker ranges from $113,377 to $128,877 with the average base salary of $121,012. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $115,868 to $137,428 with the average total cash compensation of $125,471.

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113377
128877

 

About Assumption, Illinois    Assumption is a city in Christian County, Illinois, United States. The population was 1,168 at the 2010 census. According to the 2010 census, Assumpti....More

Assumption, Illinois  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: Chicago, Aurora, Rockford

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