How much does a Mortgage Banker make in Austin, TX?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Austin, TX is $115,237. Salary.com reports that pay typically ranges from $105,340 to $124,648, with most professionals earning between $96,330 and $133,216.

Based on HR-reported data: a national average with a geographic differential
Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $96,330 Austin,TX April 01, 2025
25th Percentile Mortgage Banker Salary $105,340 Austin,TX April 01, 2025
50th Percentile Mortgage Banker Salary $115,237 Austin,TX April 01, 2025
75th Percentile Mortgage Banker Salary $124,648 Austin,TX April 01, 2025
90th Percentile Mortgage Banker Salary $133,216 Austin,TX April 01, 2025
25% $105,340 10% $96,330 90% $133,216 75% $124,648 $115,237 50%(Median) Didn’t find job title? Click
Change Search Criteria

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

See user submitted job responsibilities for Mortgage Banker.

Job Openings for Mortgage Banker in Austin, TX

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

Average Base Salary

Core compensation

 
 
 
105340
124648
115237

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
105340
124648
115237
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Austin, TX. The base salary for Mortgage Banker ranges from $105,340 to $124,648 with the average base salary of $115,237. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $105,340 to $124,648 with the average total cash compensation of $115,237.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

105340
124648

 

About Austin, Texas    Austin is the capital of the U.S. state of Texas and the seat of Travis County, with portions extending into Hays and Williamson counties. It is the 1....More

Austin, Texas  area prices were up 1.2% from a year ago

Mortgage Banker Salary in popular cities: HoustonSan AntonioDallas

Jobs with a similar salary range to Mortgage Banker : Closing Team Lead, Mortgage Production Manager, Mortgage Account Manager