Mortgage Banker Salary in Billings, Montana

Mortgage Banker Salary in Billings, MT

How much does a Mortgage Banker make in Billings, MT?

As of March 01, 2025, the average annual salary for a Mortgage Banker in Billings, MT is $121,612. Salary.com reports that pay typically ranges from $113,873 to $130,028, with most professionals earning between $106,827 and $137,691.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $106,827 Billings,MT March 01, 2025
25th Percentile Mortgage Banker Salary $113,873 Billings,MT March 01, 2025
50th Percentile Mortgage Banker Salary $121,612 Billings,MT March 01, 2025
75th Percentile Mortgage Banker Salary $130,028 Billings,MT March 01, 2025
90th Percentile Mortgage Banker Salary $137,691 Billings,MT March 01, 2025
25% $113,873 10% $106,827 90% $137,691 75% $130,028 $121,612 50%(Median) Didn’t find job title? Click
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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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Average Base Salary

Core compensation

 
 
 
113873
130028
121612

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
116769
142154
127879
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Billings, MT. The base salary for Mortgage Banker ranges from $113,873 to $130,028 with the average base salary of $121,612. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $116,769 to $142,154 with the average total cash compensation of $127,879.

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113873
130028

 

About Billings, Montana    Billings is the largest city in the U.S. state of Montana, with a population estimated at 109,642 as of 2017. Located in the south-central portion of ....More

Billings, Montana  area prices were up 3.1% from a year ago

Mortgage Banker Salary in popular cities: Great Falls, Missoula, Bozeman

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