How much does a Mortgage Banker make in Brooklyn, IN? The average Mortgage Banker salary in Brooklyn, IN is $121,640 as of May 28, 2024, but the salary range typically falls between $113,965 and $129,545. 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.

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 $106,979 Brooklyn,IN May 28, 2024
25th Percentile Mortgage Banker Salary $113,965 Brooklyn,IN May 28, 2024
50th Percentile Mortgage Banker Salary $121,640 Brooklyn,IN May 28, 2024
75th Percentile Mortgage Banker Salary $129,545 Brooklyn,IN May 28, 2024
90th Percentile Mortgage Banker Salary $136,743 Brooklyn,IN May 28, 2024
25% $113,965 10% $106,979 90% $136,743 75% $129,545 $121,640 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Brooklyn, Indiana

Mortgage Banker

First Merchant's Bank - Munster, IN

Mortgage Banker

First Merchants Bank - Lafayette, IN

Mortgage Banker

First Merchants Bank - Indianapolis, IN

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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

See user submitted job responsibilities for Mortgage Banker.

Job Openings for Mortgage Banker in Brooklyn, IN
  • First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospective customer and existing client...
    - 2 Days Ago
  • If you are searching for an employer that provides you with unlimited career growth and development opportunities, look no further. Voted as one of the bes...
    - 5 Days Ago
  • Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 6 Days Ago
  • Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 6 Days Ago
  • Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 6 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

 
 
 
113965
129545
121640

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
116469
138141
126121
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Brooklyn, IN. The base salary for Mortgage Banker ranges from $113,965 to $129,545 with the average base salary of $121,640. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $116,469 to $138,141 with the average total cash compensation of $126,121.

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

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

113965
129545

 

About Brooklyn, Indiana    Brooklyn is a town in Clay Township, Morgan County, in the U.S. state of Indiana. The population was 1,598 at the 2010 census. Brooklyn is located at ....More

Brooklyn, Indiana  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: IndianapolisFort WayneEvansville

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