Mortgage Banker Salary in Buffalo, New York

Mortgage Banker Salary in Buffalo, NY

How much does a Mortgage Banker make in Buffalo, NY?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Buffalo, NY is $112,560. Salary.com reports that pay typically ranges from $102,893 to $121,752, with most professionals earning between $94,092 and $130,121.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $94,092 Buffalo,NY April 01, 2025
25th Percentile Mortgage Banker Salary $102,893 Buffalo,NY April 01, 2025
50th Percentile Mortgage Banker Salary $112,560 Buffalo,NY April 01, 2025
75th Percentile Mortgage Banker Salary $121,752 Buffalo,NY April 01, 2025
90th Percentile Mortgage Banker Salary $130,121 Buffalo,NY April 01, 2025
25% $102,893 10% $94,092 90% $130,121 75% $121,752 $112,560 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

 
 
 
102893
121752
112560

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
102893
121752
112560
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Buffalo, NY. The base salary for Mortgage Banker ranges from $102,893 to $121,752 with the average base salary of $112,560. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $102,893 to $121,752 with the average total cash compensation of $112,560.

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102893
121752

 

About Buffalo, New York    Buffalo is the second largest city in the U.S. state of New York and the largest city in Western New York. As of July 2016[update], the population was....More

Buffalo, New York  area prices were up 1.5% from a year ago

Mortgage Banker Salary in popular cities: New York, Rochester, Yonkers

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