What is the salary range of Mortgage Banker?

As of December 01, 2024, the average annual pay of Mortgage Banker in Charleston, SC is $118,398. While Salary.com is seeing that Mortgage Banker salary in Charleston, SC can go up to $134,051 or down to $104,006, but most earn between $110,864 and $126,591. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in the United States.

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 $104,006 Charleston,SC December 01, 2024
25th Percentile Mortgage Banker Salary $110,864 Charleston,SC December 01, 2024
50th Percentile Mortgage Banker Salary $118,398 Charleston,SC December 01, 2024
75th Percentile Mortgage Banker Salary $126,591 Charleston,SC December 01, 2024
90th Percentile Mortgage Banker Salary $134,051 Charleston,SC December 01, 2024
25% $110,864 10% $104,006 90% $134,051 75% $126,591 $118,398 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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Job Openings for Mortgage Banker in Charleston, SC

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

Average Base Salary

Core compensation

 
 
 
110864
126591
118398

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
113681
138396
124497
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Charleston, SC. The base salary for Mortgage Banker ranges from $110,864 to $126,591 with the average base salary of $118,398. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $113,681 to $138,396 with the average total cash compensation of $124,497.

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110864
126591

 

About Charleston, South Carolina    Charleston is the oldest and largest city in the U.S. state of South Carolina, the county seat of Charleston County, and the principal city in the Cha....More

Charleston, South Carolina  area prices were up 1.5% from a year ago

Mortgage Banker Salary in popular cities: ColumbiaNorth CharlestonMount Pleasant

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