Mortgage Banker Salary in Durham, North Carolina

Mortgage Banker Salary in Durham, NC

How much does a Mortgage Banker make in Durham, NC?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Durham, NC is $113,456. Salary.com reports that pay typically ranges from $103,712 to $122,722, with most professionals earning between $94,841 and $131,157.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $94,841 Durham,NC April 01, 2025
25th Percentile Mortgage Banker Salary $103,712 Durham,NC April 01, 2025
50th Percentile Mortgage Banker Salary $113,456 Durham,NC April 01, 2025
75th Percentile Mortgage Banker Salary $122,722 Durham,NC April 01, 2025
90th Percentile Mortgage Banker Salary $131,157 Durham,NC April 01, 2025
25% $103,712 10% $94,841 90% $131,157 75% $122,722 $113,456 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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Understand the total compensation opportunity for a Mortgage Banker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
103712
122722
113456

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
103712
122722
113456
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Durham, NC. The base salary for Mortgage Banker ranges from $103,712 to $122,722 with the average base salary of $113,456. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $103,712 to $122,722 with the average total cash compensation of $113,456.

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103712
122722

 

About Durham, North Carolina    Durham is a city in and the county seat of Durham County in the U.S. state of North Carolina. The U.S. Census Bureau estimated the city's population t....More

Durham, North Carolina  area prices were up 1.5% from a year ago

Mortgage Banker Salary in popular cities: Charlotte, Raleigh, Greensboro

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