Mortgage Banker Salary in Dutton, Virginia

Mortgage Banker Salary in Dutton, VA

How much does a Mortgage Banker make in Dutton, VA? The average Mortgage Banker salary in Dutton, VA is $117,687 as of April 24, 2024, but the salary range typically falls between $110,259 and $125,339. 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.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $103,497 Dutton,VA April 24, 2024
25th Percentile Mortgage Banker Salary $110,259 Dutton,VA April 24, 2024
50th Percentile Mortgage Banker Salary $117,687 Dutton,VA April 24, 2024
75th Percentile Mortgage Banker Salary $125,339 Dutton,VA April 24, 2024
90th Percentile Mortgage Banker Salary $132,306 Dutton,VA April 24, 2024
25% $110,259 10% $103,497 90% $132,306 75% $125,339 $117,687 50%(Median) Didn’t find job title? Click
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Mortgage Collections (Call Center)

Cenlar FSB - Tempe, AZ

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Mortgage Collection Specialist

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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 Dutton, VA
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. Join a company that invests i...
    - 3 Months Ago
  • Cenlar FSB - Tempe, AZ
    Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 1 Day Ago
  • Cenlar FSB - O'Fallon, MO
    Start something good. Empower your career. Become an employee-owner at Cenlar. Employee owners have made Cenlar the nation’s leading mortgage loan subservi...
    - 12 Days Ago
  • Cenlar FSB - O'Fallon, MO
    Start something good. Empower your career. Become an employee-owner at Cenlar. Employee owners have made Cenlar the nation’s leading mortgage loan subservi...
    - 25 Days Ago
  • Commerce Bank - Manhattan, KS
    About Working at Commerce. Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping...
    - 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

 
 
 
110259
125339
117687

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
112688
133652
122022
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Dutton, VA. The base salary for Mortgage Banker ranges from $110,259 to $125,339 with the average base salary of $117,687. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,688 to $133,652 with the average total cash compensation of $122,022.

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110259
125339

 

About Dutton, Virginia    Dutton is an unincorporated community in Gloucester County, Virginia, United States. Dutton is located on Virginia State Route 198 7 miles (11 km) nor....More

Dutton, Virginia  area prices were up 1.2% from a year ago

Mortgage Banker Salary in popular cities: Virginia Beach, Norfolk, Chesapeake

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