Mortgage Banker Salary in Evansville, Indiana

Mortgage Banker Salary in Evansville, IN

How much does a Mortgage Banker make in Evansville, IN?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Evansville, IN is $110,244. Salary.com reports that pay typically ranges from $100,776 to $119,247, with most professionals earning between $92,156 and $127,444.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $92,156 Evansville,IN April 01, 2025
25th Percentile Mortgage Banker Salary $100,776 Evansville,IN April 01, 2025
50th Percentile Mortgage Banker Salary $110,244 Evansville,IN April 01, 2025
75th Percentile Mortgage Banker Salary $119,247 Evansville,IN April 01, 2025
90th Percentile Mortgage Banker Salary $127,444 Evansville,IN April 01, 2025
25% $100,776 10% $92,156 90% $127,444 75% $119,247 $110,244 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

 
 
 
100776
119247
110244

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
100776
119247
110244
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Evansville, IN. The base salary for Mortgage Banker ranges from $100,776 to $119,247 with the average base salary of $110,244. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $100,776 to $119,247 with the average total cash compensation of $110,244.

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100776
119247

 

About Evansville, Indiana    Evansville is a city and the county seat of Vanderburgh County, Indiana, United States. The population was 117,429 at the 2010 census, making it the s....More

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

Mortgage Banker Salary in popular cities: Indianapolis, Fort Wayne, South Bend

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