What is the salary range of Mortgage Banker?

As of December 01, 2024, the average annual pay of Mortgage Banker in Fort Collins, CO is $122,884. While Salary.com is seeing that Mortgage Banker salary in Fort Collins, CO can go up to $139,131 or down to $107,947, but most earn between $115,065 and $131,388. 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 $107,947 Fort Collins,CO December 01, 2024
25th Percentile Mortgage Banker Salary $115,065 Fort Collins,CO December 01, 2024
50th Percentile Mortgage Banker Salary $122,884 Fort Collins,CO December 01, 2024
75th Percentile Mortgage Banker Salary $131,388 Fort Collins,CO December 01, 2024
90th Percentile Mortgage Banker Salary $139,131 Fort Collins,CO December 01, 2024
25% $115,065 10% $107,947 90% $139,131 75% $131,388 $122,884 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 Fort Collins, CO

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

Average Base Salary

Core compensation

 
 
 
115065
131388
122884

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
117989
143640
129215
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Fort Collins, CO. The base salary for Mortgage Banker ranges from $115,065 to $131,388 with the average base salary of $122,884. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $117,989 to $143,640 with the average total cash compensation of $129,215.

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115065
131388

 

About Fort Collins, Colorado    Fort Collins is the Home Rule Municipality that is the county seat and the most populous municipality of Larimer County, Colorado, United States. Situ....More

Fort Collins, Colorado  area prices were up 2.3% from a year ago

Mortgage Banker Salary in popular cities: DenverColorado SpringsAurora

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