Mortgage Banker Salary in Isabella, Minnesota

Mortgage Banker Salary in Isabella, MN

How much does a Mortgage Banker make in Isabella, MN? The average Mortgage Banker salary in Isabella, MN is $120,133 as of May 28, 2024, but the salary range typically falls between $112,554 and $127,941. 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 $105,654 Isabella,MN May 28, 2024
25th Percentile Mortgage Banker Salary $112,554 Isabella,MN May 28, 2024
50th Percentile Mortgage Banker Salary $120,133 Isabella,MN May 28, 2024
75th Percentile Mortgage Banker Salary $127,941 Isabella,MN May 28, 2024
90th Percentile Mortgage Banker Salary $135,050 Isabella,MN May 28, 2024
25% $112,554 10% $105,654 90% $135,050 75% $127,941 $120,133 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Isabella, Minnesota

Mortgage Banker

Border Bank - Minneapolis, MN

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Mortgage Banker

Border Bank - Coon Rapids, MN

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Mortgage Banker

Minnwest Bank - Redwood Falls, MN

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Mortgage Banker

Minnwest Bank - Saint Cloud, MN

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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

See user submitted job responsibilities for Mortgage Banker.

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Job Openings for Mortgage Banker in Isabella, MN
  • Border Bank - Minneapolis, MN
    We're hiring a Mortgage Banker at the Coon Rapids, MN Border Bank. As a Mortgage Banker you will generate and originate new business, service all residenti...
    - 5 Days Ago
  • Border Bank - Coon Rapids, MN
    We're hiring a Mortgage Banker at the Coon Rapids, MN Border Bank. As a Mortgage Banker you will generate and originate new business, service all residenti...
    - 5 Days Ago
  • Minnwest Bank - Redwood Falls, MN
    Job Description. Job Description. Position Summary/Purpose. Minnwest Bank is seeking an individual for a Mortgage Banker position at our Redwood Falls loca...
    - 2 Days Ago
  • Minnwest Bank - Saint Cloud, MN
    Job Description. Job Description. Position Summary/Purpose. Minnwest Bank is seeking an individual for a Mortgage Banker position in either of the followin...
    - 3 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

 
 
 
112554
127941
120133

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
115027
136430
124559
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Isabella, MN. The base salary for Mortgage Banker ranges from $112,554 to $127,941 with the average base salary of $120,133. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $115,027 to $136,430 with the average total cash compensation of $124,559.

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112554
127941

 

About Isabella, Minnesota    Isabella is an unincorporated community in Stony River Township, Lake County, Minnesota, United States. The community is located 27 miles north of Sil....More

Isabella, Minnesota  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: Minneapolis, Saint Paul, Rochester

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