Mortgage Banker Salary in Jackson, Mississippi

Mortgage Banker Salary in Jackson, MS

How much does a Mortgage Banker make in Jackson, MS?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Jackson, MS is $103,482. Salary.com reports that pay typically ranges from $94,594 to $111,932, with most professionals earning between $86,503 and $119,626.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $86,503 Jackson,MS April 01, 2025
25th Percentile Mortgage Banker Salary $94,594 Jackson,MS April 01, 2025
50th Percentile Mortgage Banker Salary $103,482 Jackson,MS April 01, 2025
75th Percentile Mortgage Banker Salary $111,932 Jackson,MS April 01, 2025
90th Percentile Mortgage Banker Salary $119,626 Jackson,MS April 01, 2025
25% $94,594 10% $86,503 90% $119,626 75% $111,932 $103,482 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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Average Base Salary

Core compensation

 
 
 
94594
111932
103482

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
94594
111932
103482
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Jackson, MS. The base salary for Mortgage Banker ranges from $94,594 to $111,932 with the average base salary of $103,482. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $94,594 to $111,932 with the average total cash compensation of $103,482.

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94594
111932

 

About Jackson, Mississippi    Jackson is located primarily in northeastern Hinds County, with small portions in Madison and Rankin counties. The Pearl River forms most of the easte....More

Jackson, Mississippi  area prices were up 1.2% from a year ago

Mortgage Banker Salary in popular cities: Gulfport, Hattiesburg, Southaven

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