Mortgage Banker Salary in Kellogg, Minnesota

Mortgage Banker Salary in Kellogg, MN

How much does a Mortgage Banker make in Kellogg, MN? The average Mortgage Banker salary in Kellogg, MN is $122,750 as of August 27, 2024, but the salary range typically falls between $114,942 and $131,247. 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 $107,833 Kellogg,MN August 27, 2024
25th Percentile Mortgage Banker Salary $114,942 Kellogg,MN August 27, 2024
50th Percentile Mortgage Banker Salary $122,750 Kellogg,MN August 27, 2024
75th Percentile Mortgage Banker Salary $131,247 Kellogg,MN August 27, 2024
90th Percentile Mortgage Banker Salary $138,984 Kellogg,MN August 27, 2024
25% $114,942 10% $107,833 90% $138,984 75% $131,247 $122,750 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

See user submitted job responsibilities for Mortgage Banker.

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Job Openings for Mortgage Banker in Kellogg, MN
  • Jet Physio Sports Physical Therapy Inc. - SAUSALITO, CA
    Overview of Position. This is a Full Time (35 hour/wk) physical therapist position. This position also requires a dedication to personal and professional g...
    - 7 Months Ago
  • Life Care Center of Ooltewah - COLLEGEDALE, TN
    $3,500 Sign On Bonus for Full Time Employment. Come and grow with us. We are affiliated with Life Care Centers of America, which is a privately owned 47-ye...
    - 6 Days Ago
  • Healthcare Services Group, Inc. - YONKERS, NY
    Overview. Join the largest network of Registered Dietitians. Healthcare Services Group (HCSG), a leader in the long-term care market, is seeking a Register...
    - 10 Days Ago
  • MindCare Solutions - CHARLESTON, WV
    At Psych360, now a vital component of Mindcare Solutions, our unwavering focus is on achieving successful patient outcomes, harmonized seamlessly with a sp...
    - 14 Days Ago
  • Therapy 2000 - AUSTIN, TX
    THERAPY 2000, a home-based provider of pediatric Speech, Occupational, and Physical Therapy services, has an exciting opportunity for a Pediatric Occupatio...
    - 14 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

 
 
 
114942
131247
122750

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
117864
143488
129076
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Kellogg, MN. The base salary for Mortgage Banker ranges from $114,942 to $131,247 with the average base salary of $122,750. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $117,864 to $143,488 with the average total cash compensation of $129,076.

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114942
131247

 

About Kellogg, Minnesota    Kellogg is a city in Wabasha County, Minnesota, along the Zumbro River. The population was 456 at the 2010 census. According to the United States Cen....More

Kellogg, 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