Mortgage Banker Salary in Lakeland, Minnesota

Mortgage Banker Salary in Lakeland, MN

How much does a Mortgage Banker make in Lakeland, MN? The average Mortgage Banker salary in Lakeland, MN is $130,043 as of August 27, 2024, but the salary range typically falls between $121,771 and $139,045. 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.

Develop a Job description
Pay Equity
Salary Grading Scale
Pay Strategy
2024 Compensation Trend
Compensation Consulting
Salary Salary + Bonus Benefits
Based on HR-reported data: a national average with a geographic differential
View as table View as graph
Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $114,240 Lakeland,MN August 27, 2024
25th Percentile Mortgage Banker Salary $121,771 Lakeland,MN August 27, 2024
50th Percentile Mortgage Banker Salary $130,043 Lakeland,MN August 27, 2024
75th Percentile Mortgage Banker Salary $139,045 Lakeland,MN August 27, 2024
90th Percentile Mortgage Banker Salary $147,242 Lakeland,MN August 27, 2024
25% $121,771 10% $114,240 90% $147,242 75% $139,045 $130,043 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
Change Search Criteria
Check out Mortgage Banker jobs in Lakeland, Minnesota

Family Nurse Practitioner

Santa Clarita Dialysis, LLC - MISSION HILLS, CA

Apply Now

Registered Behavior Technician

Positive Behavior Supports Corporation - LAS VEGAS, NM

Apply Now
Apply Now

CDL A Owner Operator, Flatbed Stepdeck OTR

Alltran Trucking LLC - , VA

Apply Now
Search More Mortgage Banker Jobs in Lakeland, Minnesota
For Employers
Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.
For Employees
Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings

Search thousands of open positions to find your next opportunity.

What Should I Pay?

download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
See it in Action

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.

Search Mortgage Banker Job Openings

Job Openings for Mortgage Banker in Lakeland, MN
  • Santa Clarita Dialysis, LLC - MISSION HILLS, CA
    A well-established, thriving Nephrology practice in the North San Fernando Valley has a need for a full time or part-time board-certified Nurse Practitione...
    - 10 Days Ago
  • Positive Behavior Supports Corporation - LAS VEGAS, NM
    Join a leader in ABA services through a career with Positive Behavior Supports Corp. Team PBS. PBS is BCBA owned and operated, spanning 32 states with regi...
    - 5 Days Ago
  • Core Medical Group - YAKIMA, WA
    Experience Required: Position requires at least 1 year of relevant specialty experience. Shift: 8 Hour Days. CoreMedical Group is a nationally recognized l...
    - 6 Days Ago
  • Alltran Trucking LLC - , VA
    Job Description. OWNER OPERATORS - Flatbed / Stepdeck / RGN / Overdimensional - 80% gross - Dedicated customer pool. 80% of gross line haul. Flatbed, Stepd...
    - 12 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

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

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

Average Base Salary

Core compensation

 
 
 
121771
139045
130043

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
124867
152013
136745
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Lakeland, MN. The base salary for Mortgage Banker ranges from $121,771 to $139,045 with the average base salary of $130,043. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $124,867 to $152,013 with the average total cash compensation of $136,745.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

121771
139045

 

About Lakeland, Minnesota    Lakeland is a city in Washington County, Minnesota, United States. The population was 1,796 at the 2010 census. According to the United States Census ....More

Lakeland, Minnesota  area prices were up 1.4% 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