How much does a Mortgage Banker make in Lynch, KY? The average Mortgage Banker salary in Lynch, KY is $109,589 as of May 28, 2024, but the salary range typically falls between $102,675 and $116,711. 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.

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 $96,380 Lynch,KY May 28, 2024
25th Percentile Mortgage Banker Salary $102,675 Lynch,KY May 28, 2024
50th Percentile Mortgage Banker Salary $109,589 Lynch,KY May 28, 2024
75th Percentile Mortgage Banker Salary $116,711 Lynch,KY May 28, 2024
90th Percentile Mortgage Banker Salary $123,196 Lynch,KY May 28, 2024
25% $102,675 10% $96,380 90% $123,196 75% $116,711 $109,589 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Lynch, Kentucky

Entry Level Mortgage Specialist

United Wholesale Mortgage - Pontiac, MI

Verbal Verification of Employment Specialist

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Entry Level Loan Processing Specialist

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Invoice Coordinator

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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.

Job Openings for Mortgage Banker in Lynch, KY

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

Average Base Salary

Core compensation

 
 
 
102675
116711
109589

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
104930
124455
113626
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Lynch, KY. The base salary for Mortgage Banker ranges from $102,675 to $116,711 with the average base salary of $109,589. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $104,930 to $124,455 with the average total cash compensation of $113,626.

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

102675
116711

 

About Lynch, Kentucky    Lynch is a home rule-class city in Harlan County, Kentucky, United States. In the 2010 census, the city population was 747, down from 900 in 2000. Lyn....More

Lynch, Kentucky  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: LouisvilleLexingtonBowling Green

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