As of July 01, 2026, the average annual salary for Mortgage Banker in Maryland is $125,995, equivalent to $61 per hour, $2,423 weekly, or $10,500 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Mortgage Banker in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Mortgage Banker in Maryland vary widely, spanning from $108,920 to $149,420. Most professionals fall between the 25th percentile ($117,057) and 75th percentile ($138,257), while top earners (90th percentile) make $149,420 per year. This $21,200 pay gap underscores opportunities for salary growth through certifications, specialized skills like Customer Service or Loan Processing, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Maryland Mortgage Banker often earn 3.1% higher than national averages due to demand from Fortune 42 companies. However, Maryland currently ranks 11 nationwide for Mortgage Banker job salary. Professionals are advised to focus on high-growth sectors like Edu., Gov't. & Nonprofit to offset market challenges.

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 $108,920 MD July 01, 2026
25th Percentile Mortgage Banker Salary $117,057 MD July 01, 2026
50th Percentile Mortgage Banker Salary $125,995 MD July 01, 2026
75th Percentile Mortgage Banker Salary $138,257 MD July 01, 2026
90th Percentile Mortgage Banker Salary $149,420 MD July 01, 2026
25% $117,057 10% $108,920 90% $149,420 75% $138,257 $125,995 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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Location Avg. Salary Date Updated
Location Dundalk, MD Avg. Salary $146,465 Date Updated July 01, 2026
Location Abell, MD Avg. Salary $144,691 Date Updated July 01, 2026
Location Aberdeen, MD Avg. Salary $143,181 Date Updated July 01, 2026
Location Aberdeen Proving Ground, MD Avg. Salary $143,151 Date Updated July 01, 2026
Location Abingdon, MD Avg. Salary $144,258 Date Updated July 01, 2026
Location Accident, MD Avg. Salary $134,178 Date Updated July 01, 2026
Location Accokeek, MD Avg. Salary $154,617 Date Updated July 01, 2026
Location Adamstown, MD Avg. Salary $146,784 Date Updated July 01, 2026
Location Allen, MD Avg. Salary $140,931 Date Updated July 01, 2026
Location Andrews Air Force Base, MD Avg. Salary $155,769 Date Updated July 01, 2026
Job Openings for Mortgage Banker in Maryland

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