Mortgage Banker Salary in Miami, Florida

Mortgage Banker Salary in Miami, FL

How much does a Mortgage Banker make in Miami, FL?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Miami, FL is $111,827. Salary.com reports that pay typically ranges from $102,223 to $120,959, with most professionals earning between $93,479 and $129,274.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $93,479 Miami,FL April 01, 2025
25th Percentile Mortgage Banker Salary $102,223 Miami,FL April 01, 2025
50th Percentile Mortgage Banker Salary $111,827 Miami,FL April 01, 2025
75th Percentile Mortgage Banker Salary $120,959 Miami,FL April 01, 2025
90th Percentile Mortgage Banker Salary $129,274 Miami,FL April 01, 2025
25% $102,223 10% $93,479 90% $129,274 75% $120,959 $111,827 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

 
 
 
102223
120959
111827

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
102223
120959
111827
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Miami, FL. The base salary for Mortgage Banker ranges from $102,223 to $120,959 with the average base salary of $111,827. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $102,223 to $120,959 with the average total cash compensation of $111,827.

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102223
120959

 

About Miami, Florida    Miami, officially the City of Miami, is the cultural, economic and financial center of South Florida. Miami is the seat of Miami-Dade County, the most....More

Miami, Florida  area prices were up 2.9% from a year ago

Mortgage Banker Salary in popular cities: Jacksonville, Tampa, Saint Petersburg

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