Mortgage Banker Salary in Milwaukee, Wisconsin

Mortgage Banker Salary in Milwaukee, WI

How much does a Mortgage Banker make in Milwaukee, WI?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Milwaukee, WI is $116,517. Salary.com reports that pay typically ranges from $106,510 to $126,033, with most professionals earning between $97,400 and $134,696.

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 $97,400 Milwaukee,WI April 01, 2025
25th Percentile Mortgage Banker Salary $106,510 Milwaukee,WI April 01, 2025
50th Percentile Mortgage Banker Salary $116,517 Milwaukee,WI April 01, 2025
75th Percentile Mortgage Banker Salary $126,033 Milwaukee,WI April 01, 2025
90th Percentile Mortgage Banker Salary $134,696 Milwaukee,WI April 01, 2025
25% $106,510 10% $97,400 90% $134,696 75% $126,033 $116,517 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
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 Milwaukee, WI

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

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

Average Base Salary

Core compensation

 
 
 
106510
126033
116517

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
106510
126033
116517
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Milwaukee, WI. The base salary for Mortgage Banker ranges from $106,510 to $126,033 with the average base salary of $116,517. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $106,510 to $126,033 with the average total cash compensation of $116,517.

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.

106510
126033

 

About Milwaukee, Wisconsin    Milwaukee lies along the shores and bluffs of Lake Michigan at the confluence of three rivers: the Menomonee, the Kinnickinnic, and the Milwaukee. Sma....More

Milwaukee, Wisconsin  area prices were up 1.8% from a year ago

Mortgage Banker Salary in popular cities: Madison, Green Bay, Kenosha

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