As of September 01, 2026, the average annual salary for Mortgage Banker in Missouri is $116,129, equivalent to $56 per hour, $2,233 weekly, or $9,677 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 Missouri vary widely, spanning from $100,400 to $137,710. Most professionals fall between the 25th percentile ($107,896) and 75th percentile ($127,425), while top earners (90th percentile) make $137,710 per year. This $19,529 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, Missouri Mortgage Banker often earn 5.0% lower than national averages due to demand from Fortune 42 companies. However, Missouri currently ranks 37 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 $100,400 MO September 01, 2026
25th Percentile Mortgage Banker Salary $107,896 MO September 01, 2026
50th Percentile Mortgage Banker Salary $116,129 MO September 01, 2026
75th Percentile Mortgage Banker Salary $127,425 MO September 01, 2026
90th Percentile Mortgage Banker Salary $137,710 MO September 01, 2026
25% $107,896 10% $100,400 90% $137,710 75% $127,425 $116,129 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Missouri

Remote Inside Junior Mortgage Banker

The Federal Savings Bank - Columbia, MO

Bilingual Mortgage Loan Officer Assistant

US Mortgage Corporation - ATLANTA, GA

Mortgage Loan Originator

Generations Home Loans - STOCKTON, CA

Mortgage Loan Officer

Generations Home Loans - KETTLEMAN, CA

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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 Saint Peters, MO Avg. Salary $136,076 Date Updated September 01, 2026
Location Adrian, MO Avg. Salary $134,243 Date Updated September 01, 2026
Location Advance, MO Avg. Salary $131,540 Date Updated September 01, 2026
Location Agency, MO Avg. Salary $136,408 Date Updated September 01, 2026
Location Alba, MO Avg. Salary $131,483 Date Updated September 01, 2026
Location Albany, MO Avg. Salary $131,939 Date Updated September 01, 2026
Location Aldrich, MO Avg. Salary $128,352 Date Updated September 01, 2026
Location Alexandria, MO Avg. Salary $131,994 Date Updated September 01, 2026
Location Allendale, MO Avg. Salary $132,211 Date Updated September 01, 2026
Location Allenton, MO Avg. Salary $135,889 Date Updated September 01, 2026
Job Openings for Mortgage Banker in Missouri

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