Mortgage Banker Salary in Nordheim, Texas

Mortgage Banker Salary in Nordheim, TX

How much does a Mortgage Banker make in Nordheim, TX? The average Mortgage Banker salary in Nordheim, TX is $117,437 as of April 24, 2024, but the salary range typically falls between $110,025 and $125,073. 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.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $103,277 Nordheim,TX April 24, 2024
25th Percentile Mortgage Banker Salary $110,025 Nordheim,TX April 24, 2024
50th Percentile Mortgage Banker Salary $117,437 Nordheim,TX April 24, 2024
75th Percentile Mortgage Banker Salary $125,073 Nordheim,TX April 24, 2024
90th Percentile Mortgage Banker Salary $132,025 Nordheim,TX April 24, 2024
25% $110,025 10% $103,277 90% $132,025 75% $125,073 $117,437 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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Job Openings for Mortgage Banker in Nordheim, TX

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

Average Base Salary

Core compensation

 
 
 
110025
125073
117437

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
112448
133368
121762
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Nordheim, TX. The base salary for Mortgage Banker ranges from $110,025 to $125,073 with the average base salary of $117,437. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,448 to $133,368 with the average total cash compensation of $121,762.

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110025
125073

 

About Nordheim, Texas    Nordheim is a city in DeWitt County, Texas, United States. The population was 307 at the 2010 census. Nordheim is located in southwestern DeWitt Count....More

Nordheim, Texas  area prices were up 1.2% from a year ago

Mortgage Banker Salary in popular cities: Houston, San Antonio, Dallas

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