How much does a Mortgage Banker make in Park Valley, UT? The average Mortgage Banker salary in Park Valley, UT is $112,303 as of April 24, 2024, but the salary range typically falls between $105,216 and $119,606. 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.

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 $98,763 Park Valley,UT April 24, 2024
25th Percentile Mortgage Banker Salary $105,216 Park Valley,UT April 24, 2024
50th Percentile Mortgage Banker Salary $112,303 Park Valley,UT April 24, 2024
75th Percentile Mortgage Banker Salary $119,606 Park Valley,UT April 24, 2024
90th Percentile Mortgage Banker Salary $126,254 Park Valley,UT April 24, 2024
25% $105,216 10% $98,763 90% $126,254 75% $119,606 $112,303 50%(Median) Didn’t find job title? Click
Change Search Criteria

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.

Job Openings for Mortgage Banker in Park Valley, UT

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

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

Average Base Salary

Core compensation

 
 
 
105216
119606
112303

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
107533
127538
116440
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Park Valley, UT. The base salary for Mortgage Banker ranges from $105,216 to $119,606 with the average base salary of $112,303. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $107,533 to $127,538 with the average total cash compensation of $116,440.

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.

105216
119606

 

About Park Valley, Utah    Park Valley is an unincorporated community in north-central Box Elder County, Utah, United States.....More

Park Valley, Utah  area prices were up 2.3% from a year ago

Mortgage Banker Salary in popular cities: Salt Lake CityProvoWest Jordan

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