Mortgage Banker Salary in Reno, Nevada

Mortgage Banker Salary in Reno, NV

How much does a Mortgage Banker make in Reno, NV?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Reno, NV is $116,622. Salary.com reports that pay typically ranges from $106,606 to $126,146, with most professionals earning between $97,487 and $134,817.

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 $97,487 Reno,NV April 01, 2025
25th Percentile Mortgage Banker Salary $106,606 Reno,NV April 01, 2025
50th Percentile Mortgage Banker Salary $116,622 Reno,NV April 01, 2025
75th Percentile Mortgage Banker Salary $126,146 Reno,NV April 01, 2025
90th Percentile Mortgage Banker Salary $134,817 Reno,NV April 01, 2025
25% $106,606 10% $97,487 90% $134,817 75% $126,146 $116,622 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 Reno, NV

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

 
 
 
106606
126146
116622

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
106606
126146
116622
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Reno, NV. The base salary for Mortgage Banker ranges from $106,606 to $126,146 with the average base salary of $116,622. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $106,606 to $126,146 with the average total cash compensation of $116,622.

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.

106606
126146

 

About Reno, Nevada    Reno (/ˈriːnoʊ/ REE-noh) is a city in the U.S. state of Nevada, located in the northwestern part of the state, approximately 22 miles (35 km) from Lak....More

Reno, Nevada  area prices were up 2.5% from a year ago

Mortgage Banker Salary in popular cities: Las Vegas, Henderson, North Las Vegas

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