Mortgage Banker Salary in Rio Hondo, Texas

Mortgage Banker Salary in Rio Hondo, TX

How much does a Mortgage Banker make in Rio Hondo, TX? The average Mortgage Banker salary in Rio Hondo, TX is $108,047 as of April 24, 2024, but the salary range typically falls between $101,228 and $115,072. 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 $95,019 Rio Hondo,TX April 24, 2024
25th Percentile Mortgage Banker Salary $101,228 Rio Hondo,TX April 24, 2024
50th Percentile Mortgage Banker Salary $108,047 Rio Hondo,TX April 24, 2024
75th Percentile Mortgage Banker Salary $115,072 Rio Hondo,TX April 24, 2024
90th Percentile Mortgage Banker Salary $121,468 Rio Hondo,TX April 24, 2024
25% $101,228 10% $95,019 90% $121,468 75% $115,072 $108,047 50%(Median) Didn’t find job title? Click
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Mortgage Banker

The Seely Group - Austin, TX

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Entry Level Mortgage Specialist with Sign-On Bonus

United Wholesale Mortgage - Pontiac, MI

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Entry Level Mortgage Specialist with Sign-On Bonus

United Wholesale Mortgage - Pontiac, MI

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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

See user submitted job responsibilities for Mortgage Banker.

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Job Openings for Mortgage Banker in Rio Hondo, TX
  • The Seely Group - Austin, TX
    Job Description. Job Description. Do you have a proven track record of creating lending solutions for your clients and a desire to assist buyers in obtaini...
    - 5 Days Ago
  • United Wholesale Mortgage - Pontiac, MI
    UWM is looking for self-starters for our Mortgage Operations teams. You’ll help make sure loan documents are handled quickly, correctly and on time. What Y...
    - 6 Months Ago
  • United Wholesale Mortgage - Pontiac, MI
    Wondering what kind of career awaits you at UWM. Our Operations team is a great fit for self-motivated individuals who are comfortable in a fast-paced envi...
    - 6 Months Ago
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. Join a company that invests i...
    - 3 Months Ago
  • United Wholesale Mortgage - Pontiac, MI
    UWM is looking for self-starters for our Mortgage Operations teams. You’ll help make sure loan documents are handled quickly, correctly and on time. What Y...
    - 6 Months Ago

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

Average Base Salary

Core compensation

 
 
 
101228
115072
108047

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
103457
122704
112027
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Rio Hondo, TX. The base salary for Mortgage Banker ranges from $101,228 to $115,072 with the average base salary of $108,047. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $103,457 to $122,704 with the average total cash compensation of $112,027.

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101228
115072

 

About Rio Hondo, Texas    Rio Hondo is a city in Cameron County, Texas, United States. The population was 2,356 at the 2010 census. It may be included as part of the Brownsvill....More

Rio Hondo, 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