Mortgage Banker Salary in Russiaville, Indiana

Mortgage Banker Salary in Russiaville, IN

How much does a Mortgage Banker make in Russiaville, IN? The average Mortgage Banker salary in Russiaville, IN is $116,936 as of April 24, 2024, but the salary range typically falls between $109,556 and $124,539. 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 $102,836 Russiaville,IN April 24, 2024
25th Percentile Mortgage Banker Salary $109,556 Russiaville,IN April 24, 2024
50th Percentile Mortgage Banker Salary $116,936 Russiaville,IN April 24, 2024
75th Percentile Mortgage Banker Salary $124,539 Russiaville,IN April 24, 2024
90th Percentile Mortgage Banker Salary $131,462 Russiaville,IN April 24, 2024
25% $109,556 10% $102,836 90% $131,462 75% $124,539 $116,936 50%(Median) Didn’t find job title? Click
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Mortgage Banker

First Merchant's Bank - Munster, IN

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Mortgage Banker

First Merchants Bank - Lafayette, IN

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Mortgage Banker

First Merchants Bank - Indianapolis, IN

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Mortgage Banker

First Merchants Bank - Plainfield, IN

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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 Russiaville, IN
  • First Merchant's Bank - Munster, IN
    First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospective customer and existing client...
    - 2 Days Ago
  • First Merchants Bank - Lafayette, IN
    Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 1 Day Ago
  • First Merchants Bank - Indianapolis, IN
    Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 1 Day Ago
  • First Merchants Bank - Plainfield, IN
    Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 1 Day Ago
  • First Merchants Bank - Muncie, IN
    Job Description. Job Description. First Merchants Bank is seeking a Mortgage Banker to join our team. This position will be responsible for handling prospe...
    - 1 Day 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

 
 
 
109556
124539
116936

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
111969
132799
121243
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Russiaville, IN. The base salary for Mortgage Banker ranges from $109,556 to $124,539 with the average base salary of $116,936. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $111,969 to $132,799 with the average total cash compensation of $121,243.

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109556
124539

 

About Russiaville, Indiana    Russiaville (/ˈruːʃəvɪl/) is a town in Honey Creek Township, Howard County, Indiana, United States. The population was 1,094 at the 2010 census. It is....More

Russiaville, Indiana  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: Indianapolis, Fort Wayne, Evansville

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