How much does a Mortgage Banker make in Sacramento, CA?

As of March 01, 2025, the average annual salary for a Mortgage Banker in Sacramento, CA is $135,808. Salary.com reports that pay typically ranges from $127,166 to $145,207, with most professionals earning between $119,297 and $153,764.

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 $119,297 Sacramento,CA March 01, 2025
25th Percentile Mortgage Banker Salary $127,166 Sacramento,CA March 01, 2025
50th Percentile Mortgage Banker Salary $135,808 Sacramento,CA March 01, 2025
75th Percentile Mortgage Banker Salary $145,207 Sacramento,CA March 01, 2025
90th Percentile Mortgage Banker Salary $153,764 Sacramento,CA March 01, 2025
25% $127,166 10% $119,297 90% $153,764 75% $145,207 $135,808 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 Sacramento, CA

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

Average Base Salary

Core compensation

 
 
 
127166
145207
135808

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
130400
158748
142807
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Sacramento, CA. The base salary for Mortgage Banker ranges from $127,166 to $145,207 with the average base salary of $135,808. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $130,400 to $158,748 with the average total cash compensation of $142,807.

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.

127166
145207

 

About Sacramento, California    Sacramento (/ˌsækrəˈmɛntoʊ/ SAK-rə-MEN-toh; Spanish: [sakɾaˈmento]) is the capital city of the U.S. state of California and the seat of Sacramento Cou....More

Sacramento, California  area prices were up 2.5% from a year ago

Mortgage Banker Salary in popular cities: Los AngelesSan DiegoSan Jose

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