Mortgage Banker Salary in Saint Clair, Minnesota

Mortgage Banker Salary in Saint Clair, MN

How much does a Mortgage Banker make in Saint Clair, MN? The average Mortgage Banker salary in Saint Clair, MN is $128,078 as of April 24, 2024, but the salary range typically falls between $119,995 and $136,406. 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 $112,636 Saint Clair,MN April 24, 2024
25th Percentile Mortgage Banker Salary $119,995 Saint Clair,MN April 24, 2024
50th Percentile Mortgage Banker Salary $128,078 Saint Clair,MN April 24, 2024
75th Percentile Mortgage Banker Salary $136,406 Saint Clair,MN April 24, 2024
90th Percentile Mortgage Banker Salary $143,989 Saint Clair,MN April 24, 2024
25% $119,995 10% $112,636 90% $143,989 75% $136,406 $128,078 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Saint Clair, Minnesota

Mortgage Banker

Minnwest Bank - Redwood Falls, MN

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Mortgage Banker

Minnwest Bank - Saint Cloud, MN

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Mortgage Banker

Border Bank - Minneapolis, MN

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Mortgage Collections (Call Center)

Cenlar FSB - Tempe, AZ

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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

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Job Openings for Mortgage Banker in Saint Clair, MN
  • Minnwest Bank - Redwood Falls, MN
    Job Description. Job Description. Position Summary/Purpose. Minnwest Bank is seeking an individual for a Mortgage Banker position at our Redwood Falls loca...
    - 1 Day Ago
  • Minnwest Bank - Saint Cloud, MN
    Job Description. Job Description. Position Summary/Purpose. Minnwest Bank is seeking an individual for a Mortgage Banker position in either of the followin...
    - 2 Days Ago
  • Border Bank - Minneapolis, MN
    Job Description. Job Description. We're hiring a Mortgage Banker at the Coon Rapids, MN Border Bank. As a Mortgage Banker you will generate and originate n...
    - 3 Days Ago
  • Cenlar FSB - Tempe, AZ
    Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 11 Days Ago
  • Cenlar FSB - Tempe, AZ
    Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 2 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

 
 
 
119995
136406
128078

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
122638
145453
132796
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Saint Clair, MN. The base salary for Mortgage Banker ranges from $119,995 to $136,406 with the average base salary of $128,078. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $122,638 to $145,453 with the average total cash compensation of $132,796.

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119995
136406

 

About Saint Clair, Minnesota    St. Clair is a city in Blue Earth County, Minnesota, along the Le Sueur River. The population was 868 at the 2010 census. It is part of the Mankato–No....More

Saint Clair, Minnesota  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: Minneapolis, Saint Paul, Rochester

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