Mortgage Banker Salary in Seattle, Washington

Mortgage Banker Salary in Seattle, WA

How much does a Mortgage Banker make in Seattle, WA?

As of March 01, 2025, the average annual salary for a Mortgage Banker in Seattle, WA is $138,572. Salary.com reports that pay typically ranges from $129,754 to $148,162, with most professionals earning between $121,725 and $156,893.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $121,725 Seattle,WA March 01, 2025
25th Percentile Mortgage Banker Salary $129,754 Seattle,WA March 01, 2025
50th Percentile Mortgage Banker Salary $138,572 Seattle,WA March 01, 2025
75th Percentile Mortgage Banker Salary $148,162 Seattle,WA March 01, 2025
90th Percentile Mortgage Banker Salary $156,893 Seattle,WA March 01, 2025
25% $129,754 10% $121,725 90% $156,893 75% $148,162 $138,572 50%(Median) Didn’t find job title? Click
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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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Understand the total compensation opportunity for a Mortgage Banker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
129754
148162
138572

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
133054
161979
145713
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Seattle, WA. The base salary for Mortgage Banker ranges from $129,754 to $148,162 with the average base salary of $138,572. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $133,054 to $161,979 with the average total cash compensation of $145,713.

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129754
148162

 

About Seattle, Washington    Seattle (/siˈætəl/ (listen) see-AT-əl) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With an e....More

Seattle, Washington  area prices were up 2.8% from a year ago

Mortgage Banker Salary in popular cities: Spokane, Tacoma, Vancouver

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