Mortgage Banker Salary in Staunton, Virginia

Mortgage Banker Salary in Staunton, VA

How much does a Mortgage Banker make in Staunton, VA? The average Mortgage Banker salary in Staunton, VA is $114,056 as of April 24, 2024, but the salary range typically falls between $106,858 and $121,472. 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 $100,304 Staunton,VA April 24, 2024
25th Percentile Mortgage Banker Salary $106,858 Staunton,VA April 24, 2024
50th Percentile Mortgage Banker Salary $114,056 Staunton,VA April 24, 2024
75th Percentile Mortgage Banker Salary $121,472 Staunton,VA April 24, 2024
90th Percentile Mortgage Banker Salary $128,224 Staunton,VA April 24, 2024
25% $106,858 10% $100,304 90% $128,224 75% $121,472 $114,056 50%(Median) Didn’t find job title? Click
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Mortgage Collections (Call Center)

Cenlar FSB - Tempe, AZ

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Launch your Career with a $75K Compensation Package

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

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Job Openings for Mortgage Banker in Staunton, VA
  • 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...
    - 12 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...
    - 3 Months Ago
  • Cenlar FSB - O'Fallon, MO
    Start something good. Empower your career. Become an employee-owner at Cenlar. Employee owners have made Cenlar the nation’s leading mortgage loan subservi...
    - 2 Months Ago
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender, and *we’re looking for upcoming and recent college grads* who are interested in pursuing a...
    - 3 Months Ago
  • Elements Massage - Peoria, AZ
    Overview. At Elements Massage, Peoria/Glendale/Goodyear, we believe in support. Support for our therapists, clients, staff and community. We value connecti...
    - 17 Days 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

 
 
 
106858
121472
114056

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
109211
129529
118257
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Staunton, VA. The base salary for Mortgage Banker ranges from $106,858 to $121,472 with the average base salary of $114,056. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $109,211 to $129,529 with the average total cash compensation of $118,257.

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106858
121472

 

About Staunton, Virginia    Staunton (/ˈstæntən/ STAN-tən) is an independent city in the U.S. Commonwealth of Virginia. As of the 2010 census, the population was 23,746. In Virgi....More

Staunton, Virginia  area prices were up 1.2% from a year ago

Mortgage Banker Salary in popular cities: Virginia Beach, Norfolk, Chesapeake

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