Mortgage Banker Salary in Stockton, Minnesota

Mortgage Banker Salary in Stockton, MN

How much does a Mortgage Banker make in Stockton, MN? The average Mortgage Banker salary in Stockton, MN is $118,547 as of August 27, 2024, but the salary range typically falls between $111,006 and $126,753. 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 $104,141 Stockton,MN August 27, 2024
25th Percentile Mortgage Banker Salary $111,006 Stockton,MN August 27, 2024
50th Percentile Mortgage Banker Salary $118,547 Stockton,MN August 27, 2024
75th Percentile Mortgage Banker Salary $126,753 Stockton,MN August 27, 2024
90th Percentile Mortgage Banker Salary $134,225 Stockton,MN August 27, 2024
25% $111,006 10% $104,141 90% $134,225 75% $126,753 $118,547 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

See user submitted job responsibilities for Mortgage Banker.

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Job Openings for Mortgage Banker in Stockton, MN
  • Santa Clarita Dialysis, LLC - MISSION HILLS, CA
    A well-established, thriving Nephrology practice in the North San Fernando Valley has a need for a full time or part-time board-certified Nurse Practitione...
    - 6 Days Ago
  • Positive Behavior Supports Corporation - LAS VEGAS, NM
    Join a leader in ABA services through a career with Positive Behavior Supports Corp. Team PBS. PBS is BCBA owned and operated, spanning 32 states with regi...
    - 1 Day Ago
  • Core Medical Group - YAKIMA, WA
    Experience Required: Position requires at least 1 year of relevant specialty experience. Shift: 8 Hour Days. CoreMedical Group is a nationally recognized l...
    - 2 Days Ago
  • Alltran Trucking LLC - , VA
    Job Description. OWNER OPERATORS - Flatbed / Stepdeck / RGN / Overdimensional - 80% gross - Dedicated customer pool. 80% of gross line haul. Flatbed, Stepd...
    - 8 Days Ago
  • MindCare Solutions - CHARLESTON, WV
    At Psych360, now a vital component of Mindcare Solutions, our unwavering focus is on achieving successful patient outcomes, harmonized seamlessly with a sp...
    - 10 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

 
 
 
111006
126753
118547

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
113828
138575
124656
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Stockton, MN. The base salary for Mortgage Banker ranges from $111,006 to $126,753 with the average base salary of $118,547. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $113,828 to $138,575 with the average total cash compensation of $124,656.

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111006
126753

 

About Stockton, Minnesota    Stockton is a city in Winona County, Minnesota, United States. The population was 697 at the 2010 census. According to the United States Census Bureau....More

Stockton, 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