How much does a Mortgage Banker make in Thornfield, MO? The average Mortgage Banker salary in Thornfield, MO is $111,848 as of May 28, 2024, but the salary range typically falls between $104,792 and $119,118. 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.

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 $98,367 Thornfield,MO May 28, 2024
25th Percentile Mortgage Banker Salary $104,792 Thornfield,MO May 28, 2024
50th Percentile Mortgage Banker Salary $111,848 Thornfield,MO May 28, 2024
75th Percentile Mortgage Banker Salary $119,118 Thornfield,MO May 28, 2024
90th Percentile Mortgage Banker Salary $125,736 Thornfield,MO May 28, 2024
25% $104,792 10% $98,367 90% $125,736 75% $119,118 $111,848 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Thornfield, Missouri

Bilingual Mortgage Banker

BOK Financial - Lees Summit, MO

Mortgage Banker - Retail

Commerce Bank - Saint Louis, MO

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 Thornfield, MO
  • Req ID: 75003 Location: Lees Summit -LEES, Kansas City -KSCY Areas of Interest: Mortgage, Loan Origination Pay Transparency Salary Range: Not Available App...
    - 4 Days Ago
  • About Working at Commerce. Building a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping...
    - 4 Days Ago
  • Job Description. Job Description. Are you a. driven self-starter. with a passion for sales. If so, we have an exciting career opportunity for you. Join our...
    - 25 Days Ago
  • Job Description. Job Description. Are you a. driven self-starter. with a passion for sales. If so, we have an exciting career opportunity for you. Join our...
    - 25 Days Ago
  • Job Description. Job Description. Are you a. driven self-starter. with a passion for sales. If so, we have an exciting career opportunity for you. Join our...
    - 25 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

 
 
 
104792
119118
111848

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
107094
127021
115969
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Thornfield, MO. The base salary for Mortgage Banker ranges from $104,792 to $119,118 with the average base salary of $111,848. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $107,094 to $127,021 with the average total cash compensation of $115,969.

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For a real-time salary target, tell us more about your role in the four categories below.

104792
119118

 

About Thornfield, Missouri    Thornfield is an unincorporated community in Ozark County, Missouri. It is 15 miles (24 km) northwest of Gainesville. It is located on Route 95 at ....More

Thornfield, Missouri  area prices were up 1.3% from a year ago

Mortgage Banker Salary in popular cities: Kansas CitySaint LouisSpringfield

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