What is the salary range of Mortgage Banker?

As of December 01, 2024, the average annual pay of Mortgage Banker in Twin Falls, ID is $110,047. While Salary.com is seeing that Mortgage Banker salary in Twin Falls, ID can go up to $124,597 or down to $96,670, but most earn between $103,045 and $117,663. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in the United States.

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 $96,670 Twin Falls,ID December 01, 2024
25th Percentile Mortgage Banker Salary $103,045 Twin Falls,ID December 01, 2024
50th Percentile Mortgage Banker Salary $110,047 Twin Falls,ID December 01, 2024
75th Percentile Mortgage Banker Salary $117,663 Twin Falls,ID December 01, 2024
90th Percentile Mortgage Banker Salary $124,597 Twin Falls,ID December 01, 2024
25% $103,045 10% $96,670 90% $124,597 75% $117,663 $110,047 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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Job Openings for Mortgage Banker in Twin Falls, ID

Understand the total compensation opportunity for a Mortgage Banker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
103045
117663
110047

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
105663
128635
115716
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Twin Falls, ID. The base salary for Mortgage Banker ranges from $103,045 to $117,663 with the average base salary of $110,047. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $105,663 to $128,635 with the average total cash compensation of $115,716.

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103045
117663

 

About Twin Falls, Idaho    Twin Falls is located at 42°34'N 114°28'W (42.561,-114.464). According to the United States Census Bureau, the city has a total area of 18.16 square m....More

Twin Falls, Idaho  area prices were up 2.5% from a year ago

Mortgage Banker Salary in popular cities: BoiseNampaMeridian

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