How much does a Mortgage Banker make in Volga, IA? The average Mortgage Banker salary in Volga, IA is $115,183 as of April 24, 2024, but the salary range typically falls between $107,914 and $122,672. 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 $101,295 Volga,IA April 24, 2024
25th Percentile Mortgage Banker Salary $107,914 Volga,IA April 24, 2024
50th Percentile Mortgage Banker Salary $115,183 Volga,IA April 24, 2024
75th Percentile Mortgage Banker Salary $122,672 Volga,IA April 24, 2024
90th Percentile Mortgage Banker Salary $129,491 Volga,IA April 24, 2024
25% $107,914 10% $101,295 90% $129,491 75% $122,672 $115,183 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Volga, Iowa

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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.

Job Openings for Mortgage Banker in Volga, IA
  • At UWM, a Site Reliability Engineer (SRE) is responsible for providing cutting edge monitoring solutions for our applications and infrastructure, support o...
    - 2 Months Ago
  • At UWM, finding a better way is something we do every day. As an Application Architect, you’ll collaborate with application development teams to create new...
    - 2 Months Ago
  • We are seeking an experienced UI Architect who is passionate about creating elegant experiences that align business goals with users’ needs. You will work ...
    - 2 Months Ago
  • Are you passionate about developing engaging learning programs and turning complex information into concise, understandable content. Then, we have an excit...
    - 7 Months Ago
  • 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...
    - 2 Months 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

 
 
 
107914
122672
115183

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
110290
130809
119426
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Volga, IA. The base salary for Mortgage Banker ranges from $107,914 to $122,672 with the average base salary of $115,183. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,290 to $130,809 with the average total cash compensation of $119,426.

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107914
122672

 

About Volga, Iowa    Volga is a city in Clayton County, Iowa, United States. The population was 208 at the 2010 census, down from 247 at the 2000 census. Volga is located ....More

Volga, Iowa  area prices were up 0.8% from a year ago

Mortgage Banker Salary in popular cities: Des MoinesCedar RapidsDavenport

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