As of October 01, 2026, the average annual salary for Mortgage Banker in Washington is $132,550, equivalent to $64 per hour, $2,549 weekly, or $11,046 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Mortgage Banker in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Mortgage Banker in Washington vary widely, spanning from $114,593 to $157,190. Most professionals fall between the 25th percentile ($123,151) and 75th percentile ($145,448), while top earners (90th percentile) make $157,190 per year. This $22,297 pay gap underscores opportunities for salary growth through certifications, specialized skills like Customer Service or Loan Processing, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Washington Mortgage Banker often earn 8.4% higher than national averages due to demand from Fortune 42 companies. However, Washington currently ranks 4 nationwide for Mortgage Banker job salary. Professionals are advised to focus on high-growth sectors like Edu., Gov't. & Nonprofit to offset market challenges.

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 $114,593 WA October 01, 2026
25th Percentile Mortgage Banker Salary $123,151 WA October 01, 2026
50th Percentile Mortgage Banker Salary $132,550 WA October 01, 2026
75th Percentile Mortgage Banker Salary $145,448 WA October 01, 2026
90th Percentile Mortgage Banker Salary $157,190 WA October 01, 2026
25% $123,151 10% $114,593 90% $157,190 75% $145,448 $132,550 50%(Median) Didn’t find job title? Click
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Check out Mortgage Banker jobs in Washington

Sr. Mortgage Banker/Mortgage Loan Originator

Harborstone Credit Union - Lakewood, WA

Sr. Mortgage Banker/Mortgage Loan Originator

Harborstone Credit Union - Mount Vernon, WA

Bilingual Mortgage Loan Officer Assistant

US Mortgage Corporation - ATLANTA, GA

Mortgage Loan Originator

Generations Home Loans - STOCKTON, CA

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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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Location Avg. Salary Date Updated
Location Aberdeen, WA Avg. Salary $149,380 Date Updated October 01, 2026
Location Acme, WA Avg. Salary $147,964 Date Updated October 01, 2026
Location Addy, WA Avg. Salary $145,271 Date Updated October 01, 2026
Location Adna, WA Avg. Salary $149,914 Date Updated October 01, 2026
Location Airway Heights, WA Avg. Salary $145,967 Date Updated October 01, 2026
Location Albion, WA Avg. Salary $145,085 Date Updated October 01, 2026
Location Allyn, WA Avg. Salary $153,760 Date Updated October 01, 2026
Location Almira, WA Avg. Salary $144,166 Date Updated October 01, 2026
Location Amanda Park, WA Avg. Salary $147,716 Date Updated October 01, 2026
Location Amboy, WA Avg. Salary $148,817 Date Updated October 01, 2026
Job Openings for Mortgage Banker in Washington

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