How much does a Mortgage Banker make in Yazoo City, MS? The average Mortgage Banker salary in Yazoo City, MS is $110,175 as of April 24, 2024, but the salary range typically falls between $103,222 and $117,339. 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 $96,891 Yazoo City,MS April 24, 2024
25th Percentile Mortgage Banker Salary $103,222 Yazoo City,MS April 24, 2024
50th Percentile Mortgage Banker Salary $110,175 Yazoo City,MS April 24, 2024
75th Percentile Mortgage Banker Salary $117,339 Yazoo City,MS April 24, 2024
90th Percentile Mortgage Banker Salary $123,861 Yazoo City,MS April 24, 2024
25% $103,222 10% $96,891 90% $123,861 75% $117,339 $110,175 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.

Job Openings for Mortgage Banker in Yazoo City, MS

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

Average Base Salary

Core compensation

 
 
 
103222
117339
110175

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
105495
125121
114233
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Yazoo City, MS. The base salary for Mortgage Banker ranges from $103,222 to $117,339 with the average base salary of $110,175. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $105,495 to $125,121 with the average total cash compensation of $114,233.

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103222
117339

 

About Yazoo City, Mississippi    Yazoo City is located 40 mi (64 km) northwest of Jackson at the junctions of U.S. Routes 49, 49E, and 49W, and MS Highways 3, 16, and 149, on the bank....More

Yazoo City, Mississippi  area prices were up 1.2% from a year ago

Mortgage Banker Salary in popular cities: JacksonGulfportHattiesburg

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