Mortgage Advisor Salary in Memphis, Tennessee

What is the highest and lowest pay for Mortgage Advisor?

As of December 01, 2024, the average annual pay of Mortgage Advisor in Memphis, TN is $47,190. While Salary.com is seeing that the highest pay for Mortgage Advisor in Memphis, TN can go up to $62,127 and the lowest down to $34,656, but most earn between $40,629 and $55,008. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Advisor in the United States.

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Salary range for a Mortgage Advisor

$40,629 to $55,008

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Mortgage Advisor

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Job Openings for Mortgage Advisor in Memphis, TN

What does a Mortgage Advisor do?

Common responsibilities of a Mortgage Advisor

Develops and maintains strong relationships with Weichert Realtors Sales Associates for the purpose of recommending and selling mortgage products which meet the qualified customer's needs.

January 30, 2023

Adhere to all federal and state compliance guidelines relative to the position.

December 26, 2022

Communicates both verbally and in writing to member inquiries pertaining to all functions related to the mortgage loan process.

January 12, 2023

Maintains and submits a source-of-business log monthly to supervisor.

February 01, 2023

Meet with prospective borrowers to analyze and collect relevant financial and credit data, determine client objectives, review financing options, and advise them on suitable loan financing options.

February 08, 2023

Ordering credit reports, appraisals, and title reports ensuring accurate and timely completion of mortgage loan applications and other documents.

March 15, 2023

Assists customers with routine account related questions and requests as well as collection of payments.

April 12, 2023

Demonstrated experience in learning needs analysis, in addition to the diagnosis, analysis, design and implementation of learning and development solutions in a multi- geography context.

April 15, 2023

Required to communicate in writing and create collection letters and management reports.

April 15, 2023

Completes each loan application and all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three business-day period.

May 18, 2023

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Mortgage Advisor Salary By Experience Levels in Memphis, TN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Mortgage Advisor Salary By Level of Education in Memphis, TN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Mortgage Advisor in Memphis, TN

Average Base Salary

Core compensation

40629

55008

47190

Average Total Cash Compensation

Includes base and annual incentives

46665

75026

58361

What is the average salary for Mortgage Advisor in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Advisor in Memphis, TN. The base salary for Mortgage Advisor ranges from $40,629 to $55,008 with the average base salary of $47,190. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,665 to $75,026 with the average total cash compensation of $58,361.

View Average Salary for Mortgage Advisor as table

	Average Salary	Average Salary Range
Base Salary	$47,190	$40,629 - $55,008
Bonus	$11,172	$6,036 - $20,017
Total Pay	$58,361	$46,665 - $75,026

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Mortgage Advisor Salary Near Memphis, TN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Memphis, TN
CITY, STATE Germantown, TN	AVERAGE SALARY RANGE $40,081 - $54,267	COMPARE TO Memphis, TN
CITY, STATE Southaven, MS	AVERAGE SALARY RANGE $40,122 - $54,321	COMPARE TO Memphis, TN
CITY, STATE Olive Branch, MS	AVERAGE SALARY RANGE $40,021 - $54,185	COMPARE TO Memphis, TN
CITY, STATE Jonesboro, AR	AVERAGE SALARY RANGE $39,879 - $53,993	COMPARE TO Memphis, TN
CITY, STATE Jackson, TN	AVERAGE SALARY RANGE $39,879 - $53,993	COMPARE TO Memphis, TN
CITY, STATE Tupelo, MS	AVERAGE SALARY RANGE $36,579 - $49,525	COMPARE TO Memphis, TN

See salaries for Mortgage Advisor in locations close to Memphis, TN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Memphis, Tennessee

Memphis is a city located along the Mississippi River in southwestern Shelby County, Tennessee, United States. The 2017 city population was 652,236, making Memphis the largest city on the Mississippi River, second-largest city in Tennessee, as well as the 25th largest city in the United States. Greater Memphis is the 42nd largest metropolitan area in the United States, with a population of 1,348,260 in 2017. The city is the anchor of West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas and Mississippi. Memphis is the seat of Shelby County, the most p...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Mortgage Advisor job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Memphis, TN that might be a good fit for the type of job and salary you are looking for.

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