Mortgage Agent Salary in Memphis, Tennessee

How much does a Mortgage Agent make in Memphis, TN?

As of April 01, 2025, the average annual salary for a Mortgage Agent in Memphis, TN is $58,018. Salary.com reports that pay typically ranges from $50,369 to $68,181, with most professionals earning between $43,406 and $77,434.

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Salary range for a Mortgage Agent

$50,369 to $68,181

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Mortgage Agent

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Job Openings for Mortgage Agent in Memphis, TN

What does a Mortgage Agent do?

Common responsibilities of a Mortgage Agent

Meet production numbers and goals as determined on a periodic basis.

October 04, 2022

Support and follow up with clients during their home search.

November 16, 2022

Arrange for delivery of keys to buyer.

December 20, 2022

Prepare and manage paperwork and disclosures for company and clients during real estate and mortgage transactions.

January 25, 2023

Building relationships while rapidly responding to the needs of clients.

February 09, 2023

Develop leads, schedule appointments, identify customer needs, and market appropriate products and services.

February 09, 2023

Update active client files daily or as scheduled tasks deem necessary.

March 22, 2023

Provide prompt, accurate, and friendly customer service.

March 25, 2023

Initiate and maintain contact with realtors and members throughout the processing period.

May 02, 2023

Report to management and comply with production and compliance recommendations.

May 09, 2023

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Mortgage Agent 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 Agent 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 Agent in Memphis, TN

Average Base Salary

Core compensation

50369

68181

58018

Average Total Cash Compensation

Includes base and annual incentives

52034

71419

60131

What is the average salary for Mortgage Agent in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Agent in Memphis, TN. The base salary for Mortgage Agent ranges from $50,369 to $68,181 with the average base salary of $58,018. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,034 to $71,419 with the average total cash compensation of $60,131.

View Average Salary for Mortgage Agent as table

	Average Salary	Average Salary Range
Base Salary	$58,018	$50,369 - $68,181
Bonus	$2,114	$1,665 - $3,238
Total Pay	$60,131	$52,034 - $71,419

* 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 Agent Salary Near Memphis, TN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Memphis, TN
CITY, STATE Germantown, TN	AVERAGE SALARY RANGE $50,246 - $68,014	COMPARE TO Memphis, TN
CITY, STATE Southaven, MS	AVERAGE SALARY RANGE $50,294 - $68,079	COMPARE TO Memphis, TN
CITY, STATE Olive Branch, MS	AVERAGE SALARY RANGE $50,170 - $67,912	COMPARE TO Memphis, TN
CITY, STATE Jonesboro, AR	AVERAGE SALARY RANGE $49,993 - $67,672	COMPARE TO Memphis, TN
CITY, STATE Jackson, TN	AVERAGE SALARY RANGE $49,993 - $67,672	COMPARE TO Memphis, TN
CITY, STATE Tupelo, MS	AVERAGE SALARY RANGE $45,363 - $61,404	COMPARE TO Memphis, TN

See salaries for Mortgage Agent 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 Agent 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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