Mortgage Associate Salary in Indianapolis, IN

How much does a Mortgage Associate make in Indianapolis, IN?

As of April 01, 2025, the average annual salary for a Mortgage Associate in Indianapolis, IN is $50,776. According to Salary.com, salaries can range from a low of $38,776 to a high of $65,134, with most professionals earning between $44,495 and $58,292.

Search Mortgage Associate Jobs in Indianapolis, IN

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Mortgage Associate

$44,495 to $58,292

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Mortgage Associate Salary:
Select State
Select City in IN
Choose Similar Job
Pick Related Category
View Cost of Living in Indianapolis, Indiana

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Mortgage Associate

Review the job openings and experience requirements for the Mortgage Associate job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Mortgage Associate.

Search Mortgage Associate Job Openings

Job Openings for Mortgage Associate in Indianapolis, IN

What does a Mortgage Associate do?

Common responsibilities of a Mortgage Associate

Assumes responsibility for establishing and maintaining effective business relations with members, appraisers, investors, and mortgage industry professionals.

August 08, 2022

Demonstrate a commitment to professional ethics, as well as conform to all federal and state compliance policies and adhering to Home Mortgage Disclosure Act (HMDA) requirements.

January 05, 2023

Completes due diligence analysis including review of leases, rent rolls, third party reports, estoppels, and other business-related matters.

January 29, 2023

Reviews appraisals, titles, and purchase and sales contracts as received, submits them to underwriting as necessary, makes all required calls, system updates and orders any addendums required for the review.

February 05, 2023

Assist Mortgage Advisors in submitting clear, complete and timely applications to the Mortgage Operations team for initial disclosures and processing.

February 11, 2023

Develop Excel financial models in support of transaction execution, rating agency interactions and investor dialogue.

March 17, 2023

Prepares draft investment committee write ups working collaboratively with commercial mortgage team, mortgage banking representatives, analysts and other relevant resources, such as appraisers or other sources of commercial real estate data.

April 03, 2023

Performs periodic [no less than annual] audit with all third-party providers of flood insurance and compare against bank's portfolio of loans.

April 07, 2023

Monitors new loan and closed loan reports for proper reporting to the private mortgage insurance companies.

April 21, 2023

Provide end-to-end comprehensive lending guidance and solutions to prospective borrowers by uncovering their life priorities, analyzing financial and credit data, and determining client financing objectives.

May 05, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Mortgage Associate Salary By Experience Levels in Indianapolis, IN

How much should you be earning in Mortgage Associate in Indianapolis, IN based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Mortgage Associate in Indianapolis, IN

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 Associate Salary By Level of Education in Indianapolis, IN

Do you know how much should you be paid for a Mortgage Associate position in Indianapolis, IN based on your education level?

Tell us about your education and see an estimate of earnings for Mortgage Associate in Indianapolis, IN and well to know the impact of education on future careers.

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 Associate in Indianapolis, IN

Average Base Salary

Core compensation

44495

58292

50776

Average Total Cash Compensation

Includes base and annual incentives

46043

65029

53019

What is the average salary for Mortgage Associate in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Associate in Indianapolis, IN. The base salary for Mortgage Associate ranges from $44,495 to $58,292 with the average base salary of $50,776. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,043 to $65,029 with the average total cash compensation of $53,019.

View Average Salary for Mortgage Associate as table

	Average Salary	Average Salary Range
Base Salary	$50,776	$44,495 - $58,292
Bonus	$2,243	$1,548 - $6,738
Total Pay	$53,019	$46,043 - $65,029

* 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 Associate Salary Near Indianapolis, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Indianapolis, IN
CITY, STATE Fishers, IN	AVERAGE SALARY RANGE $42,254 - $55,356	COMPARE TO Indianapolis, IN
CITY, STATE Greenwood, IN	AVERAGE SALARY RANGE $44,476 - $58,268	COMPARE TO Indianapolis, IN
CITY, STATE Carmel, IN	AVERAGE SALARY RANGE $44,440 - $58,220	COMPARE TO Indianapolis, IN
CITY, STATE Anderson, IN	AVERAGE SALARY RANGE $42,345 - $55,476	COMPARE TO Indianapolis, IN
CITY, STATE Bloomington, IN	AVERAGE SALARY RANGE $42,121 - $55,182	COMPARE TO Indianapolis, IN
CITY, STATE Muncie, IN	AVERAGE SALARY RANGE $42,181 - $55,260	COMPARE TO Indianapolis, IN

See salaries for Mortgage Associate in locations close to Indianapolis, IN. 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 Indianapolis, Indiana

Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indianapolis (balance) encompasses a total area of 368.2 square miles (954 km2), of which 361.5 square miles (936 km2) is land and 6.7 square miles (17 km2) is water. The consolidated city boundaries are coterminous with Marion County, with the exception of the autonomous municipalities of Beech Grove, Lawrence, Southport, and Speedway. Indianapolis is the 16th largest city by land area in the U.S. Indianapolis is within the Tipton Till Plain, a flat to...

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

View Salary for Similar Jobs to Mortgage Associate in Indianapolis, IN

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Mortgage Loan Associate	LOCATION Indianapolis, IN	MINIMUM SALARY $44,050	MAXIMUM SALARY $55,584
JOB TITLE Mortgage Sales Associate	LOCATION Indianapolis, IN	MINIMUM SALARY $59,022	MAXIMUM SALARY $69,965
JOB TITLE Mortgage Collection Manager	LOCATION Indianapolis, IN	MINIMUM SALARY $77,360	MAXIMUM SALARY $97,979
JOB TITLE Delinquent Mortgage Collections Manager	LOCATION Indianapolis, IN	MINIMUM SALARY $77,400	MAXIMUM SALARY $98,000
JOB TITLE Mortgage Closer	LOCATION Indianapolis, IN	MINIMUM SALARY $43,151	MAXIMUM SALARY $53,313
JOB TITLE Mortgage Assistant	LOCATION Indianapolis, IN	MINIMUM SALARY $112,884	MAXIMUM SALARY $133,574

The Mortgage Associate 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 Indianapolis, IN that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

44495

58292

About Indianapolis, Indiana Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indiana....More

Indianapolis, Indiana area prices were up 1.3% from a year ago

Mortgage Associate Salary in popular cities: Fort Wayne, Evansville, South Bend

Recently searched related titles: Cover Supervisor

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Mortgage Associate : Chief Dietitian, Rental Agent, Loan Supervisor