Mortgage Associate Salary in Madison, Wisconsin

How much does a Mortgage Associate make in Madison, WI?

As of April 01, 2025, the average annual salary for a Mortgage Associate in Madison, WI is $51,413. According to Salary.com, salaries can range from a low of $39,262 to a high of $65,951, with most professionals earning between $45,053 and $59,022.

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Salary range for a Mortgage Associate

$45,053 to $59,022

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Mortgage Associate

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Job Openings for Mortgage Associate in Madison, WI

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

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Mortgage Associate Salary By Experience Levels in Madison, WI

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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 Associate Salary By Level of Education in Madison, WI

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LEVEL OF EDUCATION

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Average Salary Range for Mortgage Associate in Madison, WI

Average Base Salary

Core compensation

45053

59022

51413

Average Total Cash Compensation

Includes base and annual incentives

46620

65845

53684

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 Madison, WI. The base salary for Mortgage Associate ranges from $45,053 to $59,022 with the average base salary of $51,413. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,620 to $65,845 with the average total cash compensation of $53,684.

View Average Salary for Mortgage Associate as table

	Average Salary	Average Salary Range
Base Salary	$51,413	$45,053 - $59,022
Bonus	$2,271	$1,567 - $6,822
Total Pay	$53,684	$46,620 - $65,845

* 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 Madison, WI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Madison, WI
CITY, STATE Janesville, WI	AVERAGE SALARY RANGE $44,161 - $57,854	COMPARE TO Madison, WI
CITY, STATE Rockford, IL	AVERAGE SALARY RANGE $44,047 - $57,704	COMPARE TO Madison, WI
CITY, STATE Waukesha, WI	AVERAGE SALARY RANGE $45,610 - $59,753	COMPARE TO Madison, WI
CITY, STATE Milwaukee, WI	AVERAGE SALARY RANGE $45,780 - $59,975	COMPARE TO Madison, WI
CITY, STATE Oshkosh, WI	AVERAGE SALARY RANGE $43,845 - $57,441	COMPARE TO Madison, WI
CITY, STATE Dubuque, IA	AVERAGE SALARY RANGE $43,164 - $56,548	COMPARE TO Madison, WI

See salaries for Mortgage Associate in locations close to Madison, WI. 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 Madison, Wisconsin

Madison is located in the center of Dane County in south-central Wisconsin, 77 miles (124 km) west of Milwaukee and 122 miles (196 km) northwest of Chicago. The city completely surrounds the smaller Town of Madison, the City of Monona, and the villages of Maple Bluff and Shorewood Hills. Madison shares borders with its largest suburb, Sun Prairie, and three other suburbs, Middleton, McFarland, and Fitchburg. Other suburbs include the city of Verona and the villages of Cottage Grove, DeForest, and Waunakee as well as Mount Horeb, Oregon, Stoughton, and Cross Plains among others. According to th...

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

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