Mortgage Associate Salary in Santa Fe, New Mexico

How much does a Mortgage Associate make in Santa Fe, NM?

As of April 01, 2025, the average annual salary for a Mortgage Associate in Santa Fe, NM is $49,315. According to Salary.com, salaries can range from a low of $37,660 to a high of $63,260, with most professionals earning between $43,214 and $56,614.

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Salary range for a Mortgage Associate

$43,214 to $56,614

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Mortgage Associate

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Job Openings for Mortgage Associate in Santa Fe, NM

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 Santa Fe, NM

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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 Santa Fe, NM

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LEVEL OF EDUCATION

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Average Salary Range for Mortgage Associate in Santa Fe, NM

Average Base Salary

Core compensation

43214

56614

49315

Average Total Cash Compensation

Includes base and annual incentives

44718

63158

51493

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 Santa Fe, NM. The base salary for Mortgage Associate ranges from $43,214 to $56,614 with the average base salary of $49,315. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,718 to $63,158 with the average total cash compensation of $51,493.

View Average Salary for Mortgage Associate as table

	Average Salary	Average Salary Range
Base Salary	$49,315	$43,214 - $56,614
Bonus	$2,178	$1,503 - $6,544
Total Pay	$51,493	$44,718 - $63,158

* 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 Santa Fe, NM

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Santa Fe, NM
CITY, STATE Rio Rancho, NM	AVERAGE SALARY RANGE $42,858 - $56,147	COMPARE TO Santa Fe, NM
CITY, STATE Albuquerque, NM	AVERAGE SALARY RANGE $42,995 - $56,327	COMPARE TO Santa Fe, NM
CITY, STATE Farmington, NM	AVERAGE SALARY RANGE $42,419 - $55,572	COMPARE TO Santa Fe, NM
CITY, STATE Clovis, NM	AVERAGE SALARY RANGE $40,841 - $53,505	COMPARE TO Santa Fe, NM
CITY, STATE Roswell, NM	AVERAGE SALARY RANGE $40,105 - $52,540	COMPARE TO Santa Fe, NM
CITY, STATE Alamogordo, NM	AVERAGE SALARY RANGE $40,791 - $53,439	COMPARE TO Santa Fe, NM

See salaries for Mortgage Associate in locations close to Santa Fe, NM. 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 Santa Fe, New Mexico

Santa Fe (/ˌsæntəˈfeɪ/ or /ˈsæntəˌfeɪ/; Tewa: Oghá P'o'oge, Navajo: Yootó) is the capital of the U.S. state of New Mexico. It is the fourth-largest city in the state and the seat of Santa Fe County. This area was occupied for at least several thousand years by indigenous peoples who built villages several hundred years ago, on the current site of the city. It was known by the Tewa inhabitants as Ogha Po'oge ("White Shell Water Place"). The city of Santa Fe, founded by Spanish colonists in 1610, is the oldest state capital in the United States. Santa Fe (meaning "holy faith" in Spanish) had a p...

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

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