How much does a Mortgage Loan Associate make? The average Mortgage Loan Associate salary is $44,279 as of April 26, 2022, but the salary range typically falls between $38,761 and $50,550. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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What does a Mortgage Loan Associate do?
Mortgage Loan Associate
Reviews documentation to ensure compliance.
January 06, 2021
Collaborates with internal and external stakeholders to complete mortgage transactions.
August 14, 2021
Develops and prepares loan solutions and identifies products and services options based on customer needs.
November 03, 2021
Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc.
December 11, 2021
Manages customer pipeline for efficiency.
December 22, 2021
Building a quality external network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities.
December 26, 2021
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.
February 08, 2022
Mortgage Loan Associate Salary in Major Cities
This chart shows the salary comparison for Mortgage Loan Associate between major cities. San Francisco City consistently ranks #1 as of April 26, 2022. Click on the chart to see the detail salary data for Mortgage Loan Associate in each city.
Mortgage Loan Associate Salary by State
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- District of Columbia
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Mortgage Loan Associate Salary by City
Click to see the salary for Mortgage Loan Associate in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $55,348 |
| Washington, DC | $49,291 |
| Miami, FL | $43,106 |
| Chicago, IL | $46,975 |
| Boston, MA | $49,889 |
| New York, NY | $53,267 |
| Dallas, TX | $43,991 |
If you'd like know Mortgage Loan Associate Salary in other cities, then please select a city in
Average Salary Range for Mortgage Loan Associate
Average Base Salary
Core compensation
38761
50550
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Mortgage Loan Associate in 2022?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Associate in the United States. The base salary for Mortgage Loan Associate ranges from $38,761 to $50,550 with the average base salary of $44,279. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,231 to $51,804 with the average total cash compensation of $45,095.
View Average Salary for Mortgage Loan Associate as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $44,279 | $38,761 - $50,550 |
| Bonus | $816 | $471 - $1,254 |
| Total Pay | $45,095 | $39,231 - $51,804 |
* 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.
Estimate Salary for Mortgage Loan Associate online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Mortgage Loan Associate, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Mortgage Loan Associate
What's the difference between Mortgage Loan Closer and Mortgage Loan Associate?
According to our latest salary estimation on April 26, 2022. The average salary of Mortgage Loan Associate is $44,279, and the average salary of Mortgage Loan Closer is $49,600. The average salary of Mortgage Loan Closer is higher than Mortgage Loan Associate. ( 2022-04-26 salary.com )
I am a Mortgage Loan Associate, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Mortgage Loan Associate. a Mortgage Loan Associate Salary in Arlington, MA is $49,889 as of April 26, 2022; a Mortgage Loan Associate Salary in San Bernardino, CA is $47,172 as of April 26, 2022. ( 2022-04-26 salary.com )
Mortgage Loan Associate Frequently Asked Questions
Why does the salary of a Mortgage Loan Associate vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2022-04-26 salary.com )
What are the Pay Factors for Mortgage Loan Associate?
Salary ranges for a Mortgage Loan Associate can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2022-04-26 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2022-04-26 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: April 26, 2022