As of September 01, 2026, the average salary for a Mortgage Loan Associate in the United States is $46,717 per year, which breaks down to an hourly rate of $22.
However, a Mortgage Loan Associate's salary can vary significantly. Here’s a look at the typical salary range:
Mortgage Loan Associate Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $50,768 | $4,231 | $976 | $24 |
| Average | $46,717 | $3,893 | $898 | $22 |
| 25th Percentile | $42,304 | $3,525 | $814 | $20 |
A Mortgage Loan Associate's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Mortgage Loan Associate's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Mortgage ... Level Mortgage Loan Associate | $46,419 |
| Purchasin... Level Mortgage Loan Associate | $52,034 |
| Purchasin... Level Mortgage Loan Associate | $59,734 |
| Purchasin... Level Mortgage Loan Associate | $66,941 |
| Purchasin... Level Mortgage Loan Associate | $85,385 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 3.39% |
| Logistics | 1.42% |
| PowerPoint | 0.84% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Mortgage Loan Associate's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Teamwork | $55,593 | |
| Presentation | $54,659 | |
| Process Improvement | $54,659 |
Your level of education can impact your salary potential. While many Mortgage Loan Associates enter the field with a No Diploma degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Mortgage Loan Associate with a No Diploma is between $45,917 and $49,288).
| Typical Education for Mortgage Loan Associate | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 1.1% |
| High School | 35.6% |
| Associates | 18.9% |
| Bachelors | 39.2% |
| Masters | 5.0% |
| Doctorate | 0.3% |
Understanding how a Mortgage Loan Associate's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $50,768 | $4,231 | $976 | $24 |
| Average | $46,717 | $3,893 | $898 | $22 |
| 25th Percentile | $42,304 | $3,525 | $814 | $20 |
Salaries for a Mortgage Loan Associate can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $43,776 in 2023 to around $43,791 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Loan Associate salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $43,776 |
| 2024 | $44,203 |
| 2025 | $43,791 |
| 2026 |
View More
|
| 2027 |
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|
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The Pharmaceuticals industry offers the highest average compensation for Mortgage Loan Associate roles, with salaries approximately 25% above the market median.
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