Mortgage Officer Salary in Ann Arbor, Michigan

How much does a Mortgage Officer make in Ann Arbor, MI?

As of February 01, 2025, the average annual salary for a Mortgage Officer in Ann Arbor, MI is $56,189. Salary.com reports that pay typically ranges from $48,448 to $61,767, with most professionals earning between $41,400 and $66,844.

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Salary range for a Mortgage Officer

$48,448 to $61,767

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Mortgage Officer

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Job Openings for Mortgage Officer in Ann Arbor, MI

What does a Mortgage Officer do?

Common responsibilities of a Mortgage Officer

Maintains good working relationship with assigned Mortgage Processor regarding progress and required processing information .

January 04, 2023

Meets with Prospects identified directly as well as referred by realtors, developers, attorneys and other external and internal referral sources.

March 09, 2023

Reviewing completed mortgage application for accuracy and thoroughness and requests additional information if necessary.

March 22, 2023

Collect and confirm the accuracy of all necessary supporting loan documentation, including credit histories, financial statements along with the appropriate fee and lock-in information, and ensure all loans conform to all applicable terms and guidelines.

March 22, 2023

Management directly to ensure that loan documents are submitted in a timely manner following Federal Government requirement for early disclosures and closing disclosure.

April 04, 2023

Develops, creates, conducts, and/or participates in events to build ongoing business for Navy Federal such as Homebuyer Seminars, trade shows, tent sales, branch office promotions, etc.

April 22, 2023

Provides instruction regarding policy, procedures, products, tools and programs and ensures they are well informed regarding related legal and regulatory developments.

April 27, 2023

Demonstrates a positive member service (internal and external) focus at all times, greeting members and guests with a smile and eye contact immediately upon their arrival, using their name or acknowledging them, and thanking them for their business.

April 29, 2023

Understands, accepts and recognizes requirements relating to compliance issues and attends training as is appropriate and relative to their position.

April 29, 2023

Assists to ensure that the various federal reporting documents are delivered in a timely manner, to include the borrowers 1098, sellers 1099, interest reported to the IRS, and the HMDA report.

May 18, 2023

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Mortgage Officer Salary By Experience Levels in Ann Arbor, MI

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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 Officer Salary By Level of Education in Ann Arbor, MI

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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 Officer in Ann Arbor, MI

Average Base Salary

Core compensation

48448

61767

56189

Average Total Cash Compensation

Includes base and annual incentives

53158

68245

61705

What is the average salary for Mortgage Officer in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Officer in Ann Arbor, MI. The base salary for Mortgage Officer ranges from $48,448 to $61,767 with the average base salary of $56,189. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,158 to $68,245 with the average total cash compensation of $61,705.

View Average Salary for Mortgage Officer as table

	Average Salary	Average Salary Range
Base Salary	$56,189	$48,448 - $61,767
Bonus	$5,515	$4,710 - $6,478
Total Pay	$61,705	$53,158 - $68,245

* 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 Officer Salary Near Ann Arbor, MI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Ann Arbor, MI
CITY, STATE Canton, MI	AVERAGE SALARY RANGE $48,651 - $62,026	COMPARE TO Ann Arbor, MI
CITY, STATE Westland, MI	AVERAGE SALARY RANGE $48,047 - $61,255	COMPARE TO Ann Arbor, MI
CITY, STATE Novi, MI	AVERAGE SALARY RANGE $48,500 - $61,833	COMPARE TO Ann Arbor, MI
CITY, STATE Dearborn Heights, MI	AVERAGE SALARY RANGE $47,719 - $60,837	COMPARE TO Ann Arbor, MI
CITY, STATE Livonia, MI	AVERAGE SALARY RANGE $47,593 - $60,677	COMPARE TO Ann Arbor, MI
CITY, STATE Taylor, MI	AVERAGE SALARY RANGE $47,669 - $60,773	COMPARE TO Ann Arbor, MI

See salaries for Mortgage Officer in locations close to Ann Arbor, MI. 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 Ann Arbor, Michigan

Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. The 2010 census recorded its population to be 113,934, making it the sixth largest city in Michigan. Ann Arbor is home to the University of Michigan. The university significantly shapes Ann Arbor's economy as it employs about 30,000 workers, including about 12,000 in the medical center. The city's economy is also centered on high technology, with several companies drawn to the area by the university's research and development infrastructure. Ann Arbor was founded in 1824, named for wives of the village'...

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

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