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As of August 01, 2026, the average salary for a Mortgage Originator in Massachusetts is $70,140 per year, which breaks down to an hourly rate of $34.
However, a Mortgage Originator's salary can vary significantly. Here’s a look at the typical salary range:
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Mortgage Originator Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $74,862 | $6,239 | $1,440 | $36 |
| Average | $70,140 | $5,845 | $1,349 | $34 |
| 25th Percentile | $64,674 | $5,389 | $1,244 | $31 |
M&T Bank - Boston, MA
North Easton Savings Bank - Plymouth, MA
North Easton Savings Bank - Brockton, MA
North Easton Savings Bank - Brockton, MA
A Mortgage Originator'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Mortgage Originator'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 Originator | $55,578 |
| Mortgage ... Level Mortgage Originator | $69,793 |
| Mortgage ... Level Mortgage Originator | $101,771 |
| Mortgage ... Level Mortgage Originator | $104,555 |
| Mortgage ... Level Mortgage Originator | $128,068 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Mortgage Originators. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Mortgage Originator roles, the industry you choose can affect earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 10% above the average. In contrast, Mortgage Originator positions in Business Services or Insurance typically offer lower base pay, as these industries often view Mortgage Originator as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $77,154 | $37.0 | 10% |
| Edu., Gov't. & Nonprofit | $73,647 | $35.0 | 5% |
Understanding how a Mortgage Originator'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 | $74,862 | $6,239 | $1,440 | $36 |
| Average | $70,140 | $5,845 | $1,349 | $34 |
| 25th Percentile | $64,674 | $5,389 | $1,244 | $31 |
Ready to take the next step in your career? Browse thousands of current Mortgage Originator job openings on our job board. Use the search bar below to find your perfect match.
North Easton Savings Bank
Plymouth, MA
North Easton Savings Bank | Plymouth, MA
Description: Position Summary The Mortgage Loan Officer is responsible for originating residential mortgage and home equity lending products within the Ban... more
2 Days Ago
The Washington Trust Company
Wellesley, MA
The Washington Trust Company | Wellesley, MA
Mortgage Loan Originator Opportunity. Washington Trust is seeking experienced Mortgage Loan Originators to join our dynamic lending team in Wellesley, MA. ... more
3 Days Ago
Pinnacle Mortgage Corp.
Boston, MA
Pinnacle Mortgage Corp. | Boston, MA
Pinnacle Mortgage Opportunity. Pinnacle Mortgage is a growth-focused mortgage broker with a platform built to support high-performing loan officers who wan... more
6 Days Ago
Southwest CARE Center
SANTA FE, NM
Southwest CARE Center | SANTA FE, NM
Southwest Care Center employees can answer yes to these 3 questions. 1. Do you want to make a difference. 2. Do you believe everyone is entitled to quality... more
14 Days Ago
Community Healthcare Partners
GRAND ISLAND, NE
Community Healthcare Partners | GRAND ISLAND, NE
Community Healthcare Partners – Now Hiring Full-Time APRN/NPWound Care Credentialed — or We’ll Pay for Your Certification. _*Our Mission*_. At Community He... more
18 Days Ago
Idaho Urologic Institute
MERIDIAN, ID
Idaho Urologic Institute | MERIDIAN, ID
This is the ideal opportunity for a radiation therapist currently employed elsewhere to pick up additional work. Or, perhaps you simply desire to work few ... more
2 Months Ago
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