How much does a Private Mortgage Banker make? The average Private Mortgage Banker salary is $49,550 as of February 26, 2024, but the salary range typically falls between $42,319 and $58,054. 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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Job Openings for Private Mortgage Banker
The Federal Savings Bank - New York , NY
The Federal Savings Bank is a veteran-owned, federally chartered private bank with loan production ... Only experienced Mortgage Bankers will be contacted. What We Offer: * Federally Chartered Bank ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 33 days ago
MidWestOne Bank - Denver , CO
At MidwestOne Bank we view our Private Bankers as the primary member of our Wealth team ... This position requires National Mortgage Licensing System (NMLS) registration under the terms of ...
LinkedIn - 15 days ago
Seattle Bank - Seattle , WA
Reverse mortgage origination &/or servicing experience * Training in finance / mortgage banking ... Seattle Bank is a wholly owned subsidiary of Seattle Bancshares, Inc., a privately held bank ...
ZipRecruiter - 34 days ago
CrossCountry Mortgage, LLC. - Dallas , TX
We have been recognized nine times on the Inc. 5000 list of America's fastest-growing private ... One year of mortgage or banking industry experience * NMLS License Required under the terms of the ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 19 days ago
NuMark Credit Union - Crest Hill , IL
We have partnered with non-profits like the Northern Illinois Food Bank, Toys for Tots, The Bridge ... Manages the sale, delivery, and servicing of mortgage loans to private investors and government ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 60 days ago
PCBs identify products and services to meet client needs and refer to appropriate sales professionals in Retail, Key Investment Services, Private Bank, Mortgage or Business Banking. At KeyBank, we ...
Diversity Inc. - 6 days ago

Private Mortgage Banker Salary in Major Cities

This chart shows the salary comparison for Private Mortgage Banker between major cities. San Francisco City consistently ranks #1 as of February 26, 2024. Click on the chart to see the detail salary data for Private Mortgage Banker in each city.
Click to see the salary for Private Mortgage Banker in these major U.S. cities.
City Name Average Salary
San Francisco, CA $61,938
Washington, DC $55,159
Miami, FL $48,089
Chicago, IL $52,271
Boston, MA $55,828
New York, NY $58,222
Dallas, TX $49,228
If you'd like know Private Mortgage Banker Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
42319
58054
49550

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48430
77662
60880
What is the average salary for Private Mortgage Banker in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Private Mortgage Banker in the United States. The base salary for Private Mortgage Banker ranges from $42,319 to $58,054 with the average base salary of $49,550. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,430 to $77,662 with the average total cash compensation of $60,880.
Average Salary Average Salary Range
Base Salary $49,550 $42,319 - $58,054
Bonus $11,330 $6,110 - $19,608
Total Pay $60,880 $48,430 - $77,662
* 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.
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Private Mortgage Banker, 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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42319
58054

 

What's the difference between Private Banker and Private Mortgage Banker?
According to our latest salary estimation on February 26, 2024. The average salary of Private Mortgage Banker is $49,550, and the average salary of Private Banker is $79,536. The average salary of Private Banker is higher than Private Mortgage Banker. ( 2024-02-26 salary.com )
I am a Private Mortgage Banker, which location’s salary is higher, Meridian, MS or Bergenfield, NJ?
Bergenfield, NJ typically sees higher pay than Meridian, MS for Private Mortgage Banker. a Private Mortgage Banker Salary in Bergenfield, NJ is $57,082 as of February 26, 2024; a Private Mortgage Banker Salary in Meridian, MS is $43,921 as of February 26, 2024. ( 2024-02-26 salary.com )
Why does the salary of a Private Mortgage Banker 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. ( 2024-02-26 salary.com )
What are the Pay Factors for Private Mortgage Banker?
Salary ranges for a Private Mortgage Banker 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 ( 2024-02-26 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. ( 2024-02-26 salary.com )

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Last Update: February 26, 2024