How much does a Private Mortgage Banker make? The average Private Mortgage Banker salary is $67,388 as of October 28, 2020, but the salary range typically falls between $61,478 and $75,162. 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. 

Search Private Mortgage Banker Jobs

Job Openings for Private Mortgage Banker
NRL Federal Credit Union - Alexandria , VA
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy ... other private investor guidelines is required. Education/Certifications/Licenses - High School ...
ZipRecruiter - 11 days ago
Partnering with Specialists (Private Client Advisors, Mortgage Bankers and Business Relationship Managers), to connect customers to experts who can help them with specialized financial needs * Making ...
Upward.net - Today
Pacific Residential Mortgage, LLC - Arlington , VA
Our operating culture supports a private mortgage banking experience to all of your borrowers, which results in better referral partners and repeat business opportunities. Overview Pacific ...
ZipRecruiter - 67 days ago
ALCOVA Mortgage - Roanoke , VA
Company Description ALCOVA Mortgage, LLC is an independent, privately owned Mortgage Banker offering home loans in 14 states: Alabama, District of Columbia, Florida, Georgia, Maryland, North Carolina ...
ZipRecruiter - 74 days ago
ALCOVA Mortgage - Virginia Beach , VA
Assure that loan files meet banking and regulatory guidelines and policies * Document the loan ... In 2012, ALCOVA Mortgage made its debut on the Inc. 5000 list of fastest-growing private companies ...
ZipRecruiter - 33 days ago
PNC Financial Services Group - Chantilly , VA
As a(n) Loan Officer within PNC's Mortgage organization, you will be based in Greater Fairfax ... Selling. - Applies knowledge of banking products and services to meet customer needs and enable ...
PNC - 89 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 October 28, 2020. 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 $84,236
Washington, DC $75,017
Miami, FL $65,603
Chicago, IL $71,492
Boston, MA $75,927
New York, NY $81,068
Dallas, TX $66,950
If you'd like know Private Mortgage Banker Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
61478
75162
67388

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
62980
78200
69312
What is the average salary for Private Mortgage Banker in 2020?
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 $61,478 to $75,162 with the average base salary of $67,388. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,980 to $78,200 with the average total cash compensation of $69,312.
Average Salary Average Salary Range
Base Salary $67,388 $61,478 - $75,162
Bonus $1,923 $1,502 - $3,037
Total Pay $69,312 $62,980 - $78,200
* 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
Select Relevant job experience
Select person you report to
Select Level of education
Select number of people you manager
Your target salary is ?
61478
75162

 

What's the difference between Private Banker II and Private Mortgage Banker?
According to our latest salary estimation on October 28, 2020. The average salary of Private Mortgage Banker is $67,388, and the average salary of Private Banker II is $93,435. The average salary of Private Banker II is higher than Private Mortgage Banker. ( 2020-10-28 salary.com )
I am a Private Mortgage Banker, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Private Mortgage Banker. a Private Mortgage Banker Salary in New Britain, CT is $72,780 as of October 28, 2020; a Private Mortgage Banker Salary in Barnstable, MA is $71,062 as of October 28, 2020. ( 2020-10-28 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. ( 2020-10-28 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 ( 2020-10-28 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. ( 2020-10-28 salary.com )

Last Update: October 28, 2020