Private Mortgage Banker Salary in Chicopee, MA

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How much does a Private Mortgage Banker make in Chicopee, MA? The average Private Mortgage Banker salary in Chicopee, MA is $52,285 as of August 27, 2024, but the salary range typically falls between $44,655 and $61,253. 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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Salary range for a Private Mortgage Banker

$44,655 to $61,253

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Private Mortgage Banker

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What does a Private Mortgage Banker do?

Common responsibilities of a Private Mortgage Banker

Adhere to all Federal and State laws and regulations applicable to the firm.

September 14, 2022

Interviews potential applicants to develop information concerning their needs, desires and other information.

February 05, 2023

Obtains and review pertinent financial and credit data.

February 20, 2023

Develop and implement processes that enable a team of private mortgage bankers to deliver expert advice and counsel in order to solve complex liability management needs for high net worth clients and financial advisors.

March 22, 2023

Receive customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in.

March 29, 2023

Demonstrate leadership abilities, organizational skills and proficiency in working in a fast paced, demanding and dynamic environment.

April 16, 2023

Understand real estate appraisals, title reports, and real estate transactions.

April 30, 2023

Manage a team of private mortgage bankers who function as a single point of contact to clients and financial advisors throughout the loan process (end to end) in a Telesales environment.

May 03, 2023

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Private Mortgage Banker Salary By Experience Levels in Chicopee, MA

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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.

Private Mortgage Banker Salary By Level of Education in Chicopee, MA

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LEVEL OF EDUCATION

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Average Salary Range for Private Mortgage Banker in Chicopee, MA

Average Base Salary

Core compensation

44655

61253

52285

Average Total Cash Compensation

Includes base and annual incentives

51097

81916

64224

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 Chicopee, MA. The base salary for Private Mortgage Banker ranges from $44,655 to $61,253 with the average base salary of $52,285. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,097 to $81,916 with the average total cash compensation of $64,224.

View Average Salary for Private Mortgage Banker as table

	Average Salary	Average Salary Range
Base Salary	$52,285	$44,655 - $61,253
Bonus	$11,939	$6,442 - $20,663
Total Pay	$64,224	$51,097 - $81,916

* 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.

Private Mortgage Banker Salary Near Chicopee, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicopee, MA
CITY, STATE Holyoke, MA	AVERAGE SALARY RANGE $44,730 - $61,356	COMPARE TO Chicopee, MA
CITY, STATE Springfield, MA	AVERAGE SALARY RANGE $44,730 - $61,356	COMPARE TO Chicopee, MA
CITY, STATE Westfield, MA	AVERAGE SALARY RANGE $44,730 - $61,356	COMPARE TO Chicopee, MA
CITY, STATE Manchester, CT	AVERAGE SALARY RANGE $46,359 - $63,591	COMPARE TO Chicopee, MA
CITY, STATE East Hartford, CT	AVERAGE SALARY RANGE $46,359 - $63,591	COMPARE TO Chicopee, MA
CITY, STATE Hartford, CT	AVERAGE SALARY RANGE $46,359 - $63,591	COMPARE TO Chicopee, MA

See salaries for Private Mortgage Banker in locations close to Chicopee, MA. 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 Chicopee, Massachusetts

Chicopee is located at 42°10′13″N 72°35′19″W / 42.17028°N 72.58861°W / 42.17028; -72.58861 (42.170159, -72.588630). The city is made up of several neighborhoods; the result of the city's origin as a collection of four villages in the northernmost part of Springfield, which seceded from it in 1848. Chicopee Falls, Chicopee Center (Cabotville), Fairview, and Willimansett continued to develop. In the early 1900s, Aldenville developed as a distinct community. Since then, the city has filled in most of its open space resulting in a number of new neighborhoods. These neighborhoods include Chicom...

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

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JOB TITLE Private Banker	LOCATION Chicopee, MA	MINIMUM SALARY $70,973	MAXIMUM SALARY $97,404
JOB TITLE Private Banker II	LOCATION Chicopee, MA	MINIMUM SALARY $69,956	MAXIMUM SALARY $96,420
JOB TITLE Private Banker III	LOCATION Chicopee, MA	MINIMUM SALARY $93,735	MAXIMUM SALARY $125,144
JOB TITLE Private Banker IV	LOCATION Chicopee, MA	MINIMUM SALARY $123,639	MAXIMUM SALARY $163,596
JOB TITLE Private Banker I	LOCATION Chicopee, MA	MINIMUM SALARY $60,465	MAXIMUM SALARY $104,088
JOB TITLE Mortgage Banker	LOCATION Chicopee, MA	MINIMUM SALARY $120,730	MAXIMUM SALARY $137,856

The Private Mortgage Banker job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicopee, MA that might be a good fit for the type of job and salary you are looking for.

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44655

61253

About Chicopee, Massachusetts Chicopee is located at 42°10′13″N 72°35′19″W / 42.17028°N 72.58861°W / 42.17028; -72.58861 (42.170159, -72.588630). The city is made up of several ....More

Chicopee, Massachusetts area prices were up 1.6% from a year ago

Private Mortgage Banker Salary in popular cities: Boston, Worcester, Springfield

Recently searched related titles: Loan Officer Trainee, Home Equity Specialist, Junior Mortgage Consultant

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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