Private Mortgage Banker Salary in Frederick, MD

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How much does a Private Mortgage Banker make in Frederick, MD? The average Private Mortgage Banker salary in Frederick, MD is $53,839 as of August 27, 2024, but the salary range typically falls between $45,982 and $63,074. 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

$45,982 to $63,074

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Private Mortgage Banker

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Job Openings for Private Mortgage Banker in Frederick, MD

Portfolio Manager, Commercial Real Estate Debt

PIMCO - New York , NY

Source and lead relationship with market participants, including sponsors and mortgage brokers ... investment banking or private equity experience. Asset-level underwriting experience required

Dice.com - 72 days ago

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 Frederick, MD

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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 Frederick, MD

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LEVEL OF EDUCATION

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Average Salary Range for Private Mortgage Banker in Frederick, MD

Average Base Salary

Core compensation

45982

63074

53839

Average Total Cash Compensation

Includes base and annual incentives

52616

84351

66133

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 Frederick, MD. The base salary for Private Mortgage Banker ranges from $45,982 to $63,074 with the average base salary of $53,839. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,616 to $84,351 with the average total cash compensation of $66,133.

View Average Salary for Private Mortgage Banker as table

	Average Salary	Average Salary Range
Base Salary	$53,839	$45,982 - $63,074
Bonus	$12,294	$6,634 - $21,277
Total Pay	$66,133	$52,616 - $84,351

* 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 Frederick, MD

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Frederick, MD
CITY, STATE Germantown, MD	AVERAGE SALARY RANGE $46,259 - $63,453	COMPARE TO Frederick, MD
CITY, STATE Gaithersburg, MD	AVERAGE SALARY RANGE $47,532 - $65,200	COMPARE TO Frederick, MD
CITY, STATE Rockville, MD	AVERAGE SALARY RANGE $47,603 - $65,297	COMPARE TO Frederick, MD
CITY, STATE Potomac, MD	AVERAGE SALARY RANGE $47,632 - $65,337	COMPARE TO Frederick, MD
CITY, STATE Silver Spring, MD	AVERAGE SALARY RANGE $47,660 - $65,376	COMPARE TO Frederick, MD
CITY, STATE Bethesda, MD	AVERAGE SALARY RANGE $47,660 - $65,376	COMPARE TO Frederick, MD

See salaries for Private Mortgage Banker in locations close to Frederick, MD. 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 Frederick, Maryland

Frederick is located in Frederick County in the northern part of the state of Maryland. The city has served as a major crossroads since colonial times. Today it is located at the junction of Interstate 70, Interstate 270, U.S. Route 340, U.S. Route 40, U.S. Route 40 Alternate and U.S. Route 15 (which runs north–south). In relation to nearby cities, Frederick lies 46 miles (74 km) west of Baltimore, 49 miles (79 km) north and slightly west of Washington, D.C., 24 miles (39 km) southeast of Hagerstown, Maryland, and 71 miles (114 km) southwest of Harrisburg, Pennsylvania. The city's coordinates ...

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

View Salary for Similar Jobs to Private Mortgage Banker in Frederick, MD

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Private Banker	LOCATION Frederick, MD	MINIMUM SALARY $73,083	MAXIMUM SALARY $100,299
JOB TITLE Private Banker II	LOCATION Frederick, MD	MINIMUM SALARY $72,035	MAXIMUM SALARY $99,286
JOB TITLE Private Banker III	LOCATION Frederick, MD	MINIMUM SALARY $96,521	MAXIMUM SALARY $128,863
JOB TITLE Private Banker IV	LOCATION Frederick, MD	MINIMUM SALARY $127,314	MAXIMUM SALARY $168,458
JOB TITLE Private Banker I	LOCATION Frederick, MD	MINIMUM SALARY $62,262	MAXIMUM SALARY $107,182
JOB TITLE Mortgage Banker	LOCATION Frederick, MD	MINIMUM SALARY $124,318	MAXIMUM SALARY $141,953

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 Frederick, MD that might be a good fit for the type of job and salary you are looking for.

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45982

63074

About Frederick, Maryland Frederick is located in Frederick County in the northern part of the state of Maryland. The city has served as a major crossroads since colonial times....More

Frederick, Maryland area prices were up 1.3% from a year ago

Private Mortgage Banker Salary in popular cities: Baltimore, Columbia, Germantown

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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