How much does a Residential Mortgage Loan Originator make? The average Residential Mortgage Loan Originator salary is $50,543 as of April 26, 2022, but the salary range typically falls between $43,986 and $59,349. 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 Residential Mortgage Loan Originator
Summit Community Bank - Leesburg , VA
Mortgage Loan Originator Classification: Non-Exempt Department: SCB 60-Various locations Reports to ... Experience requirements: Minimum of two year residential mortgage lending experience. Job ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 14 days ago
Nations Lending Corporation - Glen Allen , VA
Employee will be procuring and originating consumer-based residential mortgage loans. Employee will solicit, receive, and originate applications for the extension of credit to purchase and refinance ...
Upward.net - 45 days ago
Dragas Companies - Virginia Beach , VA
... residential mortgage processing and closing experience required Knowledge, Skills and Requirements * Knowledge of mortgage industry regulations from origination to post-closing * Knowledge of loan ...
LinkedIn - 41 days ago
Intercoastal Mortgage - Roanoke , VA
... residential mortgage lending. Employee will devote at least fifty-one percent (51%) or more of ... Work closely with originating loan officer(s) and loan processors to verify applications for ...
ZipRecruiter - 83 days ago
Atlantic Coast Mortgage LLC - Fairfax , VA
This position involves supporting a team in the loan origination process as well as performing ... Residential Mortgage Licensing is a pre or post-employment requirement for the position. ACM will ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 44 days ago
McLean Mortgage Corporation - Manassas , VA
... and promoting qualifying residential mortgage loans in accordance with MMC's policies and ... loan originator. * Employee shall devote Employee's full time, ability, and attention to MMC ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 42 days ago

Residential Mortgage Loan Originator Salary in Major Cities

This chart shows the salary comparison for Residential Mortgage Loan Originator between major cities. San Francisco City consistently ranks #1 as of April 26, 2022. Click on the chart to see the detail salary data for Residential Mortgage Loan Originator in each city.
Click to see the salary for Residential Mortgage Loan Originator in these major U.S. cities.
City Name Average Salary
San Francisco, CA $63,178
Washington, DC $56,264
Miami, FL $49,204
Chicago, IL $53,620
Boston, MA $56,946
New York, NY $60,803
Dallas, TX $50,214
If you'd like know Residential Mortgage Loan Originator Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
43986
59349
50543

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44308
59909
51275
What is the average salary for Residential Mortgage Loan Originator in 2022?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Residential Mortgage Loan Originator in the United States. The base salary for Residential Mortgage Loan Originator ranges from $43,986 to $59,349 with the average base salary of $50,543. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,308 to $59,909 with the average total cash compensation of $51,275.
Average Salary Average Salary Range
Base Salary $50,543 $43,986 - $59,349
Bonus $732 $322 - $560
Total Pay $51,275 $44,308 - $59,909
* 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 Residential Mortgage Loan Originator, 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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43986
59349

 

What's the difference between Mortgage Loan Originator and Residential Mortgage Loan Originator?
According to our latest salary estimation on April 26, 2022. The average salary of Residential Mortgage Loan Originator is $50,543, and the average salary of Mortgage Loan Originator is $81,438. The average salary of Mortgage Loan Originator is higher than Residential Mortgage Loan Originator. ( 2022-04-26 salary.com )
I am a Residential Mortgage Loan Originator, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Residential Mortgage Loan Originator. a Residential Mortgage Loan Originator Salary in Arlington, MA is $56,946 as of April 26, 2022; a Residential Mortgage Loan Originator Salary in San Bernardino, CA is $53,845 as of April 26, 2022. ( 2022-04-26 salary.com )
Why does the salary of a Residential Mortgage Loan Originator 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. ( 2022-04-26 salary.com )
What are the Pay Factors for Residential Mortgage Loan Originator?
Salary ranges for a Residential Mortgage Loan Originator 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 ( 2022-04-26 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. ( 2022-04-26 salary.com )

Last Update: April 26, 2022