Residential Mortgage Loan Originator Salary in New York, New York

How much does a Residential Mortgage Loan Originator make in New York, NY?

As of February 01, 2025, the average annual salary for a Residential Mortgage Loan Originator in New York, NY is $79,705. Salary.com reports that pay typically ranges from $68,831 to $93,341, with most professionals earning between $58,931 and $105,756.

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Salary range for a Residential Mortgage Loan Originator

$68,831 to $93,341

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Residential Mortgage Loan Originator

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What does a Residential Mortgage Loan Originator do?

Common responsibilities of a Residential Mortgage Loan Originator

Completes, passes and maintains an up to date status for all positional and company required compliance and regulatory courses by assigned due date(s).

November 27, 2022

Communicates loan decisions to internal lenders, coordinators and/or processors.

December 14, 2022

Assists with re-negotiations of loans based on lending guidelines.

December 23, 2022

Provides complete loan applications to Orion FCU mortgage lending center and partners.

February 26, 2023

Participates in special projects and assignments and performs other duties as assigned.

March 01, 2023

Documents the reasons for approval or denial of the loan in the loan file.

March 23, 2023

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Residential Mortgage Loan Originator Salary By Experience Levels in New York, NY

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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.

Residential Mortgage Loan Originator Salary By Level of Education in New York, NY

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LEVEL OF EDUCATION

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Average Salary Range for Residential Mortgage Loan Originator in New York, NY

Average Base Salary

Core compensation

68831

93341

79705

Average Total Cash Compensation

Includes base and annual incentives

79990

112138

94127

What is the average salary for Residential Mortgage Loan Originator in 2025?

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 New York, NY. The base salary for Residential Mortgage Loan Originator ranges from $68,831 to $93,341 with the average base salary of $79,705. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $79,990 to $112,138 with the average total cash compensation of $94,127.

View Average Salary for Residential Mortgage Loan Originator as table

	Average Salary	Average Salary Range
Base Salary	$79,705	$68,831 - $93,341
Bonus	$14,422	$11,159 - $18,797
Total Pay	$94,127	$79,990 - $112,138

* 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.

Residential Mortgage Loan Originator Salary Near New York, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO New York, NY
CITY, STATE West New York, NJ	AVERAGE SALARY RANGE $69,243 - $93,900	COMPARE TO New York, NY
CITY, STATE Hoboken, NJ	AVERAGE SALARY RANGE $69,243 - $93,900	COMPARE TO New York, NY
CITY, STATE Union City, NJ	AVERAGE SALARY RANGE $69,243 - $93,900	COMPARE TO New York, NY
CITY, STATE Jersey City, NJ	AVERAGE SALARY RANGE $69,243 - $93,900	COMPARE TO New York, NY
CITY, STATE Bronx, NY	AVERAGE SALARY RANGE $69,243 - $93,900	COMPARE TO New York, NY
CITY, STATE Brooklyn, NY	AVERAGE SALARY RANGE $69,243 - $93,900	COMPARE TO New York, NY

See salaries for Residential Mortgage Loan Originator in locations close to New York, NY. 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 New York, New York

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...

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

View Salary for Similar Jobs to Residential Mortgage Loan Originator in New York, NY

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Mortgage Loan Originator	LOCATION New York, NY	MINIMUM SALARY $50,906	MAXIMUM SALARY $68,920
JOB TITLE Senior Mortgage Loan Originator	LOCATION New York, NY	MINIMUM SALARY $42,953	MAXIMUM SALARY $58,267
JOB TITLE Mortgage Loan Originator Assistant	LOCATION New York, NY	MINIMUM SALARY $64,624	MAXIMUM SALARY $88,528
JOB TITLE External Mortgage Loan Originator	LOCATION New York, NY	MINIMUM SALARY $42,953	MAXIMUM SALARY $58,267
JOB TITLE Residential Mortgage Loan Officer	LOCATION New York, NY	MINIMUM SALARY $42,953	MAXIMUM SALARY $58,267
JOB TITLE Mortgage Originator	LOCATION New York, NY	MINIMUM SALARY $68,831	MAXIMUM SALARY $93,341

The Residential Mortgage Loan Originator 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 New York, NY that might be a good fit for the type of job and salary you are looking for.

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