American Foundations MortgageBanc Salary

How much does the American Foundations MortgageBanc Pay for employees?

As of August 2026, the average annual salary for employees at American Foundations MortgageBanc in the United States is $91,525. This translates to an approximate hourly wage of $44. Salaries at American Foundations MortgageBanc typically range from $79,988 to $104,807 annually, reflecting the diverse roles and experience levels within the company. American Foundations MortgageBanc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at American Foundations MortgageBanc

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Is American Foundations MortgageBanc’s Pay Competitive? Salary Benchmarking Analysis

How does American Foundations MortgageBanc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
American Foundations MortgageBanc
Edu., Gov't. & Nonprofit
Michigan Podiatric Medical Association
lake Cumberland Reg Mhmr Board
Industry Comparison
Our data shows that, on average, compensation at American Foundations MortgageBanc is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared American Foundations MortgageBanc average annual salary with several similar companies. American Foundations MortgageBanc average salary of $91,525 is higher than Michigan Podiatric Medical Association, which has an average salary of $91,377. It is higher than lake Cumberland Reg Mhmr Board, with their average salary at $86,884. This places American Foundations MortgageBanc in a competitive position among its peers.
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Employee Reviews: Working at American Foundations MortgageBanc

Considering a career at American Foundations MortgageBanc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Professional growth is prioritized through meaningful development opportunities. Being part of this organization has been a wonderful journey of learning and growth. Professional learning opportunities are abundant and relevant. Promotions often based on tenure over merit. The work is community-focused, and I feel like I’m contributing to the greater good.
I’ve always appreciated their thoughtful approach to collaboration and public service. This is a stable job with predictable routines. Leadership tends to favor tenure over merit, which can frustrate motivated employees. Leadership is approachable and values diversity and inclusivity. This organization prioritizes employee satisfaction by fostering a respectful and inclusive workplace culture. Job...
Everyone’s ideas are respected, and management truly listens. Advancement depends more on tenure than skills. Benefits, including pension and healthcare, are excellent. Work-life balance is moderate but may depend heavily on role and manager. Communication is steady but could be more transparent.

American Foundations MortgageBanc Overview

Website
www.afmortgagebanc.com
Founded In
1997
Employees
100 - 200 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
611 N Barker Rd Brookfield Wisconsin WI 53045
Revenue
$10 Million - $50 Million
Phone Number
+1 2624394230
Social Media
About American Foundations MortgageBanc
American Foundations MortgageBanc, Inc. is a wholly owned subsidiary of Generations Bancorp, Inc. American Foundations MortgageBanc generates loans through retail, wholesale and Internet origination channels. Generations Bancorp, also the parent of Foundations Bank, acquired the assets of Amerihome Mortgage Company, LLC in 2008 to create American Foundations MortgageBanc, Inc. Nicholas J. DelTorto

What Benefits Does American Foundations MortgageBanc Offer Beyond Salary?

A competitive compensation package is more than just a salary. American Foundations MortgageBanc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at American Foundations MortgageBanc.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from American Foundations MortgageBanc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of American Foundations MortgageBanc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of American Foundations MortgageBanc

1. What is the average salary for employees at American Foundations MortgageBanc?

The average annual total compensation for employees at American Foundations MortgageBanc is approximately $91,525. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,988 to $104,807, depending on factors like job role, experience, and location.

2. How much does American Foundations MortgageBanc pay compared to Michigan Podiatric Medical Association?

The average annual salary at American Foundations MortgageBanc is $91,525, or an hourly wage of $44, in comparison to Michigan Podiatric Medical Association which pays $91,377 per year or $44 per hour.

3. How does having a professional certification impact salary for relevant roles at American Foundations MortgageBanc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at American Foundations MortgageBanc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does American Foundations MortgageBanc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Milwaukee?

While some companies offer formal COLA, many, including potentially American Foundations MortgageBanc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at American Foundations MortgageBanc?

Most companies, likely including American Foundations MortgageBanc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.