$90,787 / year
Salary Range: $79,640 - $102,880
Baltimore, MD
$96,461 / year
Salary Range: $84,607 - $109,306
Merrimack, NH
$92,749 / year
Salary Range: $81,354 - $105,099
Chicago, IL
$82,274 / year
Salary Range: $72,172 - $93,235
Bonita Springs, FL
$90,417 / year
Salary Range: $79,310 - $102,465
Lakewood, CO
$88,350 / year
Salary Range: $77,496 - $100,112
Phoenix, AZ
$86,177 / year
Salary Range: $75,590 - $97,661
Chesterfield, MO
$101,904 / year
Salary Range: $89,363 - $115,525
Burbank, CA
$94,974 / year
Salary Range: $83,306 - $107,623
Corona, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,200 - $3,200+ | A significant portion of Cal Fed Mortgage salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (Torrance Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $460 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $780+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,650 - $5,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Cal Fed Mortgage pays its employees an average of $99,394 per year. The average salary at Cal Fed Mortgage range from $87,182 to $112,635 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The salary at Cal Fed Mortgage is higher than the similar company. The average annual salary at Cal Fed Mortgage is $99,394, or an hourly wage of $48, in comparison to Legacy Investment Group which pays $90,787 per year or $44 per hour.
A Senior Loan Officer at Cal Fed Mortgage typically earns an average annual base salary of around $85,878, with a general range of $73,969 to $98,514.
In many roles at Cal Fed Mortgage, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Torrance's Cost of Living Index is approximately 159.2 (59.2% more expensive than US average; 13.9% more than CA average). This significantly impacts the purchasing power of a salary from Cal Fed Mortgage based there. Our "Cost of Living Insights for Torrance" module details this impact, helping you assess the 'real feel' value of your compensation.
Cal Fed Mortgage generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Cal Fed Mortgage" section on this page.
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