eRates Mortgage Salary

eRates Mortgage Salary

How much does the eRates Mortgage Pay for employees?

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As of August 2026, the average annual salary for employees at eRates Mortgage in the United States is $86,557. This translates to an approximate hourly wage of $42. Salaries at eRates Mortgage typically range from $75,920 to $98,076 annually, reflecting the diverse roles and experience levels within the company. eRates Mortgage’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.

How Much Does eRates Mortgage Pay for Different Roles?

Explore detailed salary information for specific jobs at eRates Mortgage. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
How accurate does the salary look to you?

Current Job Openings at eRates Mortgage

Ready for your next career move? Explore current job openings at eRates Mortgage. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is eRates Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does eRates Mortgage’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
180k
150k
120k
90k
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30k
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Average Salary ($/year)
eRates Mortgage
Financial Services
Ormond Mortgage Group
CTA Trading Strategies
Industry Comparison
Our data shows that, on average, compensation at eRates Mortgage is below the average for the U.S. Financial Services industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared eRates Mortgage average annual salary with several similar companies. eRates Mortgage average salary of $86,557 is higher than Ormond Mortgage Group, which has an average salary of $79,595. It is lower than CTA Trading Strategies, with their average salary at $89,637. This places eRates Mortgage in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How eRates Mortgage's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at eRates Mortgage. Click a company name to learn more.

Employee Reviews: Working at eRates Mortgage

Considering a career at eRates Mortgage? 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.
Clear vision from leadership. Team dynamics are overwhelmingly positive. Ethical standards guide daily operations strongly. Working has been an exceptional experience. The company is financially sound with well-defined roles. Workload distribution is carefully monitored. With employees, there’s a wealth of knowledge to learn from, and the company actively promotes internal mobility.
Commented in April 06, 2025
46
0
Buddies provide peer support beyond HR training. It’s an environment where expertise is recognized, and strategic thinking is highly valued. Career growth exists but usually depends on seniority rather than performance. The company ensures steady employment with standard benefits, though the work can be repetitive.
Commented in February 20, 2025
19
2
Most days are predictable, which some may find calming and others uninspiring. Fast-paced environment with occasional high stress. Leadership is present but distant. Our differences are celebrated as strengths that drive innovation. The work environment is collaborative, with strong support from management and peers.
Commented in March 19, 2024
45
1

eRates Mortgage Overview

Website
www.eratesmortgage.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
6230 Fairview Rd Charlotte North Carolina NC 28210
Revenue
<$5 Million
Phone Number
+1 8556937283
Social Media
About eRates Mortgage
eRates Mortgage was founded in Charlotte, North Carolina in August of 1991. Since then we have gained a reputation for our superior rates and have grown our footprint to 32 states. eRates Mortgage is now one of the fastest-growing, direct-to-consumer mortgage lenders in the country. We specialize in Conventional, FHA, & VA loans. Over the past 20 years we have helped thousands of consumers with th

What Benefits Does eRates Mortgage Offer Beyond Salary?

A competitive compensation package is more than just a salary. eRates Mortgage 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 Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at eRates Mortgage.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from eRates Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of eRates Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of eRates Mortgage

1. What is the estimated average total compensation at eRates Mortgage?

Salary.com estimates that the average total compensation package at eRates Mortgage, which can include base salary, potential bonuses, and benefits, is around $86,557 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does eRates Mortgage pay compared to Ormond Mortgage Group?

The average annual salary at eRates Mortgage is $86,557, or an hourly wage of $42, in comparison to Ormond Mortgage Group which pays $79,595 per year or $38 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at eRates Mortgage?

Salary progression from an entry-level to a senior role at eRates Mortgage can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from eRates Mortgage in Charlotte is fair given the local cost of living?

To determine if a salary offer from eRates Mortgage in Charlotte is fair, first compare the gross salary to our data for similar roles at eRates Mortgage and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Charlotte" to understand its purchasing power.

5. Are promotions at eRates Mortgage usually accompanied by a significant salary increase?

Yes, promotions at eRates Mortgage are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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