Low Rate Mortgage Salary

Low Rate Mortgage Salary

How much does the Low Rate Mortgage Pay for employees?

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As of August 2026, the average annual salary for employees at Low Rate Mortgage in the United States is $84,110. This translates to an approximate hourly wage of $40. Salaries at Low Rate Mortgage typically range from $73,776 to $95,308 annually, reflecting the diverse roles and experience levels within the company. Low Rate 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 Low Rate Mortgage Pay for Different Roles?

Explore detailed salary information for specific jobs at Low Rate 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 Low Rate Mortgage

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

Is Low Rate Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Low Rate 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
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150k
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Average Salary ($/year)
Low Rate Mortgage
Financial Services
First National Financing Inc
Hope Credit LLC
Industry Comparison
Our data shows that, on average, compensation at Low Rate Mortgage is below the average for the U.S. Financial Services industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Low Rate Mortgage average annual salary with several similar companies. Low Rate Mortgage average salary of $84,110 is lower than First National Financing Inc, which has an average salary of $88,614. It is lower than Hope Credit LLC, with their average salary at $90,671. This places Low Rate Mortgage in a developing position among its peers.
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How Low Rate Mortgage's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Low Rate Mortgage

Considering a career at Low Rate 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.
Client service standards are high yet achievable. Working with skilled peers elevates everyone's performance. Ramp-up periods are realistic. Leadership is present but doesn’t engage often with junior staff. It’s a reliable place but can suit fast-paced professionals.
Commented in March 28, 2025
11
3
Employees are empowered to learn, lead, and grow. Trust is given by default. I’ve had access to great training programs and mentorship. It’s inspiring to work alongside such talented individuals. Encouraged to contribute new ideas. Managers regularly check in about capacity and redistribute work when needed. Processes are smooth and well-documented. Respectful colleagues create a friendly atmosphe...
Commented in March 15, 2025
20
0
Career growth opportunities exist but progress is gradual. Systems are efficient, and teams collaborate cross-functionally. The culture here supports ambitious professionals who value integrity and results.
Commented in February 26, 2025
23
3

Low Rate Mortgage Overview

Website
www.lowratemortgagegroup.com
Founded In
2011
Employees
<25 employees
Industry
Financial Services
Headquarter Address
11845 S 700 E Draper Utah UT 84020
Revenue
<$5 Million
Phone Number
+1 8014499377
Social Media
About Low Rate Mortgage
Our Motivated Financing Advisors Work for YOU. No Salaried Fat Cat Loan Officers Here. Competitors have salaried loan officers or junior processors who get paid whether your loan closes tomorrow or next month. Our Financing Advisors work for YOU they are paid when your loan is closed and you are happy. Period. And remember, were Low Rate Mortgage. Youll still get the lowest rate and competitive cl

What Benefits Does Low Rate Mortgage Offer Beyond Salary?

A competitive compensation package is more than just a salary. Low Rate 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 Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at Low Rate Mortgage.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from Low Rate 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 Low Rate Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Low Rate Mortgage

1. What is the average salary for employees at Low Rate Mortgage?

The average annual total compensation for employees at Low Rate Mortgage is approximately $84,110. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,776 to $95,308, depending on factors like job role, experience, and location.

2. How much does Low Rate Mortgage pay compared to First National Financing Inc?

The average annual salary at Low Rate Mortgage is $84,110, or an hourly wage of $40, in comparison to First National Financing Inc which pays $88,614 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Low Rate Mortgage?

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 Low Rate Mortgage for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Low Rate Mortgage offer cost-of-living adjustments (COLA) for employees in high-cost areas like Salt Lake City?

While some companies offer formal COLA, many, including potentially Low Rate Mortgage, 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 Low Rate Mortgage?

Most companies, likely including Low Rate Mortgage, 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.

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