Mortgage Magic Inc Salary

How much does the Mortgage Magic Inc Pay for employees?

As of September 2026, the average annual salary for employees at Mortgage Magic Inc in the United States is $113,591. This translates to an approximate hourly wage of $55. Salaries at Mortgage Magic Inc typically range from $99,626 to $128,707 annually, reflecting the diverse roles and experience levels within the company. Mortgage Magic Inc’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 Mortgage Magic Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Mortgage Magic Inc. 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.
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Current Job Openings at Mortgage Magic Inc

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

Is Mortgage Magic Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Mortgage Magic Inc’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)
Mortgage Magic Inc
Financial Services
Rather & Kittrell Inc
Commercial and Residential Real Estate
Industry Comparison
Our data shows that, on average, compensation at Mortgage Magic Inc is below the average for the U.S. Financial Services industry by approximately 7%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Mortgage Magic Inc average annual salary with several similar companies. Mortgage Magic Inc average salary of $113,591 is higher than Rather & Kittrell Inc, which has an average salary of $83,076. It is higher than Commercial and Residential Real Estate, with their average salary at $84,743. This places Mortgage Magic Inc in a competitive position among its peers.
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Employee Reviews: Working at Mortgage Magic Inc

Considering a career at Mortgage Magic Inc? 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.
Benefits like mental health resources and fitness reimbursements further enhance the experience. Annual reviews include market benchmarking. Well-structured workflows ensure efficient project completion. Work tends to be routine, with limited opportunities for creativity or rapid advancement. Inclusive and respectful workplace.
Communication is formal, with limited opportunities for employee feedback to influence change. There's a strong emphasis on delivering quality service to our clients, and this shared commitment brings a sense of pride to our work. The company provides excellent resources and mentorship for career development.
It’s a great environment for career-minded professionals. Joining this financial services company was a career-defining move. The company invests in its people for the long term. Colleagues are competent and professional. However, some systems feel archaic, and the company can be resistant to process improvements suggested by employees.

Mortgage Magic Inc Overview

Website
www.mortgagemagic.com
Founded In
1990
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1625 The Alameda San Jose California CA 95126
Revenue
$5 Million - $10 Million
Phone Number
+1 4089752400
Social Media
About Mortgage Magic Inc
Mortgage Magic specializes in the larger loans. Our largest residential loan was $8,500,000. Our agents are comfortable with the large loans and the complex tax returns that normally accompany these loans. We work easily with your CPA or Financial Planner to make sure that the loan works with your overall financial goals.

What Benefits Does Mortgage Magic Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mortgage Magic Inc 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 San Jose?

Understanding the cost of living near San Jose is key to truly evaluating a salary offer or your current compensation at Mortgage Magic Inc.
San Jose's Cost of Living Index is approximately 214.5 (114.5% more expensive than US average; 53.4% more than CA average). Heart of Silicon Valley, astronomical housing costs, high transportation, and high prices for almost everything. When planning your budget based on a salary from Mortgage Magic Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Mortgage Magic Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,100+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,510 - $7,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mortgage Magic Inc

1. What is the average salary for employees at Mortgage Magic Inc?

The average annual total compensation for employees at Mortgage Magic Inc is approximately $113,591. However, this is an aggregate figure, actual salaries can range significantly, typically from $99,626 to $128,707, depending on factors like job role, experience, and location.

2. How much does Mortgage Magic Inc pay compared to Rather & Kittrell Inc?

The average annual salary at Mortgage Magic Inc is $113,591, or an hourly wage of $55, in comparison to Rather & Kittrell Inc which pays $83,076 per year or $40 per hour.

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

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

4. Does Mortgage Magic Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like San Jose?

While some companies offer formal COLA, many, including potentially Mortgage Magic Inc, 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 Mortgage Magic Inc?

Most companies, likely including Mortgage Magic Inc, 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.