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Sodak Home Loans Salary

Sodak Home Loans Salary

How much does the Sodak Home Loans Pay for employees?

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As of October 2026, the average annual salary for employees at Sodak Home Loans in the United States is $80,629. This translates to an approximate hourly wage of $39. Salaries at Sodak Home Loans typically range from $70,724 to $91,369 annually, reflecting the diverse roles and experience levels within the company. Sodak Home Loans’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 Sodak Home Loans Pay for Different Roles?

Explore detailed salary information for specific jobs at Sodak Home Loans. 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 Sodak Home Loans

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

Is Sodak Home Loans’s Pay Competitive? Salary Benchmarking Analysis

How does Sodak Home Loans’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)
Sodak Home Loans
Financial Services
Colonial Loan Association Inc
Oasis Senior Advisors
Industry Comparison
Our data shows that, on average, compensation at Sodak Home Loans is below the average for the U.S. Financial Services industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Sodak Home Loans average annual salary with several similar companies. Sodak Home Loans average salary of $80,629 is higher than Colonial Loan Association Inc, which has an average salary of $79,848. It is lower than Oasis Senior Advisors, with their average salary at $87,717. This places Sodak Home Loans in a mid-range position among its peers.
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How Sodak Home Loans's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sodak Home Loans

Considering a career at Sodak Home Loans? 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.
While that suits the industry, it sometimes limits experimentation. If you're driven and eager to expand your expertise in the financial sector, this firm offers an unparalleled platform for progression and specialization. Inclusive culture valuing diversity and employee wellbeing. This flexibility has improved my productivity and work-life harmony. It's reassuring to work for a financial institut...
Commented in April 18, 2025
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It’s a stable, future-forward company with a strong industry presence. Professional membership fees are covered. Internal communication is okay, but feedback is rarely implemented. Board leadership inspires confidence. It’s not a bad setup, just not particularly collaborative or engaging. Problem-solving approaches are collaborative.
Commented in April 10, 2025
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Time limits are enforced. Vacation requests are rarely denied. The daily challenges of navigating dynamic markets, analyzing complex financial data, and developing innovative solutions keep me constantly engaged. Cross-department collaboration is common, fostering a team-oriented environment. I’ve received valuable mentoring, and career conversations happen regularly.
Commented in February 05, 2024
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Sodak Home Loans Overview

Website
www.sodakhomeloans.com
Founded In
2019
Employees
<25 employees
Industry
Financial Services
Headquarter Address
4930 S Western Ave Sioux Falls South Dakota SD 57108
Revenue
<$5 Million
Phone Number
+1 6053215615
Social Media
About Sodak Home Loans
Sodak Home Loans is a company that operates in the Financial Services industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Sioux Falls, South Dakota.

What Benefits Does Sodak Home Loans Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sodak Home Loans 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 Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at Sodak Home Loans.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from Sodak Home Loans, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Sodak Home Loans salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sodak Home Loans

1. How much does Sodak Home Loans in the United States pay?

Sodak Home Loans pays its employees an average of $80,629 per year. The average salary at Sodak Home Loans range from $70,724 to $91,369 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.

2. Do Sodak Home Loans employees get a higher salary than its peer company?

The salary at Sodak Home Loans is higher than its peer company. The average annual salary at Sodak Home Loans is $80,629, or an hourly wage of $39, in comparison to Colonial Loan Association Inc which pays $79,848 per year or $38 per hour.

3. What are the highest paying jobs at Sodak Home Loans?

The higher-paying job at Sodak Home Loans, according to our data, include Mortgage Broker (avg. $48,247 per year), Closing Assistant (avg. $39,382 per year), and Loan Associate (avg. $31,169 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Sodak Home Loans?

Salary progression with years of experience at Sodak Home Loans is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Sodak Home Loans vary by office location?

Yes, it's very likely that salaries at Sodak Home Loans vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Sioux Falls section provides more context.

6. Does Sodak Home Loans offer good benefits?

Sodak Home Loans typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Sodak Home Loans" section on this page.

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