Source 1 Mortgage Salary

Source 1 Mortgage Salary

How much does the Source 1 Mortgage Pay for employees?

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As of August 2026, the average monthly salary for employees at Source 1 Mortgage in the United States is $7,318. This translates to an approximate annual wage of $87,812. Salaries at Source 1 Mortgage typically range from $6,419 to $8,292 monthly, reflecting the diverse roles and experience levels within the company. Source 1 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 Source 1 Mortgage Pay for Different Roles?

Explore detailed salary information for specific jobs at Source 1 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 Source 1 Mortgage

Ready for your next career move? Explore current job openings at Source 1 Mortgage. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Source 1 Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does Source 1 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
60k
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Average Salary ($/year)
Source 1 Mortgage
Financial Services
Salt City Home Loans LLC
Estate & Trust Advisors
Industry Comparison
Our data shows that, on average, compensation at Source 1 Mortgage is below the average for the U.S. Financial Services industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Source 1 Mortgage average annual salary with several similar companies. Source 1 Mortgage average salary of $87,812 is higher than Salt City Home Loans LLC, which has an average salary of $83,719. It is lower than Estate & Trust Advisors, with their average salary at $94,183. This places Source 1 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 Source 1 Mortgage's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Source 1 Mortgage. Click a company name to learn more.

Employee Reviews: Working at Source 1 Mortgage

Considering a career at Source 1 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.
Third-party tools are carefully vetted. The financial services we provide are innovative and client-focused. I’ve felt trusted since day one. Fast-paced environment with rewarding outcomes. The workload is steady but may lack variety. Management is polite but often distant from frontline employees.
Commented in April 10, 2025
9
3
Managers lead by strong example. Structure is the company’s strong suit. The company is structured and compliant but occasionally rigid. Employees have access to ongoing training and career development opportunities.
Commented in March 31, 2025
33
2
I felt fully supported from day one. Teamwork drives strong performance. Overall, this organization offers a fulfilling career path in financial services with opportunities to grow and develop professionally. The focus on understanding and meeting client needs is paramount, fostering long-term relationships built on reliability. Training programs are available but lack consistency across departmen...
Commented in December 16, 2024
10
3

Source 1 Mortgage Overview

Website
www.s1mtg.com
Founded In
2003
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1430 Dekalb Ave Sycamore Illinois IL 60178
Revenue
<$5 Million
Phone Number
+1 8158995626
Social Media
About Source 1 Mortgage
We are committed to quality customer service - putting the people we serve first. Our goal is to carefully guide you through the home loan process, so that you can confidently select the best mortgage for you and your family from the many mortgage options that are available today. After you select the loan that is best for you, we will work continuously on your behalf to help you achieve your drea

What Benefits Does Source 1 Mortgage Offer Beyond Salary?

A competitive compensation package is more than just a salary. Source 1 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Source 1 Mortgage.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Source 1 Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Source 1 Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Source 1 Mortgage

1. How much does Source 1 Mortgage in the United States pay?

Source 1 Mortgage pays its employees an average of $87,812 per year. The average salary at Source 1 Mortgage range from $77,029 to $99,502 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 Source 1 Mortgage employees get a higher salary than its peer company?

The salary at Source 1 Mortgage is higher than its peer company. The average annual salary at Source 1 Mortgage is $87,812, or an hourly wage of $42, in comparison to Salt City Home Loans LLC which pays $83,719 per year or $40 per hour.

3. How much does salary increase with years of experience at Source 1 Mortgage?

Salary progression with years of experience at Source 1 Mortgage 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.

4. Do salaries at Source 1 Mortgage vary by office location?

Yes, it's very likely that salaries at Source 1 Mortgage 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 Aurora section provides more context.

5. Does Source 1 Mortgage offer good benefits?

Source 1 Mortgage 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 Source 1 Mortgage" section on this page.

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