SpringBank Mortgage LLC Salary

How much does the SpringBank Mortgage LLC Pay for employees?

As of August 2026, the average annual salary for employees at SpringBank Mortgage LLC in the United States is $97,179. This translates to an approximate hourly wage of $47. Salaries at SpringBank Mortgage LLC typically range from $85,239 to $110,123 annually, reflecting the diverse roles and experience levels within the company. SpringBank Mortgage LLC’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 SpringBank Mortgage LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at SpringBank Mortgage LLC. 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 SpringBank Mortgage LLC

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

Is SpringBank Mortgage LLC’s Pay Competitive? Salary Benchmarking Analysis

How does SpringBank Mortgage LLC’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)
SpringBank Mortgage LLC
Financial Services
Island Coast Mortgage
Simple Lending Mortgage LLC
Industry Comparison
Our data shows that, on average, compensation at SpringBank Mortgage LLC is below the average for the U.S. Financial Services industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SpringBank Mortgage LLC average annual salary with several similar companies. SpringBank Mortgage LLC average salary of $97,179 is higher than Island Coast Mortgage, which has an average salary of $82,770. It is higher than Simple Lending Mortgage LLC, with their average salary at $83,698. This places SpringBank Mortgage LLC in a competitive position among its peers.
See Your True Competitors
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Employee Reviews: Working at SpringBank Mortgage LLC

Considering a career at SpringBank Mortgage LLC? 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.
Most conversations are strictly about work. Everyone here holds themselves to a high standard. Management values employee contributions and regularly shares company updates. There are occasional team-building events, but mostly it’s a quiet, task-focused environment. Communication is clear but sometimes delayed, affecting collaboration.
Collaborative culture with excellent training programs. Work is steady with reliable pay and benefits and processes feel rigid. Everyone is willing to help each other out, creating a positive and productive workplace atmosphere daily. Management trusts us with significant responsibilities, providing the autonomy to innovate while offering support when needed. Communication is strong, and teamwork ...
A supportive team and transparent leadership set the tone. Tasks are repetitive but predictable. It’s fulfilling to contribute to impactful financial solutions in such a supportive environment. Benefits are standard, not industry-leading. Overtime is rarely required, and when it is, compensation is fair.

SpringBank Mortgage LLC Overview

Website
www.springbankmortgage.com
Founded In
2002
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2121 Eisenhower Ave Alexandria Virginia VA 22314
Revenue
<$5 Million
Phone Number
+1 7033493901
Social Media
About SpringBank Mortgage LLC
The SpringBank Mortgage LLC Team is your premiere mortgage team located in Alexandria, Virginia. We pride ourselves on offering some of the lowest rates nationwide and make the loan process simple, straightforward and fast for borrowers seeking a mortgage in the Virginia area. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt,

What Benefits Does SpringBank Mortgage LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. SpringBank Mortgage LLC 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 Alexandria?

Understanding the cost of living near Alexandria is key to truly evaluating a salary offer or your current compensation at SpringBank Mortgage LLC.
Alexandria's Cost of Living Index is approximately 149.8 (49.8% more expensive than US average; 43.9% more than VA average). Historic city near DC, very high housing costs. DASH bus, Metro Yellow/Blue Lines. When planning your budget based on a salary from SpringBank Mortgage LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,200+ A significant portion of SpringBank Mortgage LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (DASH pass, Metro extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,650 - $5,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SpringBank Mortgage LLC

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

SpringBank Mortgage LLC pays its employees an average of $97,179 per year. The average salary at SpringBank Mortgage LLC range from $85,239 to $110,123 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 SpringBank Mortgage LLC employees get a higher salary than its peer company?

The salary at SpringBank Mortgage LLC is higher than its peer company. The average annual salary at SpringBank Mortgage LLC is $97,179, or an hourly wage of $47, in comparison to Island Coast Mortgage which pays $82,770 per year or $40 per hour.

3. What are the highest paying jobs at SpringBank Mortgage LLC?

The higher-paying job at SpringBank Mortgage LLC, according to our data, include Banker (avg. $90,785 per year), Senior Loan Officer (avg. $83,964 per year), and Loan Processor (avg. $41,122 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at SpringBank Mortgage LLC?

Salary progression with years of experience at SpringBank Mortgage LLC 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 SpringBank Mortgage LLC vary by office location?

Yes, it's very likely that salaries at SpringBank Mortgage LLC 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 Alexandria section provides more context.

6. Does SpringBank Mortgage LLC offer good benefits?

SpringBank Mortgage LLC 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 SpringBank Mortgage LLC" section on this page.