Tornell Mortgage Co Salary

How much does the Tornell Mortgage Co Pay for employees?

As of August 2026, the average annual salary for employees at Tornell Mortgage Co in the United States is $97,463. This translates to an approximate hourly wage of $47. Salaries at Tornell Mortgage Co typically range from $85,468 to $110,489 annually, reflecting the diverse roles and experience levels within the company. Tornell Mortgage Co’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.
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Current Job Openings at Tornell Mortgage Co

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

Is Tornell Mortgage Co’s Pay Competitive? Salary Benchmarking Analysis

How does Tornell Mortgage Co’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)
Tornell Mortgage Co
Financial Services
Algorithm Partners LLC
Vc Booth Holdings LLC
Industry Comparison
Our data shows that, on average, compensation at Tornell Mortgage Co 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 Tornell Mortgage Co average annual salary with several similar companies. Tornell Mortgage Co average salary of $97,463 is lower than Algorithm Partners LLC, which has an average salary of $112,515. It is higher than Vc Booth Holdings LLC, with their average salary at $83,498. This places Tornell Mortgage Co in a mid-range position among its peers.
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Employee Reviews: Working at Tornell Mortgage Co

Considering a career at Tornell Mortgage Co? 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.
Corporate social responsibility is authentic. Internal mobility is actively encouraged. Management is truly supportive of career progression. From team-building to consistent communication, they truly care about culture. The company’s focus on employee development and ethical financial practices sets it apart.
Even when things get busy, there’s support and a positive attitude. The work-life balance is respected, and the company encourages innovation. Flexible schedules and remote work options promote a healthy work-life balance. Supportive management and consistent feedback have made a difference in my growth.
An ideal place for professionals focused on financial services excellence. With flexible schedules, remote work options, and generous PTO, employees can thrive both professionally and personally. This company rewards diligence and integrity. Management invests in employee development programs. Collaborative culture with excellent training programs. The culture encourages innovation and teamwork, w...
Resources are always available, and your manager helps you map out career goals. The leadership team is professional and approachable. Anniversary celebrations acknowledge tenure milestones.
However, some systems feel archaic, and the company can be resistant to process improvements suggested by employees. I’ve been able to advance my skills and take on new challenges thanks to their supportive environment. A great place to launch or grow your career.

Tornell Mortgage Co Overview

Website
www.tornellmortgage.com
Founded In
1991
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
8960 Springbrook Dr NW Minneapolis Minnesota MN 55433
Revenue
$5 Million - $10 Million
Phone Number
+1 7637849016
Social Media
About Tornell Mortgage Co
Tornell Mortgage is a mortgage lending institution that prides itself in providing high quality financial services to the public. It is our mission to provide high quality mortgage programs at the most competitive rates in the nation. Our home loan programs include: purchase, refinance, debt consolidation, home equity loans, second mortgages, construction loans, and home improvement loans tailored

What Benefits Does Tornell Mortgage Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tornell Mortgage Co 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Tornell Mortgage Co.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Tornell Mortgage Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Tornell Mortgage Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tornell Mortgage Co

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

Tornell Mortgage Co pays its employees an average of $97,463 per year. The average salary at Tornell Mortgage Co range from $85,468 to $110,489 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 Tornell Mortgage Co employees get a higher salary than its peer company?

The salary at Tornell Mortgage Co is lesser than its peer company. The average annual salary at Tornell Mortgage Co is $97,463, or an hourly wage of $47, in comparison to Algorithm Partners LLC which pays $112,515 per year or $54 per hour.

3. How much does salary increase with years of experience at Tornell Mortgage Co?

Salary progression with years of experience at Tornell Mortgage Co 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 Tornell Mortgage Co vary by office location?

Yes, it's very likely that salaries at Tornell Mortgage Co 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 Minneapolis section provides more context.

5. Does Tornell Mortgage Co offer good benefits?

Tornell Mortgage Co 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 Tornell Mortgage Co" section on this page.