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Federal National Mortgage Association salaries
Federal National Mortgage Association salary estimate
$109,130yearly
Understanding Salaries at the Federal National Mortgage Association
The Federal National Mortgage Association provides a competitive average salary of $109,130 for its employees. The highest paying jobs tend to be in specialized fields such as engineering and management. For instance, engineering roles typically command impressive salaries compared to other departments.
Location also plays a significant role in salary differences; employees in major metropolitan areas often enjoy higher compensation. For example, the highest paying locations within the association can vary greatly, impacting earnings significantly. Understanding these aspects is essential for professionals considering a career with the organization.
By researching average salaries by state and department, prospective employees can better gauge their earning potential and make informed career decisions.
Highest paying jobs at Federal National Mortgage Association
The highest paying jobs at Fannie Mae are director, strategist, senior project manager, and data architect. Director jobs at Fannie Mae earn an average yearly salary of $169,619, Fannie Mae strategist jobs average $136,537, and Fannie Mae senior project manager jobs average $133,794.
The lowest paying Fannie Mae roles include loan representative and administrative assistant. Fannie Mae loan representative average salary is $37,886 per year. So while the average Fannie Mae salary is $109,130 there is a big variation in pay depending on the role.
Highest paying jobs at Federal National Mortgage Association
| Rank | Job title | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | Director | $169,619 | $81.55 |
| 2 | Strategist | $136,537 | $65.64 |
| 3 | Senior Project Manager | $133,794 | $64.32 |
| 4 | Data Architect | $133,623 | $64.24 |
| 5 | Database Consultant | $133,196 | $64.04 |
| 6 | Application Developer/Analyst | $132,048 | $63.48 |
| 7 | Business Analysis Manager | $127,062 | $61.09 |
| 8 | Design, Development | $125,896 | $60.53 |
| 9 | ETL Lead | $123,793 | $59.52 |
| 10 | Engineering Technician | $121,591 | $58.46 |
| 11 | Senior Engineering Associate | $119,271 | $57.34 |
| 12 | Software Engineer | $116,490 | $56.00 |
| 13 | Modeler | $115,881 | $55.71 |
| 14 | Technical Associate | $113,482 | $54.56 |
| 15 | Service Consultant | $110,445 | $53.10 |
| 16 | Business Analyst | $109,934 | $52.85 |
| 17 | Finance Engineer | $106,735 | $51.31 |
| 18 | Underwriting Specialist | $104,853 | $50.41 |
| 19 | Economist | $103,796 | $49.90 |
| 20 | Writer And Editor | $103,641 | $49.83 |
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Average Federal National Mortgage Association salary by state
Federal National Mortgage Association pays the highest salaries in California due to higher costs of living and competition in the state.
| Rank | State | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | California | $119,907 | $57.65 |
| 2 | New York | $116,196 | $55.86 |
| 3 | Massachusetts | $114,608 | $55.10 |
| 4 | District of Columbia | $111,717 | $53.71 |
| 5 | Maryland | $104,345 | $50.17 |
| 6 | Virginia | $102,563 | $49.31 |
| 7 | Texas | $102,347 | $49.21 |
| 8 | Pennsylvania | $100,904 | $48.51 |
| 9 | Illinois | $96,331 | $46.31 |
How much does Federal National Mortgage Association pay by location?
Highest paying Federal National Mortgage Association locations
| Rank | Location | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | Irvine, CA | $118,330 | $56.89 |
| 2 | New York, NY | $116,372 | $55.95 |
| 3 | Washington, DC | $111,849 | $53.77 |
| 4 | Urbana, MD | $103,990 | $50.00 |
| 5 | Reston, VA | $103,717 | $49.86 |
| 6 | Plano, TX | $101,734 | $48.91 |
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Federal National Mortgage Association salaries by department
Salaries at Fannie Mae vary depending on the department you work in. Fannie Mae salaries in the business development department are the highest with an average salary of $118,405. Employees in the engineering department at Fannie Mae receive relatively high salaries as well, with an average salary of $116,775 per year. Departments that don't pay as well at Fannie Mae include the administrative and the accounting organizational functions, with employees earning average salaries of $49,554 and $78,568, respectively.
Average Federal National Mortgage Association salary by department
| Rank | Department | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | Business Development | $118,405 | $56.93 |
| 2 | Engineering | $116,775 | $56.14 |
| 3 | IT | $115,935 | $55.74 |
| 4 | Marketing | $115,142 | $55.36 |
| 5 | Sales | $114,295 | $54.95 |
| 6 | Legal | $111,035 | $53.38 |
| 7 | Art/Design | $108,793 | $52.30 |
| 8 | Finance | $104,554 | $50.27 |
| 9 | Retail | $100,539 | $48.34 |
| 10 | Plant/Manufacturing | $99,826 | $47.99 |
| 11 | Customer Service | $92,527 | $44.48 |
| 12 | Accounting | $78,568 | $37.77 |
| 13 | Administrative | $49,554 | $23.82 |
How much does Federal National Mortgage Association pay by department?
Best paying Federal National Mortgage Association engineering salaries
| Rank | Position | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Project Manager | $133,794 | $64.32 |
| 2 | Data Architect | $133,623 | $64.24 |
| 3 | Database Consultant | $133,196 | $64.04 |
| 4 | Application Developer/Analyst | $132,048 | $63.48 |
| 5 | Design, Development | $125,896 | $60.53 |
| 6 | ETL Lead | $123,793 | $59.52 |
| 7 | Engineering Technician | $121,591 | $58.46 |
| 8 | Senior Engineering Associate | $119,271 | $57.34 |
| 9 | Software Engineer | $116,490 | $56.00 |
| 10 | Technical Associate | $113,482 | $54.56 |
| 11 | Technical Project Manager | $112,572 | $54.12 |
| 12 | SQL Server Developer | $101,207 | $48.66 |
| 13 | Operations Engineer | $101,047 | $48.58 |
| 14 | Cics Systems Programmer | $96,354 | $46.32 |
| 15 | SAS Programmer | $89,981 | $43.26 |
Best paying Federal National Mortgage Association finance salaries
| Rank | Position | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | Credit Director | $169,269 | $81.38 |
| 2 | Risk Manager | $141,340 | $67.95 |
| 3 | Asset Manager | $136,600 | $65.67 |
| 4 | Senior Energy Trader | $129,078 | $62.06 |
| 5 | Manager-Finance Systems | $127,256 | $61.18 |
| 6 | Senior Underwriter | $109,950 | $52.86 |
| 7 | Finance Analyst | $107,459 | $51.66 |
| 8 | Finance Engineer | $106,735 | $51.31 |
| 9 | Underwriting Specialist | $104,853 | $50.41 |
| 10 | Economist | $103,796 | $49.90 |
| 11 | Claim Specialist | $93,444 | $44.93 |
| 12 | Economic Analyst | $92,509 | $44.48 |
| 13 | Loan Representative | $37,887 | $18.21 |
Best paying Federal National Mortgage Association IT salaries
| Rank | Position | Average Federal National Mortgage Association salary | Hourly rate |
|---|---|---|---|
| 1 | Director Of Information Management | $156,387 | $75.19 |
| 2 | Security Engineer | $137,282 | $66.00 |
| 3 | Senior Project Manager | $133,794 | $64.32 |
| 4 | Application Developer/Analyst | $132,048 | $63.48 |
| 5 | Computer Operations Supervisor | $132,041 | $63.48 |
| 6 | Security Systems Specialist | $119,869 | $57.63 |
| 7 | Audit Manager | $119,456 | $57.43 |
| 8 | Management Associate | $115,505 | $55.53 |
| 9 | Senior Programmer Analyst | $106,803 | $51.35 |
| 10 | Cics Systems Programmer | $96,354 | $46.32 |
| 11 | Information Technology Auditor | $90,370 | $43.45 |
| 12 | Computer Operator | $45,407 | $21.83 |
Federal National Mortgage Association competitors’ average salaries
Average salaries at Fannie Mae competitors, like Silicon Valley Bank, Moody's, and Penson Financial Services, vary. Silicon Valley Bank employees earn the highest salaries, with an average yearly salary of $112,607. The average salary at Moody's is $109,712 per year, and the average salary at Penson Financial Services is $102,656 per year.
Highest paying Federal National Mortgage Association competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Silicon Valley Bank | 4.4 | $112,607 |
| 2 | Moody's | 4.9 | $109,712 |
| 3 | Penson Financial Services | 4.4 | $102,656 |
| 4 | Wellington Management | 4.9 | $100,217 |
| 5 | Redwood Trust | 3.7 | $99,372 |
| 6 | Northern Trust | 4.6 | $97,713 |
| 7 | IFC - International Finance | 4.5 | $97,121 |
| 8 | Magnetar Capital | 4.6 | $94,963 |
| 9 | ING USA Holding Corporation | 4.4 | $93,332 |
| 10 | FHLBank Chicago | 4.6 | $93,053 |
| 11 | ABN AMRO Chicago Corporation | 4.4 | $92,764 |
| 12 | Elan Financial Services | 4.0 | $88,170 |
| 13 | Inter-American Development Bank | 4.2 | $80,880 |
| 14 | Russell Investments | 4.5 | $78,130 |
| 15 | Federated Investors | 4.6 | $74,932 |
| 16 | Iss | Institutional Shareholder Services | 3.9 | $73,725 |
| 17 | AIG Global Investment Group | 4.6 | $73,553 |
| 18 | TS Imagine | 3.9 | $73,148 |
| 19 | World Bank | 4.8 | $68,368 |
| 20 | Federal Reserve Bank of Richmond | 4.8 | $57,591 |
Recently added Federal National Mortgage Association salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Operational Risk-Risk Management-Senior Associate-Single-Family | Plano, TX | 06/28/2025 | $94,000 |
| Enterprise Platforms-Technology Engineering-Lead Associate | Reston, VA | 06/28/2025 | $138,000 |
| Senior Software Engineer-AWS | Reston, VA | 06/28/2025 | $121,000 |
| Model Risk-Risk Management-Advisor | Reston, VA | 06/28/2025 | $138,000 |
| Operational Risk-Risk Management-Senior Associate-Single-Family | Washington, DC | 06/28/2025 | $94,000 |
Frequently asked questions about Federal National Mortgage Association salaries
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Zippia gives an in-depth look into the details of Federal National Mortgage Association, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal National Mortgage Association. The employee data is based on information from people who have self-reported their past or current employments at Federal National Mortgage Association. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal National Mortgage Association. The data presented on this page does not represent the view of Federal National Mortgage Association and its employees or that of Zippia.