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Freddie Mac salaries
Freddie Mac salary estimate
$87,769yearly
Freddie Mac Salary Overview
At Freddie Mac, salaries vary significantly based on position and department, with an average salary of $87,769. The highest paying roles include senior software engineers, finance controllers, and directors, with average salaries of $122,721, $104,488, and $104,096, respectively. In contrast, entry-level positions like file clerks earn around $30,922, showcasing the pay scale's diversity.
Departmental Breakdown
Salary insights reveal that Freddie Mac's engineering department offers the highest average compensation at $99,471, while business development employees earn around $90,264. Administrative and accounting roles, however, present lower averages of $40,721 and $70,718.
Work Environment
Freddie Mac fosters a collaborative atmosphere that values employee contributions and promotes a favorable work-life balance, especially during remote work periods. This approach enhances job satisfaction, making Freddie Mac a compelling choice for prospective employees seeking rewarding careers.
Highest paying jobs at Freddie Mac
The highest paying jobs at Freddie Mac are senior software engineer, finance controller, director, and devops engineer. Senior software engineer jobs at Freddie Mac earn an average yearly salary of $122,721, Freddie Mac finance controller jobs average $104,488, and Freddie Mac director jobs average $104,096.
The lowest paying Freddie Mac roles include file clerk and internship. Freddie Mac file clerk average salary is $30,922 per year. So while the average Freddie Mac salary is $87,769 there is a big variation in pay depending on the role.
Highest paying jobs at Freddie Mac
| Rank | Job title | Average Freddie Mac salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Software Engineer | $122,721 | $59.00 |
| 2 | Finance Controller | $104,488 | $50.23 |
| 3 | Director | $104,096 | $50.05 |
| 4 | Devops Engineer | $103,034 | $49.54 |
| 5 | Business Analysis Manager | $101,781 | $48.93 |
| 6 | Lead Technician | $98,032 | $47.13 |
| 7 | Quality Assurance Lead | $93,233 | $44.82 |
| 8 | Java/J2ee Developer | $91,389 | $43.94 |
| 9 | Development Technician | $91,119 | $43.81 |
| 10 | Java Developer | $89,497 | $43.03 |
| 11 | Project Manager | $84,976 | $40.85 |
| 12 | SAS Programmer | $84,061 | $40.41 |
| 13 | Senior Statistical Analyst | $82,174 | $39.51 |
| 14 | Database Administrator | $82,131 | $39.49 |
| 15 | Business Analyst | $80,142 | $38.53 |
| 16 | Systems Administrator | $79,289 | $38.12 |
| 17 | Consultant | $76,560 | $36.81 |
| 18 | Quality Assurance Tester | $76,269 | $36.67 |
| 19 | Finance Professional | $53,776 | $25.85 |
| 20 | Executive Coordinator | $51,642 | $24.83 |
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Average Freddie Mac salary by state
Freddie Mac pays the highest salaries in California due to higher costs of living and competition in the state.
| Rank | State | Average Freddie Mac salary | Hourly rate |
|---|---|---|---|
| 1 | California | $101,082 | $48.60 |
| 2 | New York | $100,102 | $48.13 |
| 3 | District of Columbia | $96,963 | $46.62 |
| 4 | Virginia | $90,703 | $43.61 |
| 5 | Illinois | $83,759 | $40.27 |
| 6 | Texas | $83,452 | $40.12 |
| 7 | Georgia | $81,592 | $39.23 |
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Freddie Mac salaries by department
Salaries at Freddie Mac vary depending on the department you work in. Freddie Mac salaries in the engineering department are the highest with an average salary of $99,471. Employees in the business development department at Freddie Mac receive relatively high salaries as well, with an average salary of $90,264 per year. Departments that don't pay as well at Freddie Mac include the administrative and the accounting organizational functions, with employees earning average salaries of $40,721 and $70,718, respectively.
Average Freddie Mac salary by department
| Rank | Department | Average Freddie Mac salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $99,471 | $47.82 |
| 2 | Business Development | $90,264 | $43.40 |
| 3 | Marketing | $90,188 | $43.36 |
| 4 | IT | $87,821 | $42.22 |
| 5 | Research & Development | $83,398 | $40.10 |
| 6 | Plant/Manufacturing | $82,838 | $39.83 |
| 7 | Finance | $77,000 | $37.02 |
| 8 | Accounting | $70,718 | $34.00 |
| 9 | Administrative | $40,722 | $19.58 |
How much does Freddie Mac pay by department?
Best paying Freddie Mac engineering salaries
| Rank | Position | Average Freddie Mac salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Software Engineer | $122,721 | $59.00 |
| 2 | Lead Programmer | $105,722 | $50.83 |
| 3 | Technical Project Manager | $105,504 | $50.72 |
| 4 | Data Architect | $105,347 | $50.65 |
| 5 | Engineering Technician Lead | $104,122 | $50.06 |
| 6 | Devops Engineer | $103,034 | $49.54 |
| 7 | Applications Project Manager | $98,956 | $47.58 |
| 8 | Java/J2ee Developer | $91,389 | $43.94 |
| 9 | Java Developer | $89,497 | $43.03 |
| 10 | SAS Programmer | $84,061 | $40.41 |
| 11 | Weblogic Administrator | $82,468 | $39.65 |
| 12 | Senior Statistical Analyst | $82,174 | $39.51 |
| 13 | Database Administrator | $82,131 | $39.49 |
| 14 | Analytical Data Miner | $81,798 | $39.33 |
| 15 | Technical Analyst | $81,770 | $39.31 |
| 16 | Tester | $76,874 | $36.96 |
| 17 | Product Test Specialist | $70,511 | $33.90 |
Best paying Freddie Mac finance salaries
| Rank | Position | Average Freddie Mac salary | Hourly rate |
|---|---|---|---|
| 1 | Risk Management Director | $132,012 | $63.47 |
| 2 | Associate Director | $122,352 | $58.82 |
| 3 | Risk Manager | $112,403 | $54.04 |
| 4 | Economist | $100,962 | $48.54 |
| 5 | Quantitative Analyst | $98,196 | $47.21 |
| 6 | Senior Underwriter | $82,181 | $39.51 |
| 7 | Asset Manager | $77,880 | $37.44 |
| 8 | Finance Analyst | $77,235 | $37.13 |
| 9 | Consultant | $76,560 | $36.81 |
| 10 | Mortgage Underwriter | $68,895 | $33.12 |
| 11 | Senior Examiner | $56,717 | $27.27 |
| 12 | Finance Professional | $53,776 | $25.85 |
| 13 | Fraud Investigator | $46,426 | $22.32 |
| 14 | Loss Mitigation Specialist | $44,476 | $21.38 |
| 15 | Loan Specialist | $42,268 | $20.32 |
| 16 | Mortgage Processor | $39,227 | $18.86 |
| 17 | Loan Processor | $37,074 | $17.82 |
Best paying Freddie Mac IT salaries
| Rank | Position | Average Freddie Mac salary | Hourly rate |
|---|---|---|---|
| 1 | Internal Audit Director | $130,914 | $62.94 |
| 2 | Credit Risk Management Director | $129,181 | $62.11 |
| 3 | Solutions Architect | $114,025 | $54.82 |
| 4 | Lead System Technician | $108,461 | $52.14 |
| 5 | Senior Project Manager | $106,863 | $51.38 |
| 6 | Information Technology Project Manager | $101,897 | $48.99 |
| 7 | Senior System Administrator | $101,538 | $48.82 |
| 8 | Applications Technician | $94,182 | $45.28 |
| 9 | Computer Systems Analyst | $83,565 | $40.18 |
| 10 | Technical Analyst | $81,770 | $39.31 |
| 11 | Network Engineer | $81,753 | $39.30 |
| 12 | Unit Controller | $80,316 | $38.61 |
| 13 | Systems Administrator | $79,289 | $38.12 |
| 14 | Management Associate | $78,918 | $37.94 |
| 15 | Audit Machine Operator | $52,210 | $25.10 |
| 16 | Technical Support Specialist | $47,515 | $22.84 |
| 17 | Computer Operator | $39,037 | $18.77 |
| 18 | Information Technology Internship | $35,816 | $17.22 |
Recently added Freddie Mac salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| I&CM Operations Associate | Dallas, TX | 06/28/2025 | $58,000 |
| Senior Software Development Engineer | McLean, VA | 06/28/2025 | $116,000 |
| Senior Learning Technical Writer (VA or TX) | McLean, VA | 06/28/2025 | $98,000 |
| Technical Lead, Infrastructure Architecture | McLean, VA | 06/28/2025 | $157,000 |
| Special Servicing Analyst/Closing Coordinator (5 Days In Office) | McLean, VA | 06/28/2025 | $66,000 |
What employees say about salary at Freddie Mac
Interesting, mission-oriented work. Challenging and rewarding. Get to collaborate with bright, great professionals. Fairly good work-life balance.
Though it's not a huge company, it's still large enough that it sometimes feels hard to "make one's mark" unless one is really skilled at internal marketing.
During COVID, we've operated fully remotely and with a reasonable amount of flexibility. We are treated as professionals who will get their jobs done well, managing their time as needed to make up for the occasional personal or life issues that come up. That trust needs to be earned and maintained, of course, but it's nice that the company strives to create a supportive environment in that sense.
The People
Culture indicates work life balance but in IT not the case
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Frequently asked questions about Freddie Mac salaries
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Zippia gives an in-depth look into the details of Freddie Mac, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Freddie Mac. The employee data is based on information from people who have self-reported their past or current employments at Freddie Mac. 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 Freddie Mac. The data presented on this page does not represent the view of Freddie Mac and its employees or that of Zippia.
Freddie Mac may also be known as or be related to Federal Home Loan Mortgage, Federal Home Loan Mortgage Corp, Federal Home Loan Mortgage Corporation, Freddie Mac and The Federal Home Loan Mortgage Corporation.