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Average Mercantile Bank of Michigan lender salary

$37,070yearly

$18.14 hourly rate

Entry-level Mercantile Bank of Michigan lender salary
$24,000 yearly
Updated April 5, 2024

How much does Mercantile Bank of Michigan pay lenders?

The average salary for Mercantile Bank of Michigan lenders is $37,070 per year. Mercantile Bank of Michigan lender salaries range between $24,000 to $56,000 per year. Mercantile Bank of Michigan lenders earn 2% less than the national average salary for lenders of $37,723.

Location impacts how much a lender at Mercantile Bank of Michigan can expect to make. Lenders at Mercantile Bank of Michigan make the most in San Antonio, TX, Belding, MI, and Quincy, IL.

How much does Mercantile Bank of Michigan pay lenders by location?

Mercantile Bank of Michigan pays lenders the most in San Antonio, TX, Belding, MI, and Quincy, IL. Additionally, cities like undefined and undefined also report highly competitive salaries for lenders at Mercantile Bank of Michigan.

Lender Mercantile Bank of Michigan salary by location

RankCityAvg. salaryHourly rate
1San Antonio, TX$39,969$19.22
2Belding, MI$39,637$19.06
3Quincy, IL$37,435$18.00

Highest-paid Mercantile Bank of Michigan lenders by job level

RankJob titleAverage salaryHourly rateJob openings
1Real Estate Loan Officer$106,554$51-
2Consumer Loan Officer$96,936$47-
3Branch Lending Officer$81,124$39-
4Commercial Lender$65,371$31-
5Loan Officer/Loan Processor$50,780$24-
6Mortgage Originator$48,384$23-
7Loan Officer$40,468$192
8Senior Mortgage Loan Officer$34,239$16-
9Mortgage Consultant$33,587$16-
10Loan Consultant$33,404$16-

Lender salary at Mercantile Bank of Michigan competitors

RankCompanyAverage salaryHourly rateJob openings
1WSFS Bank$48,444$235
2Community Bancorp$42,845$21-
3Chemical Bank$42,459$20-
4Fulton Bank$42,011$2032
5FIRST CHEROKEE BANCSHARES$41,251$20-
6Bank of America$38,347$1816
7Fifth Third Bank$37,651$18109
8Western Bank$36,363$17-
9Isabella Bank$35,937$172
10Carolina Bank Holdings$35,628$17-
11Central Bank$35,497$1711
12First Bancorp$35,154$171
13Summit Bank$34,982$17-
14First Federal Savings & Loan$34,967$17-
15United Bank$34,737$1719
16NorthStar Bank$34,461$17-
17Security Bank$34,372$17-
18Macatawa Bank$34,320$17-
19Huntington National Bank$33,112$1640
20Independence Bank$32,870$16-

Mercantile Bank of Michigan lender salary FAQ

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