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Job outlook for mortgage loan specialists in the United States
Mortgage loan specialist job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected mortgage loan specialist job growth rate is -3% from 2018-2028.
About -38,500 new jobs for mortgage loan specialists are projected over the next decade.
Mortgage loan specialist salaries have increased 7% for mortgage loan specialists in the last 5 years.
There are over 167,299 mortgage loan specialists currently employed in the United States.
There are 33,704 active mortgage loan specialist job openings in the US.
The average mortgage loan specialist salary is $41,186.
Are mortgage loan specialist jobs in demand?
Yes, mortgage loan specialist jobs are in demand. Mortgage loan specialist demand is projected to grow -3% from 2018 to 2028.
Mortgage loan specialist job and salary trends over time
Compare the number of mortgage loan specialist jobs and the average mortgage loan specialist salary over time.
Mortgage loan specialist jobs over time
Mortgage loan specialist job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 167,299 | 0.05% |
| 2020 | 143,103 | 0.04% |
| 2019 | 146,209 | 0.04% |
| 2018 | 156,088 | 0.05% |
| 2017 | 159,460 | 0.05% |
Average mortgage loan specialist salary over time
Mortgage loan specialist salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $41,186 | $19.80 | +1.8% |
| 2024 | $40,459 | $19.45 | +1.9% |
| 2023 | $39,713 | $19.09 | +2.1% |
| 2022 | $38,886 | $18.70 | +1.1% |
| 2021 | $38,458 | $18.49 | +2.4% |
Mortgage loan specialist jobs by state
The map below shows you the number of mortgage loan specialist job openings in each state. The darker areas on the map show where mortgage loan specialists earn the highest salaries across all 50 states.
Average salary: Job openings:
Most common states for mortgage loan specialists
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 104 | 15% |
| 2 | Wyoming | 579,315 | 87 | 15% |
| 3 | Delaware | 961,939 | 131 | 14% |
| 4 | South Dakota | 869,666 | 125 | 14% |
| 5 | North Dakota | 755,393 | 105 | 14% |
| 6 | Minnesota | 5,576,606 | 725 | 13% |
| 7 | Iowa | 3,145,711 | 407 | 13% |
| 8 | Nebraska | 1,920,076 | 226 | 12% |
| 9 | Rhode Island | 1,059,639 | 130 | 12% |
| 10 | Alaska | 739,795 | 90 | 12% |
| 11 | Arizona | 7,016,270 | 775 | 11% |
| 12 | Colorado | 5,607,154 | 565 | 10% |
| 13 | Montana | 1,050,493 | 110 | 10% |
| 14 | Vermont | 623,657 | 60 | 10% |
| 15 | Florida | 20,984,400 | 1,846 | 9% |
| 16 | North Carolina | 10,273,419 | 964 | 9% |
| 17 | Indiana | 6,666,818 | 602 | 9% |
| 18 | Maryland | 6,052,177 | 550 | 9% |
| 19 | Oregon | 4,142,776 | 360 | 9% |
| 20 | Kansas | 2,913,123 | 267 | 9% |