Mortgage Specialist Salary

Average Yearly Salary
Updated May 19, 2020
Min 10%
Median 50%
Max 90%
Best Paying Company
Investors Bank
Highest Paying City
Oakland, CA
Highest Paying State
Average Experience Level
2.3 years
How much does a mortgage specialist make?
The national average salary for a Mortgage Specialist in the United States is $41,685 per year or $20.04 per hour. If you are in the top 10 percent, you will make over $55,000; however, if you are in the bottom 10 percent, you will earn less than $31,000 per year. Finance companies and Professional companies are the best when it comes to the number of employment opportunities. Hawaii, Alaska, Oregon, California, and Washington have the highest paying Mortgage Specialist jobs. The typical tenure for a Mortgage Specialist is 2.3 years.

Average Mortgage Specialist Salary By Location

Across America, Mortgage Specialists make on average $41,685 annually or $20.04 hourly. Mortgage Specialists make the most in Oakland, CA at about $70,369 per year. Even an entry-level Mortgage Specialist makes $35,000 per year in Oakland, CA. Hawaii, Alaska, Oregon, California, and Washington are the top 5 highest earning states for Mortgage Specialists. Florida, Rhode Island, and Massachusetts have the lowest Mortgage Specialist salaries.

Map of Mortgage Specialist Salaries

The darker areas on the map show where Mortgage Specialists earn the highest salaries across all 50 states.

Average Salary:

Average Mortgage Specialist Salary By Company

Like every industry, there is a range of salaries a Mortgage Specialist makes. Finance companies and Professional companies tend to have the highest concentration of employment in this field. Investors Bank and Old National Bank are the best paying companies for Mortgage Specialists. In addition, companies like NASA and Santander Consumer USA report highly competitive salaries for Mortgage Specialists.

Mortgage Specialist Salary History

Compare salaries for individual cities or states with the national average.

National Average
Ashburn, VA

Mortgage Specialist Salary By Experience Level

The salary for a Mortgage Specialist can range from $25,470 to $61,201 depending on the amount of work experience that the person has. Data on how experience level affects salary is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

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