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Mortgage analyst salary
Average mortgage analyst salary
$15.75
Average Mortgage Analyst Salary
The average salary for a mortgage analyst in the United States is approximately $32,763 per year or about $16 per hour. These figures can vary based on factors such as experience, location, and specific employer. For example, analysts in metropolitan areas or those working for larger financial institutions often earn higher wages.
Where Can a Mortgage Analyst Earn More?
Mortgage analysts can find better-paying positions in states like California, New York, and Texas, where the demand for skilled financial professionals is high. Additionally, analysts with specialized skills in data analysis or risk assessment are often sought after in the job market, leading to higher compensation.
Highest Paying Mortgage Analyst Jobs
Some of the top-paying roles for mortgage analysts include positions within major banks and finance companies, where analysts can earn salaries significantly above the national average. Furthermore, analysts who advance to senior positions or management roles can expect even greater earnings.
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Where can a Mortgage Analyst earn more?
Mortgage analyst salary estimates from across the web
Average mortgage analyst salary by state
The highest-paying states for mortgage analysts are New York, Hawaii, and New Hampshire. The lowest average mortgage analyst salary states are Arkansas, Oklahoma, and Mississippi.
- State view
- County view
Highest paying states for mortgage analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $67,181 | $32.30 |
| 2 | Rhode Island | $48,001 | $23.08 |
| 3 | Hawaii | $54,646 | $26.27 |
| 4 | Nevada | $46,848 | $22.52 |
| 5 | Delaware | $46,123 | $22.17 |
| 6 | Vermont | $48,226 | $23.19 |
| 7 | New Hampshire | $52,357 | $25.17 |
| 8 | Wyoming | $37,948 | $18.24 |
| 9 | District of Columbia | $43,989 | $21.15 |
| 10 | California | $44,599 | $21.44 |
| 11 | Massachusetts | $47,177 | $22.68 |
| 12 | Maine | $44,265 | $21.28 |
| 13 | Pennsylvania | $41,565 | $19.98 |
| 14 | New Jersey | $45,819 | $22.03 |
| 15 | Colorado | $36,376 | $17.49 |
| 16 | Connecticut | $39,968 | $19.22 |
| 17 | Arizona | $34,096 | $16.39 |
| 18 | Oregon | $41,718 | $20.06 |
| 19 | North Carolina | $36,603 | $17.60 |
| 20 | Michigan | $33,984 | $16.34 |
| 21 | Maryland | $40,499 | $19.47 |
| 22 | Alaska | $33,668 | $16.19 |
| 23 | Illinois | $31,809 | $15.29 |
| 24 | Washington | $36,874 | $17.73 |
| 25 | Kansas | $30,639 | $14.73 |
| 26 | South Dakota | $29,479 | $14.17 |
| 27 | Alabama | $33,238 | $15.98 |
| 28 | Virginia | $38,870 | $18.69 |
| 29 | Iowa | $30,664 | $14.74 |
| 30 | West Virginia | $33,027 | $15.88 |
| 31 | Georgia | $32,012 | $15.39 |
| 32 | Ohio | $32,371 | $15.56 |
| 33 | Florida | $30,477 | $14.65 |
| 34 | Montana | $31,297 | $15.05 |
| 35 | North Dakota | $30,138 | $14.49 |
| 36 | Wisconsin | $29,663 | $14.26 |
| 37 | Texas | $27,192 | $13.07 |
| 38 | Minnesota | $29,013 | $13.95 |
| 39 | Kentucky | $28,596 | $13.75 |
| 40 | Utah | $28,950 | $13.92 |
| 41 | Missouri | $28,168 | $13.54 |
| 42 | South Carolina | $27,754 | $13.34 |
| 43 | Nebraska | $28,225 | $13.57 |
| 44 | New Mexico | $28,346 | $13.63 |
| 45 | Mississippi | $25,049 | $12.04 |
| 46 | Arkansas | $25,673 | $12.34 |
| 47 | Oklahoma | $25,627 | $12.32 |
| 48 | Indiana | $21,972 | $10.56 |
| 49 | Louisiana | $23,568 | $11.33 |
| 50 | Tennessee | $23,923 | $11.50 |
| 51 | Idaho | $25,888 | $12.45 |
Highest paying cities for mortgage analysts
The highest-paying cities for mortgage analysts are New York, NY, San Jose, CA, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $68,035 | $32.71 |
| 2 | San Jose, CA | $50,436 | $24.25 |
| 3 | Boston, MA | $46,643 | $22.42 |
| 4 | Jersey City, NJ | $45,502 | $21.88 |
| 5 | Bethesda, MD | $39,140 | $18.82 |
| 6 | Richmond, VA | $37,743 | $18.15 |
| 7 | Colorado Springs, CO | $36,701 | $17.64 |
| 8 | Pittsburgh, PA | $35,972 | $17.29 |
| 9 | Charlotte, NC | $35,464 | $17.05 |
| 10 | Cleveland, OH | $33,843 | $16.27 |
| 11 | Atlanta, GA | $31,901 | $15.34 |
| 12 | Chicago, IL | $31,721 | $15.25 |
| 13 | Minneapolis, MN | $28,993 | $13.94 |
| 14 | Coral Gables, FL | $28,722 | $13.81 |
| 15 | Coppell, TX | $27,054 | $13.01 |
| 16 | Fishers, IN | $21,925 | $10.54 |
Mortgage analyst salary details
A mortgage analyst's salary ranges from $13,000 a year at the 10th percentile to $77,000 at the 90th percentile.
What is a mortgage analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $77,000 | $6,417 | $37 |
| 75th Percentile | $51,000 | $4,250 | $25 |
| Average | $32,763 | $2,730 | $16 |
| 25th Percentile | $20,000 | $1,667 | $10 |
| 10th Percentile | $13,000 | $1,083 | $6 |
Highest paying mortgage analyst jobs
The highest paying types of mortgage analysts are senior credit analyst, credit risk analyst, and bank officer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Bank Officer | $79,562 | $6,630 | $38.25 | 69,880 |
| Loan Originator | $41,291 | $3,441 | $19.85 | 10,716 |
| Loan Officer | $45,817 | $3,818 | $22.03 | 63,663 |
| Closer | $29,291 | $2,441 | $14.08 | 7,560 |
| Consumer Loan Underwriter | $53,525 | $4,460 | $25.73 | 17,495 |
| Underwriter | $61,751 | $5,146 | $29.69 | 8,510 |
Top companies hiring mortgage analysts now:
Which companies pay mortgage analysts the most?
Mortgage analyst salaries at Citi and Pine River Capital Management are the highest-paying according to our most recent salary estimates. In addition, the average mortgage analyst salary at companies like JPMorgan Chase & Co. and FHLBank Chicago are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Citi | $95,488 | $45.91 |
| 2 | Pine River Capital Management | $85,876 | $41.29 |
| 3 | JPMorgan Chase & Co. | $68,597 | $32.98 |
| 4 | FHLBank Chicago | $55,464 | $26.67 |
| 5 | HUB International | $45,528 | $21.89 |
| 6 | Bank of America | $43,781 | $21.05 |
| 7 | Tech Credit Union | $43,453 | $20.89 |
| 8 | Wells Fargo | $42,889 | $20.62 |
| 9 | Citizens Financial Group | $38,972 | $18.74 |
| 10 | MCM | $36,345 | $17.47 |
| 11 | S&T Ban | $35,750 | $17.19 |
| 12 | Randstad North America, Inc. | $35,562 | $17.10 |
| 13 | NBH Bank | $34,811 | $16.74 |
| 14 | First Western Trust | $34,093 | $16.39 |
| 15 | Robert Half | $33,772 | $16.24 |
| 16 | Grandbridge Real Estate Capital | $33,301 | $16.01 |
| 17 | Union Home Mortgage | $29,949 | $14.40 |
| 18 | Freedom Mortgage | $29,272 | $14.07 |
| 19 | Summit Funding | $28,633 | $13.77 |
Wage gap by gender, race and education
Mortgage analyst salary trends
The average mortgage analyst salary has risen by $6,223 over the last ten years. In 2014, the average mortgage analyst earned $26,540 annually, but today, they earn $32,763 a year. That works out to a 7% change in pay for mortgage analysts over the last decade.
Compare mortgage analyst salaries for cities or states with the national average over time.
Average mortgage analyst salary over time
Compare mortgage analyst salaries for individual cities or states with the national average.
Mortgage analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $32,800 | $15.75 | +1.8% |
| 2024 | $32,200 | $15.47 | +2.9% |
| 2023 | $31,300 | $15.03 | +0.3% |
| 2022 | $31,200 | $14.98 | +1.9% |
| 2021 | $30,600 | $14.69 | +0.4% |
Recently added mortgage analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| City National Bank | Residential Mortgage Analyst | Wilmington, DE | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Atlanta, GA | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Annapolis, MD | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Trenton, NJ | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Los Angeles, CA | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Lansing, MI | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Urban Honolulu, HI | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Columbus, OH | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Boston, MA | 05/28/2025 | $71,869 |
| City National Bank | Residential Mortgage Analyst | Phoenix, AZ | 05/28/2025 | $71,869 |
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