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Mortgage assistant salary
Average mortgage assistant salary
$16.33
Understanding the Mortgage Assistant Salary
Mortgage Assistants play a pivotal role in facilitating the mortgage process, aiding both clients and lenders. As of October 2025, the average annual salary stands at $33,961, translating to around $16.33 per hour. Factors that can influence this salary include experience, geographic location, and the nature of the employer. For instance, those working in metropolitan areas often earn higher wages compared to their counterparts in rural settings.
Additionally, the salary trajectory for Mortgage Assistants can improve with experience. Entry-level positions may start lower, but with proven competence, assistants can see salary increases as they take on more responsibilities. The highest paying states for Mortgage Assistants include California and New York, where demand for real estate services is robust.
Job Opportunities and Growth
Job seekers in this field should explore various opportunities ranging from entry-level to senior positions. Networking within the real estate sector can lead to higher-paying roles, as many employers value referrals and industry connections. Furthermore, obtaining certifications related to mortgage processing can also enhance earning potential and career advancement.
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Where can a Mortgage Assistant earn more?
Mortgage assistant salaries by experience level
Mortgage assistant salary estimates from across the web
Average mortgage assistant salary by state
The highest-paying states for mortgage assistants are West Virginia, Maryland, and Colorado. The lowest average mortgage assistant salary states are Florida, South Carolina, and Tennessee.
- State view
- County view
Highest paying states for mortgage assistants
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Colorado | $37,865 | $18.20 |
| 2 | West Virginia | $38,720 | $18.62 |
| 3 | Rhode Island | $35,383 | $17.01 |
| 4 | Arizona | $33,624 | $16.17 |
| 5 | Maryland | $38,498 | $18.51 |
| 6 | New Jersey | $37,816 | $18.18 |
| 7 | Minnesota | $33,400 | $16.06 |
| 8 | Washington | $34,418 | $16.55 |
| 9 | Oregon | $34,705 | $16.69 |
| 10 | Wisconsin | $32,893 | $15.81 |
| 11 | Illinois | $33,892 | $16.29 |
| 12 | North Dakota | $31,607 | $15.20 |
| 13 | Kentucky | $33,142 | $15.93 |
| 14 | Hawaii | $36,752 | $17.67 |
| 15 | New York | $35,604 | $17.12 |
| 16 | Kansas | $31,978 | $15.37 |
| 17 | Pennsylvania | $32,163 | $15.46 |
| 18 | Vermont | $34,957 | $16.81 |
| 19 | Massachusetts | $35,503 | $17.07 |
| 20 | Nevada | $30,739 | $14.78 |
| 21 | California | $36,891 | $17.74 |
| 22 | Wyoming | $29,576 | $14.22 |
| 23 | New Hampshire | $33,753 | $16.23 |
| 24 | Connecticut | $34,304 | $16.49 |
| 25 | Utah | $30,280 | $14.56 |
| 26 | Delaware | $32,181 | $15.47 |
| 27 | Indiana | $31,434 | $15.11 |
| 28 | Ohio | $28,644 | $13.77 |
| 29 | Arkansas | $31,434 | $15.11 |
| 30 | Michigan | $29,199 | $14.04 |
| 31 | South Dakota | $28,682 | $13.79 |
| 32 | Maine | $31,535 | $15.16 |
| 33 | Alaska | $29,757 | $14.31 |
| 34 | Iowa | $29,584 | $14.22 |
| 35 | Texas | $28,565 | $13.73 |
| 36 | Idaho | $28,464 | $13.68 |
| 37 | North Carolina | $29,211 | $14.04 |
| 38 | Montana | $28,960 | $13.92 |
| 39 | Oklahoma | $29,081 | $13.98 |
| 40 | Florida | $26,671 | $12.82 |
| 41 | Nebraska | $27,192 | $13.07 |
| 42 | New Mexico | $28,968 | $13.93 |
| 43 | Louisiana | $28,386 | $13.65 |
| 44 | Georgia | $27,697 | $13.32 |
| 45 | Mississippi | $25,262 | $12.15 |
| 46 | South Carolina | $25,949 | $12.48 |
| 47 | Tennessee | $25,740 | $12.38 |
| 48 | Virginia | $27,476 | $13.21 |
| 49 | Missouri | $25,124 | $12.08 |
| 50 | Alabama | $23,802 | $11.44 |
| 51 | District of Columbia | $25,825 | $12.42 |
Highest paying cities for mortgage assistants
The highest-paying cities for mortgage assistants are Rockville, MD, Broomfield, CO, and Campbell, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rockville, MD | $38,349 | $18.44 |
| 2 | Broomfield, CO | $37,828 | $18.19 |
| 3 | Campbell, CA | $37,348 | $17.96 |
| 4 | New York, NY | $35,625 | $17.13 |
| 5 | Tacoma, WA | $34,682 | $16.67 |
| 6 | Chicago, IL | $34,008 | $16.35 |
| 7 | Phoenix, AZ | $33,762 | $16.23 |
| 8 | Minneapolis, MN | $33,438 | $16.08 |
| 9 | Fargo, ND | $31,858 | $15.32 |
| 10 | El Paso, TX | $31,261 | $15.03 |
| 11 | Des Moines, IA | $29,340 | $14.11 |
| 12 | Dearborn, MI | $29,214 | $14.05 |
| 13 | Juneau, AK | $29,190 | $14.03 |
| 14 | Baton Rouge, LA | $28,444 | $13.68 |
| 15 | Richmond, VA | $27,400 | $13.17 |
| 16 | Fort Lauderdale, FL | $26,864 | $12.92 |
| 17 | Lees Summit, MO | $25,231 | $12.13 |
| 18 | Huntsville, AL | $24,106 | $11.59 |
Mortgage assistant salary details
A mortgage assistant's salary ranges from $26,000 a year at the 10th percentile to $43,000 at the 90th percentile.
What is a mortgage assistant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $43,000 | $3,583 | $21 |
| 75th Percentile | $38,000 | $3,167 | $18 |
| Average | $33,961 | $2,830 | $16 |
| 25th Percentile | $29,000 | $2,417 | $14 |
| 10th Percentile | $26,000 | $2,167 | $13 |
Highest paying mortgage assistant jobs
The highest paying types of mortgage assistants are loan servicing specialist, mortgage loan processor, and loan specialist.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Loan Processor | $38,122 | $3,177 | $18.33 | 16,228 |
| Transaction Coordinator | $41,792 | $3,483 | $20.09 | 16,804 |
| Closing Coordinator | $39,066 | $3,256 | $18.78 | 19,203 |
| Loan Coordinator | $39,836 | $3,320 | $19.15 | 24,765 |
| Post Closer | $38,045 | $3,170 | $18.29 | 10,407 |
| Loan Closer | $39,093 | $3,258 | $18.79 | 11,431 |
Top companies hiring mortgage assistants now:
Which companies pay mortgage assistants the most?
Mortgage assistant salaries at DFCU Financial and Finance of America are the highest-paying according to our most recent salary estimates. In addition, the average mortgage assistant salary at companies like MUFG EMEA and BNP Paribas are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | DFCU Financial | $39,867 | $19.17 |
| 2 | Finance of America | $39,753 | $19.11 |
| 3 | MUFG EMEA | $38,690 | $18.60 |
| 4 | BNP Paribas | $38,606 | $18.56 |
| 5 | Alaska USA | $38,582 | $18.55 |
| 6 | Wells Fargo | $38,229 | $18.38 |
| 7 | Aerotek | $34,472 | $16.57 |
| 8 | Randstad North America, Inc. | $34,470 | $16.57 |
| 9 | Adecco | $33,806 | $16.25 |
| 10 | Main Street Savings Bank | $33,649 | $16.18 |
| 11 | Pelican State Credit Union | $33,465 | $16.09 |
| 12 | Robert Half | $33,384 | $16.05 |
| 13 | Community Bank, N.A. | $31,449 | $15.12 |
| 14 | R.M. Schulte & Associates | $30,864 | $14.84 |
Wage gap by gender, race and education
Mortgage assistant salary trends
The average mortgage assistant salary has risen by $5,377 over the last ten years. In 2014, the average mortgage assistant earned $28,584 annually, but today, they earn $33,961 a year. That works out to a 7% change in pay for mortgage assistants over the last decade.
Compare mortgage assistant salaries for cities or states with the national average over time.
Average mortgage assistant salary over time
Compare mortgage assistant salaries for individual cities or states with the national average.
Mortgage assistant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $34,000 | $16.33 | +1.8% |
| 2025 | $33,400 | $16.04 | +1.8% |
| 2024 | $32,700 | $15.74 | +2.1% |
| 2023 | $32,100 | $15.42 | +1.1% |
| 2022 | $31,700 | $15.25 | +2.4% |
Recently added mortgage assistant salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| CMG Financial | Mortgage Assistance Analyst I (Loss MIT) | Troy, MI | 06/27/2025 | $50,000 |
| Global Credit Union | Mortgage Assistant | Eagle, AK | 06/12/2025 | $45,633 |
| Bonney Staffing | Mortgage Assistant-NOW! 824164 | Bar Harbor, ME | 06/11/2025 | $43,827 |
| City National Corporation | Community Lending Mortgage Banker Assistant | Los Angeles, CA | 05/30/2025 | $50,000 |
| Global Credit Union | Mortgage Assistant | Oak Harbor, WA | 05/02/2025 | $45,633 |
| Bonney Staffing | Mortgage Assistant-NOW! 824164 | Bar Harbor, ME | 04/18/2025 | $43,827 |
| Guild Mortgage | Mortgage Lender Officer Assistant | Frankfort, IL | 03/28/2025 | $45,914 |
| CMG Financial | Mortgage Assistance Analyst II (Deceased/Sii/Transfer of Ownership/Assumptions/Recasts) | Troy, MI | 03/26/2025 | $60,000 |
| CMG Financial | Mortgage Assistance Analyst I (Loss MIT) | Troy, MI | 02/18/2025 | $50,000 |
| Farm Credit East | Mortgage Assistant (1902) | Enfield, CT | 02/18/2025 | $50,000 |
Mortgage assistant salary FAQs
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