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Summit Mortgage salaries
Summit Mortgage salary estimate
$63,146yearly
Summit Mortgage Salary Overview
At Summit Mortgage, the average salary stands at $63,146 annually, reflecting the company's commitment to fair compensation. Salaries vary significantly based on location and department. For instance, employees in management roles often receive higher compensation compared to entry-level positions. In states with a higher cost of living, such as California and New York, salaries may be adjusted accordingly.
Key Salary Insights
- Starting Pay: Entry-level positions typically start at competitive rates, making it an attractive option for new graduates.
- Departmental Variations: Salaries differ across departments, with roles in finance and operations generally earning more.
- Location-Based Adjustments: Locations like Denver and Minneapolis offer higher pay scales compared to smaller markets.
Understanding these dynamics helps potential employees gauge their earning potential within the company.
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Average Summit Mortgage salary by state
Summit Mortgage pays the highest salaries in California due to higher costs of living and competition in the state.
| Rank | State | Average Summit Mortgage salary | Hourly rate |
|---|---|---|---|
| 1 | California | $73,916 | $35.54 |
| 2 | Washington | $72,664 | $34.93 |
| 3 | Oregon | $66,642 | $32.04 |
| 4 | Virginia | $66,079 | $31.77 |
| 5 | Pennsylvania | $64,770 | $31.14 |
| 6 | Minnesota | $64,218 | $30.87 |
| 7 | Colorado | $63,832 | $30.69 |
| 8 | Florida | $58,649 | $28.20 |
| 9 | Idaho | $58,392 | $28.07 |
How much does Summit Mortgage pay by location?
Highest paying Summit Mortgage locations
| Rank | Location | Average Summit Mortgage salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $74,647 | $35.89 |
| 2 | Alhambra, CA | $73,597 | $35.38 |
| 3 | Edison, NJ | $70,670 | $33.98 |
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Summit Mortgage salaries by department
Salaries at Summit Mortgage vary depending on the department you work in. Summit Mortgage salaries in the engineering department are the highest with an average salary of $96,962. Employees in the it department at Summit Mortgage receive relatively high salaries as well, with an average salary of $80,552 per year. Departments that don't pay as well at Summit Mortgage include the customer service and the retail organizational functions, with employees earning average salaries of $38,771 and $39,851, respectively.
Average Summit Mortgage salary by department
| Rank | Department | Average Summit Mortgage salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $96,962 | $46.62 |
| 2 | IT | $80,552 | $38.73 |
| 3 | Finance | $55,822 | $26.84 |
| 4 | Administrative | $42,939 | $20.64 |
| 5 | Retail | $39,852 | $19.16 |
| 6 | Customer Service | $38,772 | $18.64 |
Frequently asked questions about Summit Mortgage salaries
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Zippia gives an in-depth look into the details of Summit Mortgage, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Summit Mortgage. The employee data is based on information from people who have self-reported their past or current employments at Summit Mortgage. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Summit Mortgage. The data presented on this page does not represent the view of Summit Mortgage and its employees or that of Zippia.
Summit Mortgage may also be known as or be related to Summit Home Mortgage Inc and Summit Mortgage.