Loan Officers Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
Average annual salary for a Mortgage Loan Funder is $40698 based on statistics in the U.S. as of 2015. The highest salary recorded was $60432. The lowest salary reported was $29369. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Mortgage Loan Funder is $16.195 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $20.13. The lowest hourly rate recorded was $12.26. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Mortgage Loan Funder are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $0 from people with 15+ years of experience. The average bonus recorded was $100 from people with under 1 year of experience.
These are the highest paying states for a Mortgage Loan Funder. These numbers are based of the median annual salary as of 2015.
California – $28,123 – $61,112 Illinois – n/a Michigan – n/a North Carolina – $34,125 – $45,900 Pennsylvania – n/a Texas – $29,799 – $44,042 Washington – $41,330 – $54,500
These are the highest paying cities for a Mortgage Loan Funder. These numbers are based of the median annual salary as of 2015.
Irvine, California – San Diego, California – Dallas, Texas – Charlotte, North Carolina – Seattle, Washington – Bellevue, Washington – San Ramon, California –
This chart outlines the average annual salary of a Mortgage Loan Funder from the past 5 years. In 2015 the average annual salary was $40698 while in 2007 it was just $37742.61
Job Outlook
Gender Statistics
Related Jobs
21%
79%
Based on our stats gathered across the U.S. 21% of Mortgage Loan Funders were males while 79% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.