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Average Salary for Flagstar Bank Employees

Flagstar Bank employees bring home $52K per year on average. At Flagstar Bank, the biggest piece of the paycheck puzzle is your experience level — it impacts salary more than anything else — though where you live and your role at the company each factor into the equation as well. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Flagstar Bank typically pays:
-3%
below market

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Employer: Flagstar Bank
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
[-]Financial Service Representative (FSR) (3)
$25,111 - $44,956  
   
[-]Financial Service Representative (FSR) (3)
Bonus$303.53 - $5,021  
   
Total Pay$25,111 - $44,956  
[+]Loan Review Analyst (2)
$30,016 - $62,105  
   
[+]Loan Review Analyst (2)
Total Pay$30,016 - $62,105  
   
[+]Assistant Vice President (AVP), Mortgage Lending (2)
$44,871 - $93,725  
   
[+]Assistant Vice President (AVP), Mortgage Lending (2)
Salary$41,643 - $81,709  
   
Bonus$1,032 - $11,127  
Total Pay$44,871 - $93,725  
[+]Loan Underwriter, Mortgage (2)
$44,068 - $78,685  
   
[+]Loan Underwriter, Mortgage (2)
Salary$43,485 - $73,586  
   
Total Pay$44,068 - $78,685  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 51

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Years of Experience

Workers who have been with the company for more than one year but less than five can make approximately $45K annually on average. Overall, the greater share of Flagstar Bank folks have five to nine years of experience and earn an average $64K per year.

Jobs

Mortgage Loan Underwriters earn the highest median pay at about $60K annually, followed by Assistant VPs of Mortgage Lending (around $54K) per year.

Certifications and Degrees

Certified Information Systems Auditors are compensated at a much higher rate than non-authorized workers, bringing in close to $95K annually. Bigger paychecks are awarded to Direct Endorsement Certifications with credentials; these people earn $66K per year on average. Flagstar Bank workers who hold a Master of Business Administration (MBA), Finance are also well compensated, earning around $69K on average.

Skills

The highest-paying skill in this position seems to be Investment Management; individuals who report it as part of the repertoire have a median income of $69K annually. Mortgage Loans is considered a run-of-the-mill skill; slightly less than one-fifth of Flagstar Bank's people use it regularly. Employees also tend to round out their skills sets with Microsoft Office, People Management, and Operations Management.

Benefits and Perks

The vast majority of survey participants contribute to 401(k) savings accounts sponsored by the firm. Perks cover health insurance for a large number of workers and dental coverage for a fair number of workers. The company also dishes out perks such as life insurance, a casual working environment, flexible hours, tuition reimbursement, and gym membership.

Key Stats for Flagstar Bank

Gender

Female
59 %
Male
41 %
Salary
$39,149 - $65,339
Salary
$42,894 - $103,177
1-4 years
31%
5-9 years
31%
10-19 years
23%
20 years or more
15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
United States (change)

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