Median of all compensation (including tips, bonus, and overtime) by years of experience.
At career start, salaries are typically $38K, which grows to $44K after five to 10 years. Those who spend a decent amount of time in this profession—one to two decades—usually make about $49K. After working for two decades in the field, Mortgage Loan Funders experience a drop in salary, averaging $42K. Experienced employees who have 10-20 years of experience make up 27 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining 12 percent. More than half of respondents report one to nine years of experience.