A Mortgage Loan Funder earns an average salary of $41,411 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. A skill in Mortgage Loans is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this field.
Mortgage Loan Funder Total Pay (?
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.
)
$29,706 - $55,864
(Median)
30K
35K
41K
49K
56K
MEDIAN: $41,411
10%
25%
50%
75%
90%
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Mortgage Loan Funder Total Pay (?
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.
)
$12.39 - $24.09
(Median)
12
15
17
20
24
MEDIAN: $17.00
10%
25%
50%
75%
90%
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National Salary 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$20K$40K$60K
Salary
$29,706 - $55,864  
   
Bonus
$0.00 - $7,047  
Commission
$0.00 - $9,586  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,207 - $58,542  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 264
National Hourly Rate 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$13$26$39
Hourly Rate
$12.39 - $24.09  
   
Overtime
$14.92 - $37.43  
National Annualized 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$26K$52K$78K
Bonus
$0.00 - $7,047  
   
Commission
$0.00 - $9,586  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,207 - $58,542  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 264
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Mortgage Loan Funder Job Listings

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Job Description for Mortgage Loan Funder
  • Oversee processing of closing documents for loans.
  • Ensure that loans are funded.
Read more about: Loan Officers
Pay by Experience Level for Mortgage Loan Funder
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Irvine
up arrow 21%
San Diego
up arrow 11%
National Average
$41,000
Dallas
up arrow 3%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Mortgage Loan Funder Salaries

Experienced
up arrow 15%
Mid-Career
up arrow 7%
Late-Career
up arrow 1%
National Average
$41,000
Entry-Level
up arrow 7%

Skills That Affect Mortgage Loan Funder Salaries

Document Review and Distribution
up arrow 10%
National Average
$41,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 40 votes.
Gender
Female
78%
female alumni
 
Male
22%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
38%
5-9 years
25%
10-19 years
25%
20 years or more
11%
Common Health Benefits
medical benefits Medical: 75% dental benefits Dental: 71%
vision benefits Vision: 58% employee benefits None: 22%
Find Out Exactly What You Should Be Paid
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