Mortgage Loan Specialist Salary (United States)

The average wage for a Mortgage Loan Specialist is $15.94 per hour. Most people with this job move on to other positions after 20 years in this field.
Mortgage Loan Specialist 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.
)
$29,103 - $50,695
(Median)
29K
37K
43K
51K
MEDIAN: $36,963
10%
50%
75%
90%
Add this chart to your site
Mortgage Loan Specialist 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.
)
$12.64 - $20.31
(Median)
13
16
18
20
MEDIAN: $15.00
10%
50%
75%
90%
Add this chart to your site

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$17K$34K$51K
Salary
$29,103 - $50,695  
   
Bonus
$0.00 - $6,050  
Commission
$-0.49 - $9,826  
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).
)
$28,273 - $49,653  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 294
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$12$24$36
Hourly Rate
$12.64 - $20.31  
   
Overtime
$17.94 - $34.07  
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$24K$48K$72K
Bonus
$0.00 - $6,050  
   
Commission
$-0.49 - $9,826  
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).
)
$28,273 - $49,653  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 294
Is Mortgage Loan Specialist your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Job Description for Mortgage Loan Specialist

  • Oversee processing of closing documents for loans.
  • Ensure that loans are funded.

Mortgage Loan Specialist Job Listings

Search for more jobs:
job title / company
location

Popular Employer Salaries for Mortgage Loan Specialist

Pay by Experience Level for Mortgage Loan Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Dallas
up arrow 13%
National Average
$36,000
Richmond
up arrow 8%
Birmingham
up arrow 11%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Mortgage Loan Specialist Salaries

Late-Career
up arrow 27%
Experienced
up arrow 7%
Mid-Career
up arrow 1%
National Average
$36,000
Entry-Level
up arrow 4%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 67 votes.

Gender

Female
72%
female alumni
 
Male
28%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
48%
5-9 years
28%
10-19 years
15%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 76%
vision benefits Vision: 59% employee benefits None: 15%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -