Mortgage Originator Salary (United States)

The average salary for a Mortgage Originator is $39,684 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.
Mortgage Originator 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.
)
$24,027 - $68,890
(Median)
24K
30K
40K
51K
69K
MEDIAN: $39,683
10%
25%
50%
75%
90%
Add this chart to your site
Mortgage Originator 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.
)
$9.95 - $23.97
(Median)
9
12
15
19
24
MEDIAN: $15.00
10%
25%
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$50K$100K$150K
Salary
$24,027 - $68,890  
   
Bonus
$0.00 - $20,000  
Profit Sharing
$503 - $9,933  
Commission
$5,068 - $101,968  
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).
)
$28,936 - $104,537  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 297
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$25$50$75
Hourly Rate
$9.95 - $23.97  
   
Overtime
$14.62 - $31.42  
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$50K$100K$150K
Bonus
$0.00 - $20,000  
   
Commission
$5,068 - $101,968  
Profit Sharing
$503 - $9,933  
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).
)
$28,936 - $104,537  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 297
Is Mortgage Originator your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:
Job Description for Mortgage Originator
  • Develop referral base of other banks, agents, attorneys, CPAS, appraisers, realtors, and builders.
  • Ensure a continual volume of loan clients, applications, and closings for purchase or refinance.
  • Assist potential borrowers in loan application process and complete documentation for loan products.
  • Identify financial needs, make proposals, and close business of borrowers.
  • Assign approved applications to a processor for the closing process.
Read more about: Loan Officers
Common Career Paths for Mortgage Originator

Mortgage Originator Job Listings

Search for more jobs:
job title / company
location
Pay by Experience Level for Mortgage Originator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Mortgage Originator Salaries

Late-Career
up arrow 30%
Experienced
up arrow 17%
Mid-Career
up arrow 15%
National Average
$47,000
Entry-Level
up arrow 14%

Skills That Affect Mortgage Originator Salaries

National Average
$47,000
Sales
up arrow 21%
Customer Service
up arrow 25%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 62 votes.
Gender
Female
55%
female alumni
 
Male
45%
male alumni
Years of Experience
Less than 1 year
6%
1-4 years
42%
5-9 years
24%
10-19 years
19%
20 years or more
10%
Common Health Benefits
medical benefits Medical: 82% dental benefits Dental: 65%
vision benefits Vision: 46% employee benefits None: 16%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -