Average Mortgage Loan Funder Hourly Pay

$21.46
Avg. Hourly RateShow Salary
$3,800
Bonus
$5,750
Commission
$750
Profit Sharing
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The average hourly pay for a Mortgage Loan Funder is $21.46.
10%
$16.01
10%
$21.46
50%
$28.03
90%
90%
MEDIAN $21.46
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United States (change)
Hourly Rate
$16 - $28
Bonus
$505 - $12,080
Profit Sharing
$442 - $1,006
Commission
$0 - $5,750
Total Pay
$34,537 - $62,775

Your Market Worth Over Time

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Job Description for Mortgage Loan Funder

Mortgage Loan Funder Tasks
  • Ensure that loans are funded.
  • Oversee processing of closing documents for loans.

Popular Employer Salaries for Mortgage Loan Funder

Career Paths

Explore the most common career paths for Mortgage Loan Funder. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Mortgage Loan Funder
Mortgage Loan Closer
Loan Closer
Product Development Specialist
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Mortgage Loan Funder Job Listings

Popular Skills for Mortgage Loan Funder

Skills in Mortgage Loans, Residential Loans and Loan Processing are correlated to pay that is above average. Skills that pay less than market rate include Customer Service and Loan Documents.

Pay by Experience Level for Mortgage Loan Funder

An entry-level Mortgage Loan Funder with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $17.51 based on 13 salaries. An early career Mortgage Loan Funder with 1-4 years of experience earns an average total compensation of $19.37 based on 117 salaries. A mid-career Mortgage Loan Funder with 5-9 years of experience earns an average total compensation of $22.41 based on 66 salaries. An experienced Mortgage Loan Funder with 10-19 years of experience earns an average total compensation of $24.50 based on 85 salaries. In their late career (20 years and higher), employees earn an average total compensation of $26.
Employees with Mortgage Loan Funder in their job title in Irvine, California earn an average of 27.3% more than the national average. These job titles also find higher than average salaries in Orange, California (17.8% more) and San Francisco, California (16.3% more). The lowest salaries can be found in Dallas, Texas (19.2% less).

Years of Experience

This data is based on 332 survey responses.
Entry Level
3.9%
Early Career
35.2%
Mid Career
19.9%
Experienced
25.6%
Late Career
15.4%