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Average Mortgage Loan Funder Hourly Pay

$22.48
Avg. Hourly RateShow Salary
$4,887
Bonus
$4,898
Commission
$993
Profit Sharing
What am I worth?
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How should I pay?
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The average hourly pay for a Mortgage Loan Funder is $22.48.
10%
$16.75
MEDIAN
$22.48
90%
$29.36
Is Mortgage Loan Funder your job title? Find out what you should be paid
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Hourly Rate
$17 - $29
Bonus
$509 - $12,365
Profit Sharing
$964 - $1,017
Commission
$0 - $4,898
Total Pay
$34,440 - $64,542
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What Do Mortgage Loan Funders Do?

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

Job Satisfaction for Mortgage Loan Funder

3.7 out of 5
(41)
Highly Satisfied
1Review

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
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Mortgage Loan Funder Job Listings

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What Are Popular Skills for Mortgage Loan Funders?

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

What is the Pay by Experience Level for Mortgage Loan Funders?

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 $17.95 based on 10 salaries. An early career Mortgage Loan Funder with 1-4 years of experience earns an average total compensation of $19.95 based on 82 salaries. A mid-career Mortgage Loan Funder with 5-9 years of experience earns an average total compensation of $23.17 based on 54 salaries. An experienced Mortgage Loan Funder with 10-19 years of experience earns an average total compensation of $25.10 based on 57 salaries. In their late career (20 years and higher), employees earn an average total compensation of $27.
Employees with Mortgage Loan Funder in their job title in Irvine, California earn an average of 22.3% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (21.4% more) and Walnut Creek, California (18.8% more). The lowest salaries can be found in Dallas, Texas (19.9% less) and Tucson, Arizona (12.6% less).

Years of Experience

This data is based on 242 survey responses.
Entry Level
4.1%
Early Career
33.9%
Mid Career
22.3%
Experienced
23.6%
Late Career
16.1%