First Option Mortgage Salary

First Option Mortgage Salary

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As of April 2026, the average annual salary for employees at First Option Mortgage in the United States is $92,520. This translates to an approximate hourly wage of $44. Salaries at First Option Mortgage typically range from $81,125 to $105,024 annually, reflecting the diverse roles and experience levels within the company.

How Much Does First Option Mortgage Pay for Different Roles?

Explore detailed salary information for specific jobs at First Option Mortgage. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at First Option Mortgage.
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About First Option Mortgage: Company Profile

Website
Data pending, update soon.
Founded In
2017
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
MINNETRISTA
Revenue
<$5 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into First Option Mortgage's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Meetings are regular and productive, though they can feel repetitive. The company fosters a culture of continuous learning through access to industry certifications and workshops. Management is supportive and values diverse perspectives, leading to an inclusive work environment. It’s a professional and rewarding work environment.
Commented in February 09, 2025
29
1
The work is challenging but rewarding, and colleagues are supportive. What impresses me most is how executives balance driving results with maintaining an ethical, employee-friendly culture. The focus on sustainable productivity prevents burnout. Doing good while doing well is truly embodied here. We're encouraged to do what's right, not just what's profitable.
Commented in February 09, 2025
37
3
Strong corporate values and ethics. The collaborative spirit here is unmatched. It’s a high-performing yet people-first workplace. Goals are set collaboratively with regular check-ins. The leadership team is professional and approachable. Decisions happen without bureaucracy. The rationale behind changes is always explained.
Commented in November 01, 2024
22
0
This unwavering focus provides a clear sense of purpose and makes the work deeply satisfying, knowing we're making a real difference in their financial well-being. The leadership team is ethical, focused, and genuinely interested in long-term success. The company's reputation in the industry is stellar, providing pride in our work. Clear career progression paths available here.
Commented in August 12, 2024
38
1
Training is provided but sometimes lacks relevance or follow-through. Time limits are enforced. Leadership is approachable and listens carefully. My role has remained largely unchanged, which provides comfort.
Commented in January 01, 2024
41
3

How First Option Mortgage's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating First Option Mortgage’s pay competitiveness. Click on a company for a deeper dive.

Is First Option Mortgage’s Pay Competitive? Salary Benchmarking Analysis

How does First Option Mortgage's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
FINANCE OF AMERICA COMPANIES $88,528
-4.3%
Normalized for lower cost-of-living zones where FINANCE OF AMERICA COMPANIES primarily operates.
FOX COMMUNITIES CREDIT UNION $83,061
-10.2%
FOX COMMUNITIES CREDIT UNION focuses strategically on recruiting and training entry-level apprentices.
FINACIAL SERVICES PROVIDER $85,934
-7.1%
Typical compensation structure for smaller regional agencies like FINACIAL SERVICES PROVIDER.
MISSION MORTGAGE LLC $78,286
-15.4%
MISSION MORTGAGE LLC may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+31.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at First Option Mortgage.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from First Option Mortgage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of First Option Mortgage salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About First Option Mortgage

FAQ 1: How much does a First Option Mortgage employee make?
First Option Mortgage pays its employees an average of $92,520 per year. The average salary at First Option Mortgage range from $81,125 to $105,024 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: Which similar company tend to pay more or less than First Option Mortgage?
The salary at First Option Mortgage is higher than the similar company. The average annual salary at First Option Mortgage is $92,520, or an hourly wage of $44, in comparison to FINANCE OF AMERICA COMPANIES which pays $88,528 per year or $43 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at First Option Mortgage?
In many roles at First Option Mortgage, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Minneapolis affect the perceived value of a First Option Mortgage salary?
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from First Option Mortgage based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does First Option Mortgage typically offer employees?
First Option Mortgage generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at First Option Mortgage" section on this page.

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