As of April 01, 2025, the average annual salary for a Mortgage Credit Analyst in the United States is $56,430. Salary.com reports that pay typically ranges from $50,969 to $60,440, with most professionals earning between $45,997 and $64,091.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $60,440 | $5,037 | $1,162 | $29 |
| Average | $56,430 | $4,703 | $1,085 | $27 |
| 25th Percentile | $50,969 | $4,247 | $980 | $25 |
An entry-level Mortgage Credit Analyst with less than 1 year of experience earns about $56,022. With 1-2 years of experience, the average salary increases to $56,550. For 2-4 years of experience, the pay typically rises to $57,447. Senior-level professionals with 5-8 years of experience earn around $57,627, and those with over 8 years of experience can expect an average of $57,747.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Credit Analyst | $56,022 |
| Intermediate Level Mortgage Credit Analyst | $56,550 |
| Senior Level Mortgage Credit Analyst | $57,447 |
| Specialist Level Mortgage Credit Analyst | $57,627 |
| Expert Level Mortgage Credit Analyst | $57,747 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Mortgage Credit Analyst compensation over the past six years. For example, the median salary increased from $59,923 in 2023 to approximately $59,474 in 2024. (For a detailed analysis of Mortgage Credit Analyst salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Mortgage Credit Analyst information for you to search for. Click on search button below to see Mortgage Credit Analyst job openings or enter a new job title here.
Here are companies hiring for Mortgage Credit Analyst and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $56,430 | 70.6% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,317 | 5.4% | ||
| 401K/403B | $2,652 | 3.3% | ||
| Disability | $451 | 0.6% | ||
| Healthcare | $6,056 | 7.6% | ||
| Pension | $3,104 | 3.9% | ||
| Time Off | $6,945 | 8.7% | ||
| Total Compensation | $79,955 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 24.0% |
| Associates | 4.0% |
| Bachelors | 64.0% |
| Masters | 8.0% |
What Am I Worth?
The average annual salary of Mortgage Credit Analyst is $56,430. In case you are finding an easy salary calculator, the average hourly pay of Mortgage Credit Analyst is $27; the average weekly pay of Mortgage Credit Analyst is $1,085; the average monthly pay of Mortgage Credit Analyst is $4,703.
A Mortgage Credit Analyst's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Mortgage Credit Analyst earns the most in San Jose, CA, where the annual salary of a Mortgage Credit Analyst is $71,175.
The highest pay for Mortgage Credit Analyst is $64,091.
The lowest pay for Mortgage Credit Analyst is $45,997.
Assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. May require a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Loan Review: Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
