Mortgage Banker Salary in Salem, Oregon

Mortgage Banker Salary in Salem, OR

How much does a Mortgage Banker make in Salem, OR?

As of April 01, 2025, the average annual salary for a Mortgage Banker in Salem, OR is $117,064. Salary.com reports that pay typically ranges from $107,011 to $126,624, with most professionals earning between $97,857 and $135,328.

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Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Banker Salary $97,857 Salem,OR April 01, 2025
25th Percentile Mortgage Banker Salary $107,011 Salem,OR April 01, 2025
50th Percentile Mortgage Banker Salary $117,064 Salem,OR April 01, 2025
75th Percentile Mortgage Banker Salary $126,624 Salem,OR April 01, 2025
90th Percentile Mortgage Banker Salary $135,328 Salem,OR April 01, 2025
25% $107,011 10% $97,857 90% $135,328 75% $126,624 $117,064 50%(Median) Didn’t find job title? Click
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What is a Mortgage Banker ?

Mortgage bank is a bank that specializes in originating and/or servicing mortgage loans. In the US a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital. Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, which are typically large institutions. The credit risk is typically absorbed by the Agencies, which include Fannie Mae, or ...

Source: Wikipedia (as of 04/25/2019). Read more from Wikipedia

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Average Base Salary

Core compensation

 
 
 
107011
126624
117064

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
107011
126624
117064
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Banker in Salem, OR. The base salary for Mortgage Banker ranges from $107,011 to $126,624 with the average base salary of $117,064. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $107,011 to $126,624 with the average total cash compensation of $117,064.

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107011
126624

 

About Salem, Oregon    Salem /ˈseɪləm/ is the capital of the U.S. state of Oregon, and the county seat of Marion County. It is located in the center of the Willamette Valley....More

Salem, Oregon  area prices were up 3.9% from a year ago

Mortgage Banker Salary in popular cities: Portland, Eugene, Gresham

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Mortgage Banker : Closing Team Lead, Mortgage Production Manager, Mortgage Account Manager