Mortgage Advisor Salary in Chicago, Illinois

How much does a Mortgage Advisor make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Mortgage Advisor in Chicago, IL is $52,454. According to Salary.com, salaries can range from a low of $38,528 to a high of $69,051, with most professionals earning between $45,164 and $61,141.

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Salary range for a Mortgage Advisor

$45,164 to $61,141

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Mortgage Advisor

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See user submitted job responsibilities for Mortgage Advisor.

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Job Openings for Mortgage Advisor in Chicago, IL

What does a Mortgage Advisor do?

Common responsibilities of a Mortgage Advisor

Develops and maintains strong relationships with Weichert Realtors Sales Associates for the purpose of recommending and selling mortgage products which meet the qualified customer's needs.

January 30, 2023

Adhere to all federal and state compliance guidelines relative to the position.

December 26, 2022

Communicates both verbally and in writing to member inquiries pertaining to all functions related to the mortgage loan process.

January 12, 2023

Maintains and submits a source-of-business log monthly to supervisor.

February 01, 2023

Meet with prospective borrowers to analyze and collect relevant financial and credit data, determine client objectives, review financing options, and advise them on suitable loan financing options.

February 08, 2023

Ordering credit reports, appraisals, and title reports ensuring accurate and timely completion of mortgage loan applications and other documents.

March 15, 2023

Assists customers with routine account related questions and requests as well as collection of payments.

April 12, 2023

Demonstrated experience in learning needs analysis, in addition to the diagnosis, analysis, design and implementation of learning and development solutions in a multi- geography context.

April 15, 2023

Required to communicate in writing and create collection letters and management reports.

April 15, 2023

Completes each loan application and all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three business-day period.

May 18, 2023

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Mortgage Advisor Salary By Experience Levels in Chicago, IL

How much should you be earning in Mortgage Advisor in Chicago, IL based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Mortgage Advisor Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Mortgage Advisor in Chicago, IL

Average Base Salary

Core compensation

45164

61141

52454

Average Total Cash Compensation

Includes base and annual incentives

51871

83381

64864

What is the average salary for Mortgage Advisor in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Advisor in Chicago, IL. The base salary for Mortgage Advisor ranges from $45,164 to $61,141 with the average base salary of $52,454. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,871 to $83,381 with the average total cash compensation of $64,864.

View Average Salary for Mortgage Advisor as table

	Average Salary	Average Salary Range
Base Salary	$52,454	$45,164 - $61,141
Bonus	$12,410	$6,706 - $22,239
Total Pay	$64,864	$51,871 - $83,381

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Mortgage Advisor Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $45,164 - $61,141	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $45,164 - $61,141	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $45,112 - $61,070	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $45,147 - $61,118	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $45,147 - $61,118	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $44,220 - $59,863	COMPARE TO Chicago, IL

See salaries for Mortgage Advisor in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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