Mortgage Branch Manager Salary in Chicago, IL

How much does a Mortgage Branch Manager make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Mortgage Branch Manager in Chicago, IL is $150,347. According to Salary.com, salaries can range from a low of $89,634 to a high of $218,341, with most professionals earning between $118,568 and $185,938.

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Salary range for a Mortgage Branch Manager

$118,568 to $185,938

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Mortgage Branch Manager

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Job Openings for Mortgage Branch Manager in Chicago, IL

What does a Mortgage Branch Manager do?

Common responsibilities of a Mortgage Branch Manager

Actively works with customers to understand each customer's normal account activity, as appropriate for this position.

October 09, 2022

Demonstrated ability to interact with branch manager and corporate departments, to lead, direct and motivate a successful sales team of professionals, and to recruit and hire mortgage professionals.

January 29, 2023

Recruits, helps to train, and manages the loan officer staff in accordance with company and industry standards.

February 25, 2023

Review, control, and reports on general ledger activity.

March 09, 2023

Manage day-to-day local operations including hiring, termination and employee relations of local employees and sales staff in accordance with Company policy and procedure.

April 08, 2023

Develops and maintains a marketing strategy for the branch, promoting the business of the branch and Employer, and expanding Employer's market share.

April 17, 2023

Build rapport with new and existing clients.

May 20, 2023

Maintains a professional image and adheres to standards consistent with company policies and procedures.

May 21, 2023

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Mortgage Branch Manager Salary By Experience Levels in Chicago, IL

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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 Branch Manager 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 Branch Manager in Chicago, IL

Average Base Salary

Core compensation

118568

185938

150347

Average Total Cash Compensation

Includes base and annual incentives

146569

292830

196349

What is the average salary for Mortgage Branch Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Branch Manager in Chicago, IL. The base salary for Mortgage Branch Manager ranges from $118,568 to $185,938 with the average base salary of $150,347. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $146,569 to $292,830 with the average total cash compensation of $196,349.

View Average Salary for Mortgage Branch Manager as table

	Average Salary	Average Salary Range
Base Salary	$150,347	$118,568 - $185,938
Bonus	$46,001	$28,001 - $106,892
Total Pay	$196,349	$146,569 - $292,830

* 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 Branch Manager Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $118,568 - $185,938	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $118,568 - $185,938	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $118,430 - $185,722	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $118,522 - $185,866	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $118,522 - $185,866	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $116,089 - $182,052	COMPARE TO Chicago, IL

See salaries for Mortgage Branch Manager 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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The Mortgage Branch Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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118568

185938

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 mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Mortgage Branch Manager Salary in popular cities: Aurora, Rockford, Joliet

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