Private Mortgage Banker Salary in New York, NY

How much does a Private Mortgage Banker make in New York, NY?

As of April 01, 2025, the average annual salary for a Private Mortgage Banker in New York, NY is $58,824. Salary.com reports that pay typically ranges from $50,649 to $68,567, with most professionals earning between $43,207 and $77,437.

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Salary range for a Private Mortgage Banker

$50,649 to $68,567

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Private Mortgage Banker

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Job Openings for Private Mortgage Banker in New York, NY

What does a Private Mortgage Banker do?

Common responsibilities of a Private Mortgage Banker

Adhere to all Federal and State laws and regulations applicable to the firm.

September 14, 2022

Interviews potential applicants to develop information concerning their needs, desires and other information.

February 05, 2023

Obtains and review pertinent financial and credit data.

February 20, 2023

Develop and implement processes that enable a team of private mortgage bankers to deliver expert advice and counsel in order to solve complex liability management needs for high net worth clients and financial advisors.

March 22, 2023

Receive customer applications, quote the rate and points, and complete follow-up activities with the registration lock-in.

March 29, 2023

Demonstrate leadership abilities, organizational skills and proficiency in working in a fast paced, demanding and dynamic environment.

April 16, 2023

Understand real estate appraisals, title reports, and real estate transactions.

April 30, 2023

Manage a team of private mortgage bankers who function as a single point of contact to clients and financial advisors throughout the loan process (end to end) in a Telesales environment.

May 03, 2023

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Private Mortgage Banker Salary By Experience Levels in New York, NY

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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.

Private Mortgage Banker Salary By Level of Education in New York, NY

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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 Private Mortgage Banker in New York, NY

Average Base Salary

Core compensation

50649

68567

58824

Average Total Cash Compensation

Includes base and annual incentives

58170

93507

72741

What is the average salary for Private Mortgage Banker in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Private Mortgage Banker in New York, NY. The base salary for Private Mortgage Banker ranges from $50,649 to $68,567 with the average base salary of $58,824. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,170 to $93,507 with the average total cash compensation of $72,741.

View Average Salary for Private Mortgage Banker as table

	Average Salary	Average Salary Range
Base Salary	$58,824	$50,649 - $68,567
Bonus	$13,917	$7,521 - $24,940
Total Pay	$72,741	$58,170 - $93,507

* 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.

Private Mortgage Banker Salary Near New York, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO New York, NY
CITY, STATE West New York, NJ	AVERAGE SALARY RANGE $50,649 - $68,567	COMPARE TO New York, NY 0%
CITY, STATE Hoboken, NJ	AVERAGE SALARY RANGE $50,649 - $68,567	COMPARE TO New York, NY 0%
CITY, STATE Union City, NJ	AVERAGE SALARY RANGE $50,649 - $68,567	COMPARE TO New York, NY 0%
CITY, STATE Jersey City, NJ	AVERAGE SALARY RANGE $50,649 - $68,567	COMPARE TO New York, NY 0%
CITY, STATE Bronx, NY	AVERAGE SALARY RANGE $50,649 - $68,567	COMPARE TO New York, NY 0%
CITY, STATE Brooklyn, NY	AVERAGE SALARY RANGE $50,649 - $68,567	COMPARE TO New York, NY 0%

See salaries for Private Mortgage Banker in locations close to New York, NY. 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 New York, New York

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...

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

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The Private Mortgage Banker 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 New York, NY that might be a good fit for the type of job and salary you are looking for.

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50649

68567

About New York, New York The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York area prices were up 1.6% from a year ago

Private Mortgage Banker Salary in popular cities: Buffalo, Rochester, Yonkers

Recently searched related titles: Loan Officer Trainee, Home Equity Specialist, Junior Mortgage Consultant

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