Mortgage loan originator

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How much does a Mortgage Loan Originator make in the United States?

Average base salary
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2.1k salaries reported, updated at May 21, 2020
$86,890
per year
The average salary for a mortgage loan originator is $86,890 per year in the United States and $27,600 commission per year.
Additional compensation
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Commission
$27,600
per year
Most common benefits
  • Vision insurance
  • Dental insurance
  • Flexible schedule
  • 401(k)
  • Health insurance

Salaries by years of experience in the United States

Salaries by years of experience in the United States

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Where can a Mortgage Loan Originator earn more?

Compare salaries for Mortgage Loan Originators in different locations
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Most common benefits for Mortgage Loan Originators

  • Vision insurance
  • Dental insurance
  • Flexible schedule
  • 401(k)
  • Health insurance
  • Tuition reimbursement
  • Paid time off
  • Retirement plan
  • Professional development assistance
  • Health savings account
  • 401(k) matching
  • Disability insurance

Salary satisfaction

Based on 132 ratings

51% of Mortgage loan originators in the United States think their salaries are enough for the cost of living in their area

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Frequently asked questions
Common questions about salaries for a Mortgage Loan Originator

How can I know if I am being paid fairly as a mortgage loan originator?

If you’re unsure about what salary is appropriate for a mortgage loan originator, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.

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Do mortgage loan originators receive a commission?

Most mortgage loan originators receive a commission on the loans they originate. The size of the commission and how it is calculated differs for each financial institution. Larger banks tend to pay their mortgage loan originators a salary plus a small percentage of the final mortgage amount. Smaller banks might pay a salary plus a percentage of the fees.

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How much do similar professions to mortgage loan originator get paid?

Check the below Indeed career pages for the detailed pay ranges for the similar professions to mortgage loan originator here:

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