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Mortgage loan originator salary in California

How much does a Mortgage Loan Originator make in California?

Average base salary

$307,375
arrow up9%
above national average
Commission
$11,750per year
Non-cash benefit
401(k)
View more benefits

The average salary for a mortgage loan originator is $307,375 per year in California and $11,750 commission per year.417 salaries reported, updated at September 12, 2022

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Salaries by years of experience in California

Years of experiencePer year
Less than 1 year
1 to 2 years
3 to 5 years
6 to 9 years
More than 10 years
View job openings with the years of experience that is relevant to you on Indeed
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Top companies for Mortgage Loan Originators in California

  1. Eastern Union
    4.5star
    33 reviews627 salaries reported
    $286,006per year
  2. $214,888per year
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Highest paying cities for Mortgage Loan Originators near California

  1. San Francisco, CA
    $346,720 per year
    17 salaries reported
  2. Los Angeles, CA
    $311,116 per year
    26 salaries reported
  3. Irvine, CA
    $308,713 per year
    17 salaries reported
  1. San Diego, CA
    $304,168 per year
    28 salaries reported
  2. Sacramento, CA
    $303,174 per year
    23 salaries reported
  3. Long Beach, CA
    $293,488 per year
    15 salaries reported
  1. Orange, CA
    $292,697 per year
    7 salaries reported
  2. Costa Mesa, CA
    $292,008 per year
    9 salaries reported
  3. Santa Ana, CA
    $286,651 per year
    6 salaries reported
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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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Best-paid skills and qualifications for Mortgage Loan Originators

Top licenses
Real Estate Broker
+51.70%salary
Top skills
Pricing
+63.92%salary

More critical skills and qualifications that pay well

Top LicensesSalaryJob openingsCompanies
4 jobs7
159 jobs373
4 jobs9
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Most common benefits for Mortgage Loan Originators

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Opportunities for advancement
  • Paid time off
  • Referral program
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance
  • Work from home
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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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How much do similar professions get paid in California?

Loan Officer

890 job openings

Average $234,150 per year

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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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