What is the typical salary range for a Mortgage Loan Originator in New York, NY? As of, the salary range for a Mortgage Loan Originator in New York, NY is $116,256. The typical range is between $97,907 and $129,698. Salary ranges can differ significantly based on a number of significant factors, such as years of experience, education, certifications, and additional skills. More online, real-time data on compensation than any other website is available at Salary com helps you determine your exact pay target.
Loan Originator
Make sure this is the position you’re looking for by reviewing the job openings and experience requirements for the Loan Originator position.
Are you an HR manager or compensation specialist?
Salary.coms CompAnalyst platform offers:
- Detailed skills and competency reports for specific positions
- Job and employee pricing reports
- Compensation data tools, salary structures, surveys and benchmarks.
Average Total Cash Compensation
The average salary for 45748 63350 53308, which includes base and annual incentives, is
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $52,907 | $45,492 – $62,889 |
| Bonus | $401 | $256 – $462 |
| Total Pay | $53,308 | $45,748 – $63,350 |
Discover how your pay is adjusted for skills, experience, and other factors
Please provide more details about your role in the four categories below for a real-time salary target. 45492 62889.
I manage people and report to a supervisor with relevant work experience.
About New York, New York: The most populous city in the country is the City of New York, also known as New York City (NYC) or just New York (NY). With an estim. More.
New York, New York area prices were up 1. 6% from a year ago.
Positions like Endpoint Administrator, Football Coach, and Infantry Soldier pay comparable to Loan Originator
FAQ
Is it hard to make money as a mortgage loan originator?
Even though your early career earnings may be lower, many MLOs can easily make six figures once they’ve gained enough industry experience. Beyond that, there are probably non-commission ways to boost your take-home pay.
What is the difference between a loan officer and originator?
Unlike a loan officer, who is the person clients work with during the application process, an MLO can also be a lending institution or a person. The primary responsibility of a loan officer is to assist applicants with the application process and to confirm the client’s documentation and important data.
What is the highest paid MLO?
Top mortgage loan officer positions can earn up to $242,000 annually. An organization employs mortgage loan officers to assist clients in obtaining mortgage loans for the purchase or refinancing of real estate.
How much do mortgage loan officers make in NY?
In the New York City, NY area, the average annual salary for a Mortgage Loan Officer is $77,887, and their estimated total compensation is $149,586. The midpoint of the ranges from our unique Total Pay Estimate model, which is based on salaries gathered from our users, is represented by these numbers, which are called the median.
Read More :
https://www.indeed.com/career/mortgage-loan-originator/salaries/New-York–NY
https://www.salary.com/research/salary/recruiting/loan-originator-salary/new-york-ny