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Mortgage Loan Originator salary in Phoenix,AZ
How much can you earn as a Mortgage Loan Originator in Phoenix,AZ?Mortgage Loan Originator in Phoenix, AZ earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Mortgage Loan Originator typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – Mortgage Loan Originator Phoenix, AZ
If you're considering a career as a Mortgage Loan Originator in Phoenix, AZ, it's important to understand the potential earning opportunities. Here's an overview of the current average salary and total compensation ranges for this role.
| Percentile | Average Salary |
|---|---|
| 25th Percentile | $60,000 |
| 50th Percentile (Median) | $75,000 |
| 75th Percentile | $95,000 |
Mortgage Loan Originator Salary by Experience Level
Your potential earnings as a Mortgage Loan Originator can also vary depending on your level of experience. Here's how the average salary changes with experience.
| Years of Experience | Estimated Total Compensation |
|---|---|
| 0-2 years | $50,000 - $65,000 |
| 3-5 years | $70,000 - $85,000 |
| 6-10 years | $85,000 - $105,000 |
| 10+ years | $105,000 - $130,000 |
Related Roles & Salaries
Wondering how the salary for a Mortgage Loan Originator compares to related roles in Phoenix, AZ? Here's a brief overview.
| Related Role | Typical Salary Range |
|---|---|
| Mortgage Loan Processor | $45,000 - $60,000 |
| Mortgage Underwriter | $60,000 - $80,000 |
| Mortgage Broker | $65,000 - $90,000 |
| Mortgage Loan Closer | $50,000 - $70,000 |
| Mortgage Banker | $70,000 - $100,000 |
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