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Broker Mortgage Lending Salary in Petal, MS

How much does a Broker Mortgage Lending make in Petal, MS?

$63,038 (USD)/year

Average Bonus

$8,825 (USD)

per Year
Total Compensation

$70,705.32

As of July, 23, 2026, the average broker mortgage lending gross salary in Petal, Mississippi is $63,038 or an equivalent hourly rate of $30. In addition, broker mortgage lendings earn an average bonus of $8,825. An entry level broker mortgage lending with 1-3 years of experience earns an average salary of $36,875. At the higher end of the pay range, a senior level broker mortgage lending with 8+ years of experience earns an average salary of $71,039. Salary estimates are based on salary survey data collected directly from employers in Petal, Mississippi.
Data powered by ERI

Salary Potential for a Broker Mortgage Lending

Explore the estimated salary growth for a Broker Mortgage Lending in Petal, MS for up to 5 years. The estimated salary of a Broker Mortgage Lending will be $64,671 in 1 year and $71,637 in 5 years.
View Salary by Year
Estimated Salary
$66,346
Average Growth
5.2 %
The estimated salary for a Broker Mortgage Lending in 2 years is $66,346, which is 5.2 % average growth. This information is based on ERI's compensation database.

Typical Broker Mortgage Lending Education

This chart displays the highest level of education for Broker Mortgage Lendings.

  • 0% of Broker Mortgage Lendings have less than a High School Diploma
  • 100% of Broker Mortgage Lendings have a High School Diploma
  • 0% of Broker Mortgage Lendings have an Associate's Degree
  • 0% of Broker Mortgage Lendings have a Bachelor's Degree
  • 0% of Broker Mortgage Lendings have a Master's Degree
  • 0% of Broker Mortgage Lendings have a Doctorate Degree

The typical field of study for a Broker Mortgage Lending is Selling Skills and Sales Operations.

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Popular Skills for a Broker Mortgage Lending

Skills data not available for this job

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Broker Mortgage Lending Salaries in Other Locations

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Cost of Living in Petal, MS

The cost of living in Petal, MS is 18% lower than the national average.
Cost of living trend lower
18% lower
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does a Broker Mortgage Lending do?
Sells mortgage lending services to new or existing customers of a commercial financial institution in assigned area or territory. Creates prospect list and gets new accounts. Contacts and interacts directly with potential, new, and existing customers or clients to present information and explain available mortgage lending services offered, utilizing persuasive sales techniques.
How much does a Broker Mortgage Lending make in Petal, MS?
The average salary for a Broker Mortgage Lending is $63,038 per year or $30.31 per hour in Petal, MS. Top earners have reported making up to $71,039. However, the typical pay range in Petal, MS is between $36,875 and $71,039 annually.
What is the salary trajectory for a Broker Mortgage Lending?
Broker Mortgage Lending is projected to see a 13.6 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Broker Mortgage Lending salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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