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Average Base Salary


Average Hourly Rate


Average Bonus
The average mortgage banker salary in Arkansas, United States is $57,116 or an hourly rate of $27. This is 12% lower (-$7,880) than the average mortgage banker salary in the United States. In addition, they earn an average bonus of $1,988.
Salary by Experience


Entry Level Salary


Senior Level Salary
An entry level mortgage banker (1-3 years of experience) earns an average salary of $40,151. On the other end, a senior level mortgage banker (8+ years of experience) earns an average salary of $71,237.

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Job Description
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

The chart below breaks down accounts by the highest level of education obtained.

Jobs that May Interest You

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... mortgage banking industries as well as the company’s operating policies and procedures Monitors, evaluates and recommends to senior management changes to Branch level policies and procedures ...
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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

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