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$57,116

Average Base Salary

$27/hr

Average Hourly Rate

$1,988

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

$40,151

Entry Level Salary

$71,237

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.
Education

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

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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.

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