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Last updated: November 10, 2024
Mortgage Loan Originator Salary
in East Longmeadow, Massachusetts
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$74,449 (USD)
Average Salary
$36/hr
Average Hourly
$2,583
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for a Mortgage Loan Originator is $74,449 a year and $36 an hour in East Longmeadow, Massachusetts, United States. The average salary range for a Mortgage Loan Originator is between $52,785 and $90,084. On average, a Bachelor's Degree is the highest level of education for a Mortgage Loan Originator. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in East Longmeadow, Massachusetts.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$83,626
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About East Longmeadow, Massachusetts
East Longmeadow Cost of Living Score:
Description:
East Longmeadow is a town in Hampden County, Massachusetts, United States, situated in the Pioneer Valley region of Western Massachusetts. It had a population of 16,430 at the 2020 census. East Longmeadow is 5 mi (8.0 km) southeast of downtown Springfield, part of the Springfield Metropolitan Statistical Area. Additionally, the town is 25 mi (40 km) north of Hartford, 88 mi (142 km) southwest of Boston, and 142 mi (229 km) northeast of New York City.
The development of East Longmeadow around the turn-of-the century was largely reliant on the brownstone quarrying industry. The industry brought many Swedish immigrants...
Job Summary
Description:
- Talks with applicants and requests specified information for loan application.
- Examines, assesses, and okays or recommends approval of customer applications for lines or extension of lines of credit, commercial loans, real estate loans, consumer credit loans, or credit card accounts.
Mortgage Loan Originator Job Listings for
No listings found
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Salary Recap
The average pay for a Mortgage Loan Originator is $74,449 a year and $36 an hour in East Longmeadow, Massachusetts, United States. The average salary range for a Mortgage Loan Originator is between $52,785 and $90,084. On average, a Bachelor's Degree is the highest level of education for a Mortgage Loan Originator. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in East Longmeadow, Massachusetts.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Mortgage Loan Originator Job Prevalence in the United States
Job family: Loan Officers
Job family population: 321,090
Estimated population of Mortgage Loan Originator jobs: 32,719
Rate of error: 0.8%
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About East Longmeadow, Massachusetts
East Longmeadow Cost of Living Score:
Description:
East Longmeadow is a town in Hampden County, Massachusetts, United States, situated in the Pioneer Valley region of Western Massachusetts. It had a population of 16,430 at the 2020 census. East Longmeadow is 5 mi (8.0 km) southeast of downtown Springfield, part of the Springfield Metropolitan Statistical Area. Additionally, the town is 25 mi (40 km) north of Hartford, 88 mi (142 km) southwest of Boston, and 142 mi (229 km) northeast of New York City.
The development of East Longmeadow around the turn-of-the century was largely reliant on the brownstone quarrying industry. The industry brought many Swedish immigrants...
Job Summary
Description:
- Talks with applicants and requests specified information for loan application.
- Examines, assesses, and okays or recommends approval of customer applications for lines or extension of lines of credit, commercial loans, real estate loans, consumer credit loans, or credit card accounts.
Mortgage Loan Originator Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More