FinanceOfficial Payroll Survey · 99/1000–2 years
Entry Level Mortgage Banker Salary in Austin
2026 · Recent graduates and professionals with under 2 years of experience.
$54,263/yr
Typical range: $48,529 – $64,189
P10–P25 · BLS OEWS employer payroll data
Mortgage Banker salary by experience level in Austin
Mortgage Banker Salary Progression in Austin
From entry-level through staff — based on BLS OEWS percentile data
| Experience Level | Years | Percentile | Annual Salary | Monthly | vs Entry |
|---|---|---|---|---|---|
| EntryThis page | 0 yrs | 0 yrs | $54,263 | $4,522 | — |
| Junior | 2 yrs | 2 yrs | $70,017 | $5,835 | +29% |
| Mid-Level | 4 yrs | 4 yrs | $81,686 | $6,807 | +51% |
| Senior | 6 yrs | 6 yrs | $98,374 | $8,198 | +81% |
| Staff | 10 yrs | 10 yrs | $141,784 | $11,815 | +161% |
| Principal | 14 yrs | 14 yrs | $192,896 | $16,075 | +255% |
| Distinguished | 18 yrs | 18 yrs | $205,674 | $17,140 | +279% |
Current Salary
$54,263
Entry Level · 0–2 years
Hourly: $26/hr
Next Level Target
$70,017
Junior · 2
+$16Kpotential uplift
Career Opportunity
30/100
High Risk
+4% demand · Moderate AI risk
Frequently Asked Questions
What is the entry level Mortgage Banker salary in Austin, TX?
Entry Level Mortgage Bankers in Austin, TX earn approximately $54K per year (2026). This corresponds to the P10–P25 range of BLS OEWS employer payroll data.
How much does a entry level Mortgage Banker make per hour in Austin, TX?
Based on $54K annually, the hourly rate is approximately $26/hr (2,080-hour work year).
How do I get from entry level to senior Mortgage Banker in Austin, TX?
The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Mortgage Banker in Austin, TX earns $119K–$158K/yr.