FinanceOfficial Payroll Survey · 99/1003–5 years

Mid Level Mortgage Banker Salary in Boston

2026 · Mid-career professionals with 3–5 years of experience at median market pay.

$106,364/yr

Typical range: $83,581 $155,384

P25–P50 · BLS OEWS employer payroll data

Mortgage Banker Salary Progression in Boston

From entry-level through staff — based on BLS OEWS percentile data

Experience LevelYearsPercentileAnnual SalaryMonthlyvs Entry
Entry0 yrs0 yrs$70,656$5,888
Junior2 yrs2 yrs$91,169$7,597+29%
Mid-LevelThis page4 yrs4 yrs$106,364$8,864+51%
Senior6 yrs6 yrs$128,092$10,674+81%
Staff10 yrs10 yrs$184,617$15,385+161%
Principal14 yrs14 yrs$251,170$20,931+255%
Distinguished18 yrs18 yrs$267,808$22,317+279%
Current Salary
$106,364
Mid Level · 3–5 years
Hourly: $51/hr
Next Level Target
$128,092
Senior · 6
+$22Kpotential uplift
Career Opportunity
30/100
High Risk
+4% demand · Moderate AI risk

Frequently Asked Questions

What is the mid level Mortgage Banker salary in Boston, MA?

Mid Level Mortgage Bankers in Boston, MA earn approximately $106K per year (2026). This corresponds to the P25–P50 range of BLS OEWS employer payroll data.

How much does a mid level Mortgage Banker make per hour in Boston, MA?

Based on $106K annually, the hourly rate is approximately $51/hr (2,080-hour work year).

How do I get from mid level to senior Mortgage Banker in Boston, MA?

The typical progression takes 2–4 years with consistent skill development, project leadership, and strategic job moves. A senior Mortgage Banker in Boston, MA earns $155K–$206K/yr.