FinanceOfficial Payroll Survey · 99/1000–2 years

Entry Level Mortgage Banker Salary in Los Angeles

2026 · Recent graduates and professionals with under 2 years of experience.

$68,614/yr

Typical range: $61,363 $81,165

P10–P25 · BLS OEWS employer payroll data

Mortgage Banker Salary Progression in Los Angeles

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

Experience LevelYearsPercentileAnnual SalaryMonthlyvs Entry
EntryThis page0 yrs0 yrs$68,614$5,718
Junior2 yrs2 yrs$88,534$7,378+29%
Mid-Level4 yrs4 yrs$103,289$8,607+51%
Senior6 yrs6 yrs$124,390$10,366+81%
Staff10 yrs10 yrs$179,281$14,940+161%
Principal14 yrs14 yrs$243,910$20,326+255%
Distinguished18 yrs18 yrs$260,067$21,672+279%
Current Salary
$68,614
Entry Level · 0–2 years
Hourly: $33/hr
Next Level Target
$88,534
Junior · 2
+$20Kpotential uplift
Career Opportunity
30/100
High Risk
+4% demand · Moderate AI risk

Frequently Asked Questions

What is the entry level Mortgage Banker salary in Los Angeles, CA?

Entry Level Mortgage Bankers in Los Angeles, CA earn approximately $69K 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 Los Angeles, CA?

Based on $69K annually, the hourly rate is approximately $33/hr (2,080-hour work year).

How do I get from entry level to senior Mortgage Banker in Los Angeles, CA?

The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Mortgage Banker in Los Angeles, CA earns $151K–$200K/yr.