FinanceOfficial Payroll Survey · 99/1000–2 years
Entry Level Mortgage Banker Salary in New York
2026 · Recent graduates and professionals with under 2 years of experience.
$72,213/yr
Typical range: $64,582 – $85,423
P10–P25 · BLS OEWS employer payroll data
Mortgage Banker salary by experience level in New York
Mortgage Banker Salary Progression in New York
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 | $72,213 | $6,018 | — |
| Junior | 2 yrs | 2 yrs | $93,178 | $7,765 | +29% |
| Mid-Level | 4 yrs | 4 yrs | $108,707 | $9,059 | +51% |
| Senior | 6 yrs | 6 yrs | $130,915 | $10,910 | +81% |
| Staff | 10 yrs | 10 yrs | $188,685 | $15,724 | +161% |
| Principal | 14 yrs | 14 yrs | $256,704 | $21,392 | +255% |
| Distinguished | 18 yrs | 18 yrs | $273,709 | $22,809 | +279% |
Current Salary
$72,213
Entry Level · 0–2 years
Hourly: $35/hr
Next Level Target
$93,178
Junior · 2
+$21Kpotential uplift
Career Opportunity
30/100
High Risk
+4% demand · Moderate AI risk
Frequently Asked Questions
What is the entry level Mortgage Banker salary in New York, NY?
Entry Level Mortgage Bankers in New York, NY earn approximately $72K 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 New York, NY?
Based on $72K annually, the hourly rate is approximately $35/hr (2,080-hour work year).
How do I get from entry level to senior Mortgage Banker in New York, NY?
The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Mortgage Banker in New York, NY earns $159K–$210K/yr.