FinanceOfficial Payroll Survey · 99/1000–2 years

Entry Level Mortgage Banker Salary in Washington DC

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

$72,221/yr

Typical range: $64,589 $85,433

P10–P25 · BLS OEWS employer payroll data

Mortgage Banker Salary Progression in Washington DC

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

Experience LevelYearsPercentileAnnual SalaryMonthlyvs Entry
EntryThis page0 yrs0 yrs$72,221$6,018
Junior2 yrs2 yrs$93,189$7,766+29%
Mid-Level4 yrs4 yrs$108,720$9,060+51%
Senior6 yrs6 yrs$130,930$10,911+81%
Staff10 yrs10 yrs$188,707$15,726+161%
Principal14 yrs14 yrs$256,735$21,395+255%
Distinguished18 yrs18 yrs$273,742$22,812+279%
Current Salary
$72,221
Entry Level · 0–2 years
Hourly: $35/hr
Next Level Target
$93,189
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 Washington DC, DC?

Entry Level Mortgage Bankers in Washington DC, DC 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 Washington DC, DC?

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 Washington DC, DC?

The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Mortgage Banker in Washington DC, DC earns $159K–$210K/yr.