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Junior Mortgage Banker Salary in Arkansas

How much does a Junior Mortgage Banker make in Arkansas? As of September 01, 2026, the average salary for a Junior Mortgage Banker in Arkansas is $35,612 per year, which breaks down to an hourly rate of $17.

However, a Junior Mortgage Banker's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $40,665
  • Majority Range (25th-75th percentile): $32,634 to $38,257
  • Entry-Level (10th percentile): $29,922
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Junior Mortgage Banker Job Openings in Arkansas

Key Factors That Influence Junior Mortgage Banker Salaries

A Junior Mortgage Banker's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Junior Mortgage Banker Salaries?

Experience is a primary driver of a Junior Mortgage Banker's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $34,219
  • Early Career (1-2 years): $34,962
  • Mid-Level (2-4 years): $36,053
  • Senior-Level (5-8 years): $36,971
  • Expert (over 8 years): $37,081
Job RoleYears of ExperienceAverage Salary
Entry Level Junior Mortgage Banker less than 1 year $34,219
Early Career Level Junior Mortgage Banker 1-2 years $34,962
Mid-Level Level Junior Mortgage Banker 2-4 years $36,053
Senior-Level Level Junior Mortgage Banker 5-8 years $36,971
Expert Level Junior Mortgage Banker over 8 years $37,081

How Do Junior Mortgage Banker Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Junior Mortgage Bankers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $43,646.
  • California: $43,480.
  • Massachusetts: $42,901.

Top Paying Cities for Junior Mortgage Banker

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Star City: $35,029
  • Wesley: $35,574
  • West Fork: $35,800

Junior Mortgage Banker Salary by Industry: Top Paying Sectors

For Junior Mortgage Banker roles, the industry you choose can affect earning potential by as much as 39% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, Junior Mortgage Banker positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Junior Mortgage Banker as a support function rather than a direct revenue driver.

The top paying industries for a Junior Mortgage Banker

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $42,734 $21.0 20%
Energy & Utilities $39,885 $19.0 12%
Software & Networking $39,885 $19.0 12%
Internet $39,173 $19.0 10%
Pharmaceuticals $39,173 $19.0 10%

Junior Mortgage Banker Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Junior Mortgage Banker's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$32,634
Average $35,612/year
$38,257
$2,719
Average $2,968/month
$3,188
$628
Average $685/week
$736
$16
Average $17/hour
$18
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $38,257 $3,188 $736 $18
Average $35,612 $2,968 $685 $17
25th Percentile $32,634 $2,719 $628 $16

Find Your Next Junior Mortgage Banker Job

Ready to take the next step in your career? Browse thousands of current Junior Mortgage Banker job openings on our job board. Use the search bar below to find your perfect match.

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    Wintrust Financial | WEST MILWAUKEE, WI

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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