2020 Independent Mortgage Lender Compensation Survey
Articles by: Richey May, Jan 25, 2021
January 2021 – Our Mortgage Banking professionals have begun gathering data for our 2020 Independent Mortgage Lender Compensation Survey. Our survey methodology provides a unique opportunity for independent mortgage lenders to evaluate their compensation strategies and metrics in relation to their regional peers in order to attract and retain top talent.
- Specific to Mortgage Banking: We cover over 150 job titles specific to mortgage banking, so you will only be provided with information relevant to your specialty.
- Dynamic: Our use of an interactive dashboard to display the survey data allows participants to drill down on a variety of geographic markets or peer criteria to answer your questions regarding compensation.
- Convenient: As a participant in the Richey May program, you simply send us data files from your company’s payroll system and we extract all necessary information to conduct the analysis – no filling out long questionnaires or sifting through payroll documents.
- Competitive Pricing: Our fees include compensation data for all mortgage banking titles and departments, making our survey the most affordable survey specific to mortgage banking.
The survey results are delivered by an interactive web-based dashboard. Check out the sample dashboard here:
Regional & Local Markets Comparison
Our analysis includes information based on the most comparable regional area, providing you with valuable and relevant data to your business. This allows you to see if your compensation packages are competitive in your local markets, not simply the national averages. The regional breakdown is shown in the map below. The stars indicate major metro areas that are highlighted on the regional reports.