Secondary Mortgage information
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$44.5K - $53.7K
22% of jobs
$54.7K is the 25th percentile. Wages below this are outliers.
$53.7K - $62.9K
25% of jobs
The median wage is $66.7K / yr.
$62.9K - $72K
6% of jobs
$81.2K - $90.4K
0% of jobs
$90.4K - $99.6K
0% of jobs
$99.6K - $108.8K
8% of jobs
$108.8K - $118K
9% of jobs
$121.3K is the 75th percentile. Wages above this are outliers.
$118K - $127.1K
9% of jobs
$127.1K - $136.3K
9% of jobs
$136.3K - $145.5K
9% of jobs
How much do secondary mortgage jobs pay per year?
As of Aug 23, 2026, the average yearly pay for secondary mortgage in the United States is $90,000.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,000.00 and $125,000.00 per year, depending on experience, location, and employer.
Secondary mortgages, also known as second mortgages, are loans that are secured by a property in addition to the primary (first) mortgage. Homeowners take out a secondary mortgage to access the equity in their home, often for purposes such as home improvements, debt consolidation, or other major expenses. Because the secondary mortgage is subordinate to the primary mortgage, it typically comes with a higher interest rate. If a borrower defaults, the primary mortgage lender has the first claim on the property.
Professionals in secondary mortgage markets often navigate challenges such as fluctuating interest rates, evolving regulatory requirements, and the complexities of loan packaging and securitization. Staying current with compliance standards and managing risk associated with large pools of mortgage-backed securities are crucial aspects of the role. Additionally, collaboration with originators, investors, and legal teams is essential to ensure smooth transaction execution and portfolio management. Adaptability and strong analytical skills are key to succeeding in this fast-paced and detail-oriented environment.
To thrive as a Secondary Mortgage Analyst, you need a solid understanding of mortgage products, financial markets, and risk analysis, typically supported by a degree in finance, economics, or a related field. Familiarity with mortgage loan origination systems (LOS), automated underwriting systems (AUS), and proficiency in data analysis tools like Excel or SQL is important. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills in this position. These skills ensure accurate pricing, compliance, and risk management for mortgage-backed securities and secondary market transactions.
More about Secondary Mortgage jobs What cities are hiring for Secondary Mortgage jobs?
Cities with the most Secondary Mortgage job openings:
What states have the most Secondary Mortgage jobs?
States with the most job openings for Secondary Mortgage jobs include:
What job categories do people searching Secondary Mortgage jobs look for?
The top searched job categories for Secondary Mortgage jobs are:
