McLagan Mortgage Banking Database

Empower your total rewards strategy
with compensation data & analytics.


Explore Key Features

Mortgage Banking Survey Suite

More than 110 mortgage banking firms ─ including banks, credit unions and independent mortgage firms ─ rely on the McLagan compensation platform to meet their benchmarking needs. Backed by the most comprehensive compensation intelligence and market insights, your firm will have the tools to build a total rewards strategy with confidence.

Use the links below to learn more:


Why Participate

We help leading firms assess their pay level competitiveness, align compensation structures with business strategy, and achieve superior levels of people and business performance. By participating in our surveys, you'll benefit from the largest compensation database and so much more.

What you can expect: 

  • Specific and Custom Results McLagan’s mortgage banking database is the largest of its kind, with 112 participating firms in 2020. Survey results are delivered to participants on our dynamic platform providing firm versus market level analysis and scoping across a variety of factors, including firm headcount, geographic region, production volume, bank versus independent, and servicing portfolio.
  • Firm versus Market View giving you a complete understanding of where your firm stands in the market for salary, bonus, commissions, and long-term incentives for specific mortgage banking positions.
  • Dedicated and Trusted Resource Our team specializes in supporting clients at every stage of the survey process—from job matching to analyzing results. Our team of mortgage banking industry experts work directly with your firm to benchmark pay and build your total rewards strategy. Plus, you'll get faster buy-in on key compensation decisions when you use McLagan data. Board members, C-suite leaders, HR professionals, and recruiters know and trust the McLagan name.
  • Industry Leading Events and Insights Our experts present at industry events on talent and rewards trends, including the Mortgage Bankers Association's (MBA) annual HR Symposium. As a client, you'll be invited to attend this and other events throughout the year.
  • Unmatched Global Financial Services Database Our surveys are globally consistent across the full financial services sectors. Using a universal job matching and leveling structure allows you to compare roles across McLagan’s full range of surveys, including asset management, wealth management, banking and more.

Compensation Coverage

Building a market competitive compensation program demands a comprehensive dataset. The McLagan Mortgage Banking Surveys benchmark important compensation elements, including:

  • Base Salary
  • Bonus % Salary
  • Cash Bonus
  • Commissions
  • Compensation as Basis Points of Loan Volume
  • Loan Production (#/$)
  • Long-Term/Deferred Awards
  • Overtime
  • Total Cash
  • Total Compensation
Survey results may be scoped by factors such as firm headcount, geographic location/region, production volume, firm type (bank versus independent) and servicing portfolio, providing you with the data that best fits your needs.

Job Library

To support the needs of human resources and compensation professionals across mortgage banking, our surveys span executive management and production, infrastructure and loan servicing. Our surveys cover key functions and roles across the mortgage banking industry, including:

 

McLagan Mortgage Banking Survey: Executive Management & Production Job Library

Loan Origination
  • Correspondent
  • FHA/VA
  • Private Mortgage Banking
  • Retail
  • Telemarketing/Consumer Direct
  • Wholesale
  • Sales Assistant
Operations
  • Appraisal
  • Loan Processing
  • Loan Closing
  • Loan Funding / Post Closing
  • Quality Assurance
Underwriting
Secondary/Capital Markets
  • Asset Sales
  • Portfolio Management
  • Pricing
  • Quantitative Analysis
  • Loan Securitization
  • Trading
  • Warehouse Lending
 

Mortgage Banking Survey: Infrastructure

  • Compliance/Quality Control
  • Finance
  • Human Resources
  • Information Technology
  • Internal Audit
  • Legal
  • Marketing and Communications
  • Office Services
  • Project Management
  • Risk Management
  • Vendor Management
 

Mortgage Loan Servicing

  • Executive Management
  • Customer Service
  • Escrow & Tax Services
  • Investor Relations
  • Operations
  • Collections - All Stages
  • Foreclosure
  • Bankruptcy
  • Real Estate Owned
  • Portfolio Retention Sales
  • Special Servicing

Participating Firms

With McLagan, you'll be joining some amazing firms. In 2020, our survey spanned more than 110 participating firms, comprised of:

  • 49% Banks
  • 44% Independents
  • 7% Credit Unions

Navigating today’s competitive talent market demands compensation data from a robust set of peers. We’ve got you covered so you can take a data-driven approach to compensation decisions.

► View a full list of participating industry peers here.


Our Industry Partners

Like you, we are committed to taking a holistic approach to total rewards. Our partners span the mortgage and technology industries to support our client community:

  • Mortgage Bankers Association
    Our Mortgage Banking Surveys come highly recommended through our long-standing partnership with the Mortgage Bankers Association (MBA). As part of this partnership, MBA members receive exclusive pricing across our Mortgage Banking Surveys. View all survey participation fees by clicking here.
  • beqom
    McLagan has partnered with the compensation software experts at beqom to deliver a comprehensive suite of reports and features designed to address the unique needs of the mortgage industry. These tools will drive greater organizational transparency and improve the effectiveness of compensation spend. Learn more here.

Getting Started

If you're ready to take the next step and join hundreds of your peers in the 2021 survey process, simply review the access options and pricing details below and submit your selections. Our team of experts will follow up with you directly.

 
Participation & Access Options MBA Member 2021 Pricing Non-Member 2021 Pricing
Executive Management & Production Jobs $2,600 $3,650
Infrastructure Jobs $2,300 $3,400
Mortgage Loan Servicing Jobs $2,600 $3,650
Select Cut Reports (per report) $1,200 $1,450
 

The 2021 McLagan Survey process launches in February 2021, and results will be delivered to participating firms in August 2021. Subscribing to the McLagan surveys includes 24/7 access to McLaganLive, our online survey reporting environment.

Confirm your firm's interest in participating by clicking here.
 

Resources

 

Product Videos

Introduction to McLagan's Global Survey Structure
Get an introduction to our global compensation survey program. Our streamlined process and survey results help you stay ahead of the curve.

McLagan Benchmark Code
Learn how our benchmark code works to ensure efficient and accurate alignment of people to market benchmarks.

Overview of Leveling
Get to know our leveling structure, which makes it easier to compare jobs, levels and pay across functions, sectors and regions.

 

U.S. Residential Mortgage Compensation Survey Registration

To confirm your participation in and purchase of the 2021 U.S. Residential Mortgage Banking Compensation Survey(s), please complete the form below as your firm’s Primary Contact and we will be in touch with next steps. Fields marked with an asterisk (*) are required.

Please check the survey product(s) that your firm will be participating in and subsequently purchasing for 2021.*
Prices vary depending on MBA membership status.

  Mortgage Banking Survey - Executive Management & Production
  Mortgage Banking Survey - Infrastructure/Corporate Administration
  Mortgage Loan Servicing Survey
  Select Cut Report

*Primary Contact: By submitting this form, you agree to act as the primary data contact for completion of the selected products and confirm that you have the authority to release all necessary data to McLagan, including a fully executed Non-Disclosure Agreement with McLagan prior to the release of survey results.

McLagan and other Aon group companies will use your personal information to contact you from time to time about other products, services and events that we feel may be of interest to you. All personal information is collected and used in accordance with our privacy statement.

If you do not wish to receive these communications, please check here: