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Summit Mortgage Bankers

#13,791 H-1B sponsor of 76,738#151 Banking sponsor of 4099% roles at wage level III and IV
H-1B Visa Sponsorship 2026

Banking Β· H-1B sponsor Β· FY2017–2026

🏒 Flushing, NY HQ🌐 smb-mortgage.com

Does Summit Mortgage Bankers sponsor H-1B visas and green cards?

Yes. Summit Mortgage Bankers has filed 35 H-1B LCAs and 5 PERM green-card cases with the U.S. Department of Labor between FY2017 and FY2026. In FY2025–2026 Summit Mortgage Bankers filed 3 H-1B LCAs at a median base salary of $71,136, about 42% below the national H-1B median of $121,966 for the same period. 1 green-card case was decided in FY2022.

Flushing, NY accounts for 49% of its H-1B filings.

H-1B filings
35
(FY2017–2026)
Median base pay
$71k
from 3 filings (FY2025–2026)
Pay vs market
-42%
below national median ($122k, FY2025–2026)
Green-card (PERM) filings
5
(FY2018–2022)

H-1B pay & filings by year

Median base salary (line) and H-1B filing volume (bars), by fiscal year

Show the numbers behind this chart
Summit Mortgage Bankers, Inc. H-1B LCA filings and median base salary by fiscal year
Fiscal yearH-1B LCA filingsMedian base salary
FY2026 (partial)1$62k
FY20252$80k
FY20231$78k
FY20223$75k
FY20214$91k
FY20203$90k
FY20193$84k
FY20186$62k
FY201712$62k

A fiscal year marked partial is still in progress, so its total is lower than a complete year and the two are not comparable.

H-1B wage floor & filing outcomes

What this employer pays against the DOL legal minimum, how senior the roles are, and how the filings were decided

Pay vs the legal floor
$66k
3% above the $64k prevailing wage
Role seniority (wage levels)
91% entry to mid
25721
LCA decisions
94.3% certified
33 of 35 filings
Withdrawn 2
USCIS I-129 petition outcomes Β· FY2017–2023
Approved6 petitions
Denied1 petitions
LCA filings by type
New employment19 filings54.3%
Transfers in3 filings8.6%
Renewals13 filings37.1%

Green-card (PERM) pay & filings by year

Median green-card offer (line) and PERM filing volume (bars), by fiscal year †

Show the numbers behind this chart
Summit Mortgage Bankers, Inc. green-card (PERM) filings and median offered wage by fiscal year
Fiscal yearPERM filingsMedian base salary
FY20221$164k
FY20211$71k
FY20192$103k
FY20181$42k

Green-card route and outcomes

Visa held when the green card was filed
H-1B4B-21

Worker backgrounds Β· FY2017–2024

Where their green-card (PERM) workers studied & came from

Countries of citizenship
China5
Top schools
Lanzhou University1University of California, San Diego1
Fields of study
Business Administration2Finance1Financial Economics1
Degrees
Master's4None1

Pay against the local market

Summit Mortgage Bankers’s most-filed occupations and metros, FY2017–FY2021. Its median base salary is 94% of the local BLS median for the same work.

OccupationMetroFilingsSummit Mortgage Bankers payLocal BLS median‑vs market
Credit AnalystsSan Jose, CA5$84,788$78,372108%
Financial and Investment AnalystsLos Angeles, CA4$82,103$91,41390%
Compliance OfficersSan Jose, CA1$59,405$92,06065%
Public Relations SpecialistsSan Jose, CA1$52,458$75,20070%

About Summit Mortgage Bankers

Name (DOL filings)
Summit Mortgage Bankers, Inc.
Listed
β€”
Sponsoring since
FY2017 or earlier
Main filing location
Flushing, NY
Industry
Banking
H-1B filings
35
Median base
$65,749
R&D
β€”

Summit Mortgage Bankers pays a median H-1B base of $65,749 across FY2017–2026, about 45% below the typical Banking sponsor.

H-1B sponsors similar to Summit Mortgage Bankers

EmployerFilings, all yearsRecent filingsMedian baseNew employmentLevel III-IV roles
Industrial And Commercial Bank Of China (USA) NA4913$78k4β€”
Univest Securities465$100k2β€”
Cross River Bank449$150k2β€”
Summit Mortgage Bankers353$71k1β€”
Trustmark336$145k0β€”
Northwest Bank309$125k4β€”
Federal Reserve Bank of Cleveland305$165k2β€”

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