Mortgage Broker Salary

Updated: 17 May 2012

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National Salary Data

	National Salary Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$130K	$260K	$390K
Salary	$30,530 - $224,747
Bonus	$0.00 - $48,408
Commission	$24,747 - $369,872
Total Pay (? XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare). )	$32,138 - $243,182
Country: United States \| Currency: USD \| Updated: 17 May 2012 \| Individuals Reporting: 110

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Job Listings for Mortgage Broker Jobs

Posted	Job Title	Company	Job Location
Jan 23	mortgage broker	APC	Chesapeake, Virginia
	very well with us: Financial sales, mortgage broker, business banker, Business broker, commercial loan officer, factoring sales broker, B2B sales, commercial... Indeed
Jan 23	mortgage broker	American Prudential Capital	Boise, Idaho
	done very well with us: Financial sales, mortgage broker, business banker, Business broker, commercial loan officer, factoring sales broker, B2B sales For more... Indeed
Jan 22	Mortgage Broker	The Mortgage Network of Ohio	Centerville, Ohio
	FINANCIAL/BANKING Mortgage Broker Commissions of 65 to 80% for the experienced Self-Relaint Dayton Area Mortgage Broker. In house processing and private office... Indeed
Jan 24	Mortgage Broker / Loan Officer	Majestic Home Loans	Irvine, California
	customer service and competitively low rates, our Mortgage Professionals have been able to deliver a truly... our Loan Officer /Mortgage Consultant positions. All... Indeed

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Companies and Industries for Mortgage Broker Salaries

Popular Employers

Salary Range


Bank of America Corp. (BOFA)	Not enough data

Popular Industries

Salary Range


Mortgage Lending / Loans / Credit Products	$29,661 - $113,727
Mortgage Broker	$25,646 - $138,483
Banking	$29,414 - $101,404
Commercial Real Estate	$29,815 - $126,553
Real Estate	$28,032 - $110,284

Key Statistics for Mortgage Broker Salaries and Jobs

Gender

	Female 19%			Male 81%
Salary:	$51,500 - $135,000			$38,884 - $103,225

Years of Experience

Less than 1 year

1-4 years

19%

5-9 years

34%

10-19 years

28%

20 years or more

10%

Top Degrees

Salary Range


Bachelor's Degree	$30,263 - $151,006
Bachelor of Business Administration (BBA)	Not enough data

Most Common Health Benefits

	Medical: 57%		Dental: 44%
	Vision: 33%		None: 42%

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Career Path for Mortgage Broker Jobs

Common Past Jobs

Common Future Jobs

Mortgage Broker

Salary Range

$32,138 - $243,182

	Loan Officer $25,657 - $112,768
	President $67,105 - $373,089

Common Past Jobs

Common Future Jobs

Mortgage Broker

Salary Range

$32,138 - $243,182

	Personal Banker $24,894 - $52,715
	Branch Manager, Banking $34,436 - $79,803
	Customer Service Representative (CSR) $19,297 - $42,619

Use GigZig to view more salary ranges for common past and future jobs

Salary Map for Mortgage Broker Jobs

Top Cities by Popularity for Mortgage Broker Jobs

Top Cities by Popularity

1. New York, New York

2. San Diego, California

3. Fort Lauderdale, Florida

4. Dallas, Texas

5. Phoenix, Arizona

6. Des Moines, Iowa

7. Seattle, Washington

Mortgage Broker Job Description

People with the job title Mortgage Broker typically fall into one of the following PayScale standard occupations.

Loan Officers

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.