Mortgage Consultant Salary

Total annual pay for Mortgage Consultants is approximately $45K, and commissions account for a significant portion of this final number — more than two-fifths on average. Career duration and the company each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and almost all earn dental coverage. Women are just slightly outnumbered, with male Mortgage Consultants making up 50 percent of survey respondents. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 50 percent. Job satisfaction for Mortgage Consultants is high. The numbers in this rundown were provided by PayScale's salary survey participants.

$29,361 - $74,710
$29K
$38K
$75K
MEDIAN: $38,365
10%
50%
90%

Add this chart to your site: 640px    300px

$9.23 - $25.34
$9
$15
$25
MEDIAN: $15.18
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$29,361 - $74,710  
   
Bonus
$550 - $65,500  
Profit Sharing
$1,250  
Commission
$20,000  
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).
)
$30,470 - $104,750  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 30
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$9.23 - $25.34  
   
Hourly Tips
$29.09  
Overtime
$23.31  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$550 - $65,500  
   
Commission
$20,000  
Profit Sharing
$1,250  
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).
)
$30,470 - $104,750  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 17

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Mortgage Consultant

Mortgage consultants must be able to guide customers through the home-buying process to help them make the best decision in accordance with their financial needs. These consultants should have people skills and some experience and/or training in sales or customer service, and some employers prefer those who have been trained in sales, customer service, or financial services. Many mortgage consultants begin as customer service advisors in order to develop the necessary skills for this position.

Read More...

Mortgage Consultant Tasks

  • Interview and assist clients with home loans by analyzing and selecting appropriate programs.
  • Develop marketing strategies.
  • Solicit mortgages and phone prospect through contact with realtors, builders, developer, and community banking branches.
  • Originate and close mortgages.

Mortgage Consultant Job Listings

Search for more jobs:

Popular Employer Salaries for Mortgage Consultant


Pay by Experience Level for Mortgage Consultant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average worker who claims fewer than five years of experience earns around $36K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $59K. The average pay reported by folks with 10 to 20 years of experience is around $84K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $78K.

Related Job Salaries

Key Stats for Mortgage Consultant

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
6%
1-4 years
38%
5-9 years
28%
10-19 years
21%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Mortgage Consultant Salaries

Experienced
▲85%

Late-Career
▲71%

Mid-Career
▲30%

National Average
$45,000

Entry-Level
▼21%

Skills That Affect Mortgage Consultant Salaries

Sales
▲30%

National Average
$45,000

Mortgage Loans
▼1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
6%
1-4 years
38%
5-9 years
28%
10-19 years
21%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 97%
vision benefits
Vision: 69%
dental benefits
None: 3%
ADVERTISEMENT