Average Mortgage Broker with Residential Loans Skills Salary in Australia

AU$64,737
Avg. SalaryShow Hourly Rate
AU$13,000
Commission
AU$5,087
Profit Sharing
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The average salary for a Mortgage Broker with Residential Loans skills in Australia is AU$64,737.
10%
AU$42k
10%
AU$65k
50%
AU$87k
90%
90%
MEDIAN AU$64,737
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United States (change)
Salary
AU$42k - AU$87k
Profit Sharing
AU$0 - AU$5k
Commission
AU$5k - AU$60k
Total Pay
AU$43k - AU$136k

Your Market Worth Over Time

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Job Description for Mortgage Broker

Mortgage Broker Tasks
  • Interview and document credit, income, and financial history of clients.
  • Deploy marketing and sales strategies to attract new clients.
  • Mediate between the prospective homebuyer and the lending institution to underwrite and structure financial solutions.
  • Assess local mortgage market to find deals for client.
  • Apply for loans on behalf of borrower and collect documentation to pre-approve client.

Career Paths

Explore the most common career paths for Mortgage Broker. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Mortgage Broker
Senior Account Manager
Financial Consultant
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Mortgage Broker Job Listings

Popular Skills for Mortgage Broker

Skills in Customer Service and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Loan Processing, Sales and Mortgage Loans.

Pay by Experience Level for Mortgage Broker

An early career Mortgage Broker with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$59,976 based on 19 salaries. A mid-career Mortgage Broker with 5-9 years of experience earns an average total compensation of AU$79,096 based on 8 salaries. An experienced Mortgage Broker with 10-19 years of experience earns an average total compensation of AU$81,313 based on 8 salaries.

Pay Difference by Location

Learn more about cost of living by city.

Years of Experience

This data is based on 35 survey responses.
Early Career
54.3%
Mid Career
22.9%
Experienced
22.9%

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