Average Early-Career Mortgage Broker Salary in Australia

AU$55,462
Avg. SalaryShow Hourly Rate
AU$0
Bonus
AU$11,500
Commission
AU$20,000
Profit Sharing
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The average salary for an Early-Career Mortgage Broker in Australia is AU$55,462.
10%
AU$37k
10%
AU$55k
50%
AU$80k
90%
90%
MEDIAN AU$55,462
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United States (change)
Salary
AU$37k - AU$80k
Profit Sharing
AU$10k - AU$58k
Commission
AU$3k - AU$140k
Total Pay
AU$40k - AU$97k

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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
Executive Assistant
Financial Consultant
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Mortgage Broker Job Listings

Popular Skills for Mortgage Broker

Skills in Mortgage Loans, Residential Loans, Customer Service and Sales are correlated to pay that is above average.

Pay by Experience Level for Mortgage Broker

An entry-level Mortgage Broker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of AU$50,513 based on 15 salaries. A mid-career Mortgage Broker with 5-9 years of experience earns an average total compensation of AU$64,809 based on 35 salaries. An experienced Mortgage Broker with 10-19 years of experience earns an average total compensation of AU$70,007 based on 50 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$74,500.
Employees with Mortgage Broker in their job title in Perth, Western Australia earn an average of 33.0% more than the national average. These job titles also find higher than average salaries in Gold Coast, Queensland (8.2% more) and Melbourne, Victoria (6.8% more). The lowest salaries can be found in Adelaide, South Australia (10.1% less) and Brisbane, Queensland (0.8% less).

Years of Experience

This data is based on 116 survey responses.
Entry Level
12.9%
Mid Career
30.2%
Experienced
43.1%
Late Career
13.8%

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