Average Mortgage Broker with Mortgage Loans Skills Salary in Australia

AU$59,358
Avg. SalaryShow Hourly Rate
AU$14,000
Commission
AU$5,087
Profit Sharing
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The average salary for a Mortgage Broker with Mortgage Loans skills in Australia is AU$59,358.
10%
AU$41k
10%
AU$59k
50%
AU$88k
90%
90%
MEDIAN AU$59,358
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United States (change)
Salary
AU$41k - AU$88k
Profit Sharing
AU$3k - AU$20k
Commission
AU$5k - AU$199k
Total Pay
AU$47k - AU$118k

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

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$56,789 based on 33 salaries. A mid-career Mortgage Broker with 5-9 years of experience earns an average total compensation of AU$70,000 based on 12 salaries. An experienced Mortgage Broker with 10-19 years of experience earns an average total compensation of AU$68,163 based on 15 salaries. In their late career (20 years and higher), employees earn an average total compensation of AU$75,597.
Employees with Mortgage Broker in their job title in Sydney, New South Wales earn an average of 37.0% more than the national average. These job titles also find higher than average salaries in Perth, Western Australia (27.4% more). The lowest salaries can be found in Gold Coast, Queensland (22.5% less), Adelaide, South Australia (9.9% less) and Melbourne, Victoria (3.1% less).

Years of Experience

This data is based on 66 survey responses.
Early Career
50.0%
Mid Career
18.2%
Experienced
22.7%
Late Career
9.1%

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