Average Late-Career Mortgage Broker Salary in Australia

AU$74,500
Avg. Salary
AU$3,950
Commission
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The average salary for a Late-Career Mortgage Broker in Australia is AU$74,500.
10%
AU$51k
10%
AU$74k
50%
AU$88k
90%
90%
MEDIAN AU$74,500
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United States (change)
Salary
AU$51k - AU$88k
Commission
AU$0 - AU$4k
Total Pay
AU$51k - AU$88k

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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

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. An early career Mortgage Broker with 1-4 years of experience earns an average total compensation of AU$55,462 based on 120 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.

Years of Experience

This data is based on 220 survey responses.
Entry Level
6.8%
Early Career
54.5%
Mid Career
15.9%
Experienced
22.7%

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