Average Mortgage Broker Salary in Canada

Average Mortgage Broker Salary in Canada

C$51,114
Avg. Base Salary (CAD)
10%
CA$33k
MEDIAN
CA$51k
90%
CA$96k

The average salary for a Mortgage Broker is C$51,114

Base Salary
C$33k - C$96k
Bonus
C$2k - C$48k
Profit Sharing
C$0 - C$8k
Commission
C$39k - C$71k
Total Pay
C$39k - C$121k
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What Do Mortgage Brokers Do?

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.
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Job Satisfaction for Mortgage Broker

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Gender Breakdown

Male
62.5%
Female
37.5%
This data is based on 16 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

35%

Dental

30%

Vision

30%

None

65%