Avg. Base Salary (USD)
The average salary for a Mortgage Advisor is $51,000
What is the Pay by Experience Level for Mortgage Advisors?
An entry-level Mortgage Advisor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $57,500 based on 5 salaries. An early career Mortgage Advisor with 1-4 years of experience earns an average total compensation of $65,000 based on 19 salaries. A …Read more
What Do Mortgage Advisors Do?
The main responsibility of a mortgage advisor is to provide advice to clients, both old and new, about everything pertaining to mortgage loans, from applying for new mortgages to refinancing current ones and ensuring that the most beneficial options are offered. On a regular basis, the tasks of mortgage advisors generally focus on providing mortgage advice to clients, selling complex mortgage products, making strong connections with clients to build their loyalty, and keeping them up-to-date …Read more
How do Mortgage Advisors Rate Their Jobs?
FAQs About Mortgage Advisors
What is the highest pay for Mortgage Advisors?
Our data indicates that the highest pay for a Mortgage Advisor is $81k / year
What is the lowest pay for Mortgage Advisors?
Our data indicates that the lowest pay for a Mortgage Advisor is $39k / year
How can Mortgage Advisors increase their salary?
Increasing your pay as a Mortgage Advisor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Mortgage Advisor that oversees more junior Mortgage Advisors, this experience can increase the likelihood to earn more.