Average Mortgage Broker Salary

$58,304
Avg. Base Salary (USD)
10%
$36k
MEDIAN
$58k
90%
$124k

The average salary for a Mortgage Broker is $58,304

Base Salary
$36k - $124k
Bonus
$2k - $36k
Profit Sharing
$0 - $1k
Commission
$12k - $178k
Total Pay
$30k - $137k
Is Average Mortgage Broker Salary your job title? Find out what you should be paid
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What is the Pay by Experience Level for Mortgage Brokers?

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
65.5%
Female
34.5%
This data is based on 29 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

60%

Dental

45%

Vision

43%

None

40%