Mortgage Broker
Mortgage Broker Job Description
Loan Officers Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
Mortgage Broker Salary Statistics as of 2015
Average annual salary for a Mortgage Broker is $81701 based on statistics in the U.S. as of 2015. The highest salary recorded was $210424. The lowest salary reported was $30609. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Mortgage Broker is $40.63 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $104.64. The lowest hourly rate recorded was $15.22. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Mortgage Broker are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $15000 from people with 15+ years of experience. The average bonus recorded was $1000 from people with under 1 year of experience.
These are the highest paying states for a Mortgage Broker. These numbers are based of the median annual salary as of 2015.
California – $42,500 – $112,500
Colorado – n/a
Florida – $40,000 – $307,500
Minnesota – n/a
New York – $52,000 – $100,000
Ohio – n/a
Oregon – n/a
These are the highest paying cities for a Mortgage Broker. These numbers are based of the median annual salary as of 2015.
New York, New York –
Portland, Oregon –
Los Angeles, California –
Jacksonville, Florida –
Denver, Colorado –
Minneapolis, Minnesota –
This chart outlines the average annual salary of a Mortgage Broker from the past 5 years. In 2015 the average annual salary was $81701 while in 2007 it was just $75768.07
Job Outlook
Gender Statistics |
Related Jobs |
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81%
19%
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Based on our stats gathered across the U.S. 81% of Mortgage Brokers were males while 19% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.
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Past Jobs Loan Officer |
Future Jobs Branch Manager, Banking |