Money · 1 of 5
What mortgage brokers make
Median
$66,000
Lower end
$44,000
Upper end
$112,000
Job Bank pools this job under Mortgage Officer, which includes salaried mortgage specialists at banks. Its national median is $31.88 an hour, about $66,000 a year at 40 hours a week. The lower end ($21) and upper end ($53.85) are the bottom and top of the wage range for everyone in the group. Independent brokers are paid commission per closed mortgage, so a slow first year can land below this range and a strong year well above it. Many new agents keep another job for the first year.