Mortgage Broker salary in Algeria

Average Yearly Salary of Mortgage Broker in Algeria is approximately 2,789,702 DZD (16,161 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Mortgage Broker do?

A mortgage broker is a financial professional who helps individuals and businesses secure loans for purchasing or refinancing real estate. They act as intermediaries between borrowers and lenders, assisting clients in finding the most suitable mortgage options based on their financial situation and goals. Mortgage brokers evaluate clients' creditworthiness, income, and other relevant factors to determine their eligibility for loans. They also provide guidance on the various types of mortgages available, including fixed-rate, adjustable-rate, and government-backed loans. Additionally, mortgage brokers handle the paperwork involved in the loan application process, liaise with lenders, and negotiate terms and conditions on behalf of their clients.

Skills: Mortgage broker, Loan consultant, Real estate financing, Financial intermediary, Mortgage advisor, Home loan specialist
Job industry: Finance

How much does Mortgage Broker make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Mortgage Broker a well paid job?

Yes, our data shows that Mortgage Broker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Mortgage Broker?

High salary for Mortgage Broker would be somewhere between 3,068,672 DZD and 4,045,068 DZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mortgage Broker in Algeria?

Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 2,789,702 DZD
Estimated Monthly Salary: 232,475 DZD
Estimated Weekly Salary: 53,648 DZD per week
Estimated Hourly Salary: 1,341 DZD per hour
By working as Mortgage Broker a person can save up to 787 USD per month or 9,441 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Algeria, see costs of living in Algeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Mortgage Broker

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Algeria

Data as of 2025

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