Home > Salary > Australia > Mortgage Loan Funder
A mortgage loan funder is responsible for the final stage of the mortgage loan process. Their main role is to review and verify all loan documents, ensuring accuracy and compliance with regulations and policies. They work closely with loan processors, underwriters, and closers to coordinate the funding of loans in a timely manner. Mortgage loan funders are responsible for disbursing funds to the appropriate parties, such as the borrower, seller, and third-party vendors. They must also ensure that all necessary documentation is properly executed and recorded. Attention to detail, strong organizational skills, and knowledge of mortgage lending guidelines and procedures are essential in this role.
Estimated Yearly Salary: 108,931 AUD
Estimated Monthly Salary: 9,078 AUD
Estimated Weekly Salary: 2,095 AUD per week
Estimated Hourly Salary: 52 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,783 AUD
Estimated Weekly Salary: 2,027 AUD per week
Estimated Hourly Salary: 51 AUD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 54,423 USD
Estimated Monthly Salary: 4,535 USD
Estimated Weekly Salary: 1,047 USD per week
Estimated Hourly Salary: 26 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 108,931 AUD
Estimated Monthly Salary: 9,078 AUD
Estimated Weekly Salary: 2,095 AUD per week
Estimated Hourly Salary: 52 AUD per hour
By working as Mortgage Loan Funder a person can save up to 2,118 USD per month or 25,417 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 Australia, see costs of living in Australia.
Estimated Yearly Salary for Mortgage Loan Funder
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Funder salary in Australia
Average Yearly Salary of Mortgage Loan Funder in Australia is approximately 108,931 AUD (54,423 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 Loan Funder do?
A mortgage loan funder is responsible for the final stage of the mortgage loan process. Their main role is to review and verify all loan documents, ensuring accuracy and compliance with regulations and policies. They work closely with loan processors, underwriters, and closers to coordinate the funding of loans in a timely manner. Mortgage loan funders are responsible for disbursing funds to the appropriate parties, such as the borrower, seller, and third-party vendors. They must also ensure that all necessary documentation is properly executed and recorded. Attention to detail, strong organizational skills, and knowledge of mortgage lending guidelines and procedures are essential in this role.
Skills: mortgage loan funder, loan processing, loan funding, mortgage lending, compliance, documentation
Job industry: Banking
Job industry: Banking
How much does Mortgage Loan Funder make?
Salary details
How much does Mortgage Loan Funder make?Estimated Yearly Salary: 108,931 AUD
Estimated Monthly Salary: 9,078 AUD
Estimated Weekly Salary: 2,095 AUD per week
Estimated Hourly Salary: 52 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 105,390 AUDEstimated Monthly Salary: 8,783 AUD
Estimated Weekly Salary: 2,027 AUD per week
Estimated Hourly Salary: 51 AUD per hour
Last revision of data: 2024-01-03Mortgage Loan Funder estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 54,423 USD
Estimated Monthly Salary: 4,535 USD
Estimated Weekly Salary: 1,047 USD per week
Estimated Hourly Salary: 26 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Funder job salary compared to average salary in Australia.
Comparison shows that a person working as Mortgage Loan Funder in Australia earns on average:
1.29 times the average salary (or 129% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Funder job salary compared to average salary in Australia.
Comparison shows that a person working as Mortgage Loan Funder in Australia earns on average:
1.29 times the average salary (or 129% of average salary).
Is Mortgage Loan Funder a well paid job?
Yes, our data shows that Mortgage Loan Funder 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 Loan Funder?
High salary for Mortgage Loan Funder would be somewhere between 119,824 AUD and 157,950 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Funder in Australia?
Living in Australia the approximate monthly expenses are: 2,417 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: 108,931 AUD
Estimated Monthly Salary: 9,078 AUD
Estimated Weekly Salary: 2,095 AUD per week
Estimated Hourly Salary: 52 AUD per hour
By working as Mortgage Loan Funder a person can save up to 2,118 USD per month or 25,417 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 Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. 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 Loan Funder
Indonesia is 9,579 USD
East Timor is 40,726 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Australia
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Data as of 2025Random salary:
Aestheticianesthetician (46,298 AUD per year, pre-tax.)
Stock room clerkoffice (67,186 AUD per year, pre-tax.)
Transportation coordinator (84,399 AUD per year, pre-tax.)
Education associate (91,641 AUD per year, pre-tax.)
Automotive refinish technician (93,816 AUD per year, pre-tax.)
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