Home > Salary > Ethiopia > Mortgage Broker
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.
Estimated Yearly Salary: 132,312 ETB
Estimated Monthly Salary: 11,026 ETB
Estimated Weekly Salary: 2,544 ETB per week
Estimated Hourly Salary: 64 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,675 ETB
Estimated Weekly Salary: 2,463 ETB per week
Estimated Hourly Salary: 62 ETB per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 2,203 USD
Estimated Monthly Salary: 184 USD
Estimated Weekly Salary: 42 USD per week
Estimated Hourly Salary: 1 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: 132,312 ETB
Estimated Monthly Salary: 11,026 ETB
Estimated Weekly Salary: 2,544 ETB per week
Estimated Hourly Salary: 64 ETB per hour
By working as Mortgage Broker a person can save up to 107 USD per month or 1,281 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Mortgage Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Weekend anchor (99,135 ETB per year, pre-tax.)
Biopharmaceutical specialist (156,960 ETB per year, pre-tax.)
Dragline operator (80,864 ETB per year, pre-tax.)
Validation consultant (247,287 ETB per year, pre-tax.)
Early childhood mental health specialist (92,612 ETB per year, pre-tax.)
Mortgage Broker salary in Ethiopia
Average Yearly Salary of Mortgage Broker in Ethiopia is approximately 132,312 ETB (2,203 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
Job industry: Finance
How much does Mortgage Broker make?
Salary details
How much does Mortgage Broker make?Estimated Yearly Salary: 132,312 ETB
Estimated Monthly Salary: 11,026 ETB
Estimated Weekly Salary: 2,544 ETB per week
Estimated Hourly Salary: 64 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 128,100 ETBEstimated Monthly Salary: 10,675 ETB
Estimated Weekly Salary: 2,463 ETB per week
Estimated Hourly Salary: 62 ETB per hour
Last revision of data: 2024-01-05Mortgage Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,203 USD
Estimated Monthly Salary: 184 USD
Estimated Weekly Salary: 42 USD per week
Estimated Hourly Salary: 1 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
Compare salary to other countries
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Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Broker job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Mortgage Broker in Ethiopia earns on average:
1.26 times the average salary (or 126% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Broker job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Mortgage Broker in Ethiopia earns on average:
1.26 times the average salary (or 126% of average salary).
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 145,543 ETB and 191,852 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Broker in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 132,312 ETB
Estimated Monthly Salary: 11,026 ETB
Estimated Weekly Salary: 2,544 ETB per week
Estimated Hourly Salary: 64 ETB per hour
By working as Mortgage Broker a person can save up to 107 USD per month or 1,281 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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
Sudan is 873 USD
Kenya is 6,925 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Weekend anchor (99,135 ETB per year, pre-tax.)
Biopharmaceutical specialist (156,960 ETB per year, pre-tax.)
Dragline operator (80,864 ETB per year, pre-tax.)
Validation consultant (247,287 ETB per year, pre-tax.)
Early childhood mental health specialist (92,612 ETB per year, pre-tax.)
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Please note:Salary information displayed on this site is for reference exclusively.
This website offers salary estimates for educational purposes exclusively. While we gather data from various providers, we do not ensure absolute reliability. Users are advised to review trusted platforms before making major financial decisions. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the validity of the displayed salary data. Your continued access of this site indicates your acceptance of these conditions.
optisalary.com offers salary insights for informational purposes exclusively. While we collect data from various providers, we do not ensure absolute reliability. Users are advised to review external organizations before making major financial decisions. Salaries shift due to various factors, such as experience, industry trends, and negotiation tactics. We make no guarantee regarding the validity of the displayed salary figures. Your continued access of this site indicates your understanding of these conditions.