Home > Salary > Philippines > Mortgage Banker
A mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.
Estimated Yearly Salary: 232,958 PHP
Estimated Monthly Salary: 19,413 PHP
Estimated Weekly Salary: 4,480 PHP per week
Estimated Hourly Salary: 112 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,730 PHP
Estimated Weekly Salary: 4,322 PHP per week
Estimated Hourly Salary: 108 PHP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 3,864 USD
Estimated Monthly Salary: 322 USD
Estimated Weekly Salary: 74 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 232,958 PHP
Estimated Monthly Salary: 19,413 PHP
Estimated Weekly Salary: 4,480 PHP per week
Estimated Hourly Salary: 112 PHP per hour
By working as Mortgage Banker a person can save up to 164 USD per month or 1,968 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Mortgage Banker
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Banker salary in Philippines
Average Yearly Salary of Mortgage Banker in Philippines is approximately 232,958 PHP (3,864 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 Banker do?
A mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.
Skills: Mortgage banker, Loan specialist, Real estate financing, Mortgage application, Financial analysis, Client relationship management
Job industry: Finance
Job industry: Finance
How much does Mortgage Banker make?
Salary details
How much does Mortgage Banker make?Estimated Yearly Salary: 232,958 PHP
Estimated Monthly Salary: 19,413 PHP
Estimated Weekly Salary: 4,480 PHP per week
Estimated Hourly Salary: 112 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 224,760 PHPEstimated Monthly Salary: 18,730 PHP
Estimated Weekly Salary: 4,322 PHP per week
Estimated Hourly Salary: 108 PHP per hour
Last revision of data: 2024-01-06Mortgage Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,864 USD
Estimated Monthly Salary: 322 USD
Estimated Weekly Salary: 74 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Banker job salary compared to average salary in Philippines.
Comparison shows that a person working as Mortgage Banker in Philippines earns on average:
1.06 times the average salary (or 106% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Banker job salary compared to average salary in Philippines.
Comparison shows that a person working as Mortgage Banker in Philippines earns on average:
1.06 times the average salary (or 106% of average salary).
Is Mortgage Banker a well paid job?
Yes, our data show that Mortgage Banker is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mortgage Banker?
High salary for Mortgage Banker would be somewhere between 256,254 PHP and 337,789 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Banker in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 232,958 PHP
Estimated Monthly Salary: 19,413 PHP
Estimated Weekly Salary: 4,480 PHP per week
Estimated Hourly Salary: 112 PHP per hour
By working as Mortgage Banker a person can save up to 164 USD per month or 1,968 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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 Banker
China is 12,621 USD
Vietnam is 3,925 USD
Malaysia is 17,485 USD
Indonesia is 10,383 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 Philippines
(2,481,728 PHP per year, pre-tax.)
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4. Neurosurgeon
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)
Data as of 2025Random salary:
Automotive engineer (306,583 PHP per year, pre-tax.)
Elementary school teacher (227,867 PHP per year, pre-tax.)
Dairy nutritionist (235,156 PHP per year, pre-tax.)
Clinical nurse auditor (232,197 PHP per year, pre-tax.)
Air force captain air (415,358 PHP per year, pre-tax.)
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