Home > Salary > Singapore > 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: 154,611 SGD
Estimated Monthly Salary: 12,884 SGD
Estimated Weekly Salary: 2,973 SGD per week
Estimated Hourly Salary: 74 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,452 SGD
Estimated Weekly Salary: 2,874 SGD per week
Estimated Hourly Salary: 72 SGD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 77,179 USD
Estimated Monthly Salary: 6,432 USD
Estimated Weekly Salary: 1,484 USD per week
Estimated Hourly Salary: 37 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: 154,611 SGD
Estimated Monthly Salary: 12,884 SGD
Estimated Weekly Salary: 2,973 SGD per week
Estimated Hourly Salary: 74 SGD per hour
By working as Mortgage Broker a person can save up to 3,744 USD per month or 44,923 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Mortgage Broker
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Broker salary in Singapore
Average Yearly Salary of Mortgage Broker in Singapore is approximately 154,611 SGD (77,179 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: 154,611 SGD
Estimated Monthly Salary: 12,884 SGD
Estimated Weekly Salary: 2,973 SGD per week
Estimated Hourly Salary: 74 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 149,426 SGDEstimated Monthly Salary: 12,452 SGD
Estimated Weekly Salary: 2,874 SGD per week
Estimated Hourly Salary: 72 SGD 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: 77,179 USD
Estimated Monthly Salary: 6,432 USD
Estimated Weekly Salary: 1,484 USD per week
Estimated Hourly Salary: 37 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Broker job salary compared to average salary in Singapore.
Comparison shows that a person working as Mortgage Broker in Singapore earns on average:
1.62 times the average salary (or 162% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Broker job salary compared to average salary in Singapore.
Comparison shows that a person working as Mortgage Broker in Singapore earns on average:
1.62 times the average salary (or 162% 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 170,072 SGD and 224,186 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Broker in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 154,611 SGD
Estimated Monthly Salary: 12,884 SGD
Estimated Weekly Salary: 2,973 SGD per week
Estimated Hourly Salary: 74 SGD per hour
By working as Mortgage Broker a person can save up to 3,744 USD per month or 44,923 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 20,499 USD
Indonesia is 12,134 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Simulation programmer (244,648 SGD per year, pre-tax.)
Regional manager retail (115,457 SGD per year, pre-tax.)
Grocery store manager (149,426 SGD per year, pre-tax.)
Land acquisition agent (169,936 SGD per year, pre-tax.)
Assembler (83,256 SGD per year, pre-tax.)
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