Home > Salary > South Africa > 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: 155,896 ZAR
Estimated Monthly Salary: 12,991 ZAR
Estimated Weekly Salary: 2,998 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,563 ZAR
Estimated Weekly Salary: 2,899 ZAR per week
Estimated Hourly Salary: 72 ZAR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 7,822 USD
Estimated Monthly Salary: 652 USD
Estimated Weekly Salary: 150 USD per week
Estimated Hourly Salary: 4 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: 155,896 ZAR
Estimated Monthly Salary: 12,991 ZAR
Estimated Weekly Salary: 2,998 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
By working as Mortgage Broker a person can save up to 381 USD per month or 4,568 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 South Africa, see costs of living in South Africa.
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 South Africa
Average Yearly Salary of Mortgage Broker in South Africa is approximately 155,896 ZAR (7,822 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: 155,896 ZAR
Estimated Monthly Salary: 12,991 ZAR
Estimated Weekly Salary: 2,998 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 150,760 ZAREstimated Monthly Salary: 12,563 ZAR
Estimated Weekly Salary: 2,899 ZAR per week
Estimated Hourly Salary: 72 ZAR per hour
Last revision of data: 2024-01-07Mortgage Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,822 USD
Estimated Monthly Salary: 652 USD
Estimated Weekly Salary: 150 USD per week
Estimated Hourly Salary: 4 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
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Broker job salary compared to average salary in South Africa.
Comparison shows that a person working as Mortgage Broker in South Africa earns on average:
1.23 times the average salary (or 123% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Broker job salary compared to average salary in South Africa.
Comparison shows that a person working as Mortgage Broker in South Africa earns on average:
1.23 times the average salary (or 123% 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 171,486 ZAR and 226,049 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Broker in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 155,896 ZAR
Estimated Monthly Salary: 12,991 ZAR
Estimated Weekly Salary: 2,998 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
By working as Mortgage Broker a person can save up to 381 USD per month or 4,568 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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: 2025-01-04Salary 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 South Africa
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Data as of 2025Random salary:
Stage manager live performances or events (73,627 ZAR per year, pre-tax.)
Tv camera operator (92,670 ZAR per year, pre-tax.)
Engineering director (410,095 ZAR per year, pre-tax.)
Range manager (186,603 ZAR per year, pre-tax.)
Animal trainer for film and television (111,713 ZAR per year, pre-tax.)
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