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Loan Broker Salary in California

How much does a Loan Broker make in California? The salary range for a Loan Broker job is from $62,924 to $81,939 per year in California. Click on the filter to check out Loan Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$71,196
Per Year
The average salary for a Loan Broker is $71,196
per Year in California.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$62,924
$71,196
Medium
$81,939

Highest Paying Cities for Loan Broker in California

Here are the top eight that pay the highest Loan Broker salary in CA. Due to the cost of living in different locations, the Loan Broker salary will also be different. San Jose with the highest wage for the Loan Broker in California has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Loan Broker

Loan Broker works in California will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.
Top 5 States with Higher Salaries For
Loan Broker in the United States:
Loan Broker in District of Columbia: $71,842
Loan Broker in California: $71,196
Loan Broker in New Jersey: $70,745
Loan Broker in Alaska: $70,293
Loan Broker in Massachusetts: $70,228

How Much Do Similar Professions Get Paid in California?

The Loan Broker jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Loan Broker, while they have the Loan Broker responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Business Loan Broker
Average salary
United States
$65,328
per Year
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Broker
Average salary
United States
$105,131
per Year
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Broker Assistant
Average salary
United States
$42,014
per Year
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Job openings
Business Broker
Average salary
United States
$70,903
per Year
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Job openings
Broker In Charge
Average salary
United States
$96,136
per Year
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Job openings
Energy Broker
Average salary
United States
$68,845
per Year
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Job openings

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.
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What Does a Loan Broker Do?

In cases where the lender covers the fee, it is important to ensure that you are not being steered toward a more expensive loan because it comes with a higher commission for the broker.

December 22, 2021

The Commercial Loan Broker Institute is a one-stop-shop for all your commercial loan broker business needs.

December 20, 2021

A mortgage broker can simplify this process by connecting homebuyers with appropriate loans, preparing application materials and guiding the borrower through underwriting and closing.

December 18, 2021

If you’ve ever dreamed about owning your own business, being your own boss, working on your own time and making a great living doing so, then don’t pass up this loan broker business opportunity that’s waiting for you.

December 17, 2021

Individuals who are less qualified buyers or are buying less traditional properties will have an easier time finding loans for which they can be approved by going through a mortgage broker than by going through individual direct lenders with generally stricter criteria for approval.

December 13, 2021

Most Common Benefits for Loan Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Loan Broker
Get a personal salary report to know Which factors can influence Loan Broker salary.
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In cases where the lender covers the fee, it is important to ensure that you are not being steered toward a more expensive loan because it comes with a higher commission for the broker.
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Check the below career pages for detailed pay ranges for similar professions to Loan Broker:
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San Jose pays the highest Loan Broker wage. Get personal salary report to explore more salary information in different cities.
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The Loan Broker salary range is $62,924 to $81,939 in CA.
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