Commercial Mortgage Broker Salaries in Illinois
How Much Does a Commercial Mortgage Broker Make in Illinois?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Commercial Mortgage Broker in Illinois is $95,873.
While Salary.com is seeing that Commercial Mortgage Broker salary in IL can go up to $133,286
or down to $68,893, but most earn between $81,751 and $115,456.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Commercial Mortgage Broker
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Similar Job Salaries to Commercial Mortgage Broker by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Miller Chicago Real Estate
Real Estate Commercial Broker
|
$132,335/yr
|
RANGE: $103,431 - $161,239
|
|
Sands Investment Group
Junior Commercial Real Estate Broker
|
$119,574/yr
|
RANGE: $94,283 - $144,865
|
|
Touchstone Group Real Estate and Construction
Real Estate Broker – Investment & Commercial Properties
|
$130,812/yr
|
RANGE: $103,101 - $158,523
|
|
HomeForce Mortgage
Mortgage Broker
|
$97,155/yr
|
RANGE: $77,444 - $116,865
|
|
Aegon Asset Management
Associate Director, Commercial Mortgage Loan Production - Aegon AM
|
$131,729/yr
|
RANGE: $108,185 - $155,273
|
|
Edge Home Finance Corporation
Mortgage Broker/Loan Officer
|
$96,662/yr
|
RANGE: $77,051 - $116,273
|
|
Bhired
Mortgage Broker - 1378
|
$94,989/yr
|
RANGE: $75,717 - $114,260
|
|
Greenside Capital
Senior Mortgage Broker
|
$92,428/yr
|
RANGE: $73,021 - $111,835
|
|
Mortgage Quote
Licensed Mortgage Broker
|
$94,989/yr
|
RANGE: $75,717 - $114,260
|
|
Lendi Group
Retail Mortgage Broker
|
$69,054/yr
|
RANGE: $57,209 - $80,898
|
Top 10 Highest Paying Cities For Commercial Mortgage Broker Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Commercial Mortgage Broker can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Commercial Mortgage Broker job salaries in Illinois.
Some cities can pay higher salaries for Commercial Mortgage Broker jobs, which can indicate that there is a large demand for Commercial Mortgage Broker positions in this city.
The following table shows top 10 cities where the Commercial Mortgage Broker salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Evanston.
The Commercial Mortgage Broker salary is $98,310 in Chicago,
which is higher than the national average. There are 20 cities' Commercial Mortgage Broker salary higher than national average in Illinois.
The average salary for a Commercial Mortgage Broker in Illinois is $95,873,
but we found that the city with the highest salary for Commercial Mortgage Broker jobs is Chicago, IL, and it is higher than Cicero.
Commercial Mortgage Broker jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $98,310 | $8,192 | $1,891 | $47 |
| Cicero | $98,310 | $8,192 | $1,891 | $47 |
| Evanston | $98,310 | $8,192 | $1,891 | $47 |
| Oak Park | $98,310 | $8,192 | $1,891 | $47 |
| Skokie | $98,310 | $8,192 | $1,891 | $47 |
| Oak Lawn | $98,216 | $8,185 | $1,889 | $47 |
| Des Plaines | $98,028 | $8,169 | $1,885 | $47 |
| Mount Prospect | $97,935 | $8,161 | $1,883 | $47 |
| Aurora | $97,466 | $8,122 | $1,874 | $47 |
| Hoffman Estates | $97,466 | $8,122 | $1,874 | $47 |
What Does a Commercial Mortgage Broker Do?
A good commercial mortgage broker will provide you with all of the unbiased honest guidance and consulting services you need to ensure that you get matched with the mortgage that is best suited for you.
Updated December 06, 2021
The reality is that there are a number of ways in which you can save money by engaging a mortgage broker to provide assistance with your commercial real estate financing needs and objectives.
Updated October 25, 2021
Whether you are looking to buy a commercial or mixed-use property, or if you already own commercial properties and need to take out equity, the commercial mortgage team at Clover can help you get approved for a commercial mortgage or equity loan that is right for you.
Updated December 22, 2021
Active commercial mortgage brokers are often times provided special rate options based on the volume of business they bring to a lender and this rate savings is passed along to the borrower.
Updated December 19, 2021
Clover has access to a wide range of fixed rate, variable rate and interest only commercial mortgages from.
Updated December 18, 2021
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Explore JobArchitectFrequently Asked Questions About a Commercial Mortgage Broker Salaries
What is the average of a Commercial Mortgage Broker in Illinois?
The Commercial Mortgage Broker salary range is from $81,751 to $115,456, and the average Commercial Mortgage Broker salary is $95,873/year in Illinois.
The Commercial Mortgage Broker's salary will change in different locations.
Which location pays the highest Commercial Mortgage Broker salary in the United States?
The Commercial Mortgage Broker salary in San Jose, CA is $117,615
which is the highest in the US.
What kinds of reasons will influence the Commercial Mortgage Broker's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Commercial Mortgage Broker.
What is the growth rate of the Commercial Mortgage Broker's salary?
If you are thinking of becoming a Commercial Mortgage Broker or planning the next step in your career, find the detailed salary report of a Commercial Mortgage Broker.
