Commercial Mortgage Broker Salaries in Minnesota
How Much Does a Commercial Mortgage Broker Make in Minnesota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Mortgage Broker in Minnesota is $96,027.
While Salary.com is seeing that Commercial Mortgage Broker salary in MN can go up to $133,491
or down to $69,028, but most earn between $81,895 and $115,637.
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 |
|---|---|---|
|
Minntrust Mortgage, LLC
Mortgage Loan Originator for Broker
|
$64,211/yr
|
RANGE: $57,912 - $70,509
|
|
Thorpe Commercial Capital
Commercial Loan Officer/Commercial Mortgage Broker
|
$112,951/yr
|
RANGE: $99,100 - $126,801
|
|
CLS CRE
Commercial Real Estate Mortgage Broker - Sr Associate
|
$74,519/yr
|
RANGE: $66,241 - $82,796
|
|
Ultimate Staffing
Sr. Commercial Mortgage Insurance Analyst ($75 - 85K)
|
$81,592/yr
|
RANGE: $73,048 - $90,137
|
|
Real Estate Exchange
Mortgage Broker
|
$84,946/yr
|
RANGE: $76,334 - $93,557
|
|
Onyx Funding
Mortgage Broker
|
$72,561/yr
|
RANGE: $65,205 - $79,916
|
|
Countrywide Surveying Services
Mortgage Broker
|
$77,430/yr
|
RANGE: $69,581 - $85,280
|
|
NEXA Mortgage
Mortgage Broker
|
$72,683/yr
|
RANGE: $65,315 - $80,052
|
|
WELLS FARGO BANK
Senior Commercial Mortgage Administration Specialist - Commercial Real Estate Loan Operations
|
$111,644/yr
|
RANGE: $99,737 - $123,551
|
|
Wells Fargo
Job Posting Title Commercial Mortgage Loan Administration Specialist
|
$64,171/yr
|
RANGE: $56,488 - $71,853
|
Top 10 Highest Paying Cities For Commercial Mortgage Broker Jobs in Minnesota
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 Minnesota.
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 Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Commercial Mortgage Broker salary is $98,213 in Minneapolis,
which is higher than the national average. There are 7 cities' Commercial Mortgage Broker salary higher than national average in Minnesota.
The average salary for a Commercial Mortgage Broker in Minnesota is $96,027,
but we found that the city with the highest salary for Commercial Mortgage Broker jobs is Minneapolis, MN, and it is higher than Saint Paul.
Commercial Mortgage Broker jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $98,213 | $8,184 | $1,889 | $47 |
| Saint Paul | $98,213 | $8,184 | $1,889 | $47 |
| Minnetonka | $98,213 | $8,184 | $1,889 | $47 |
| Eden Prairie | $98,044 | $8,170 | $1,885 | $47 |
| Burnsville | $97,932 | $8,161 | $1,883 | $47 |
| Lakeville | $97,594 | $8,133 | $1,877 | $47 |
| Rochester | $94,075 | $7,840 | $1,809 | $45 |
| Saint Cloud | $92,573 | $7,714 | $1,780 | $45 |
| Duluth | $90,012 | $7,501 | $1,731 | $43 |
What Does a Commercial Mortgage Broker Do?
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
A CMHC insured mortgage can help keep the amount required for a deposit low while also reducing the rate that you pay in interest on your commercial mortgage.
Updated December 17, 2021
With the help an experienced professional mortgage broker from Clover Mortgage, your search for the right commercial mortgage can be easy.
Updated December 17, 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 Minnesota?
The Commercial Mortgage Broker salary range is from $81,895 to $115,637, and the average Commercial Mortgage Broker salary is $96,027/year in Minnesota.
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 $118,361
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.
