How Much Does a Commercial Mortgage Broker Make in South Dakota?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Commercial Mortgage Broker in South Dakota is $83,640. While Salary.com is seeing that Commercial Mortgage Broker salary in SD can go up to $116,285 or down to $60,130, but most earn between $71,334 and $100,727. 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
Mortgage Broker
$60,875
South Dakota
Per Year
Commercial Broker
$85,894
South Dakota
Per Year
Mortgage Broker Assistant
$47,832
South Dakota
Per Year
Trainee Mortgage Broker
$35,585
South Dakota
Per Year
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Similar Job Salaries to Commercial Mortgage Broker by Company

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Company average base salary in (usd) range
The Mountaintop Group LLC
Commercial Real Estate Mortgage Broker / Debt Advisory
$115,100/yr
$90,955
$139,246
RANGE: $90,955 - $139,246
Affinity Group
Account Executive (Food Broker)
$80,483/yr
$67,300
$93,666
RANGE: $67,300 - $93,666
Wilcoxon Insurance
Insurance Agent / Broker
$144,881/yr
$115,061
$174,700
RANGE: $115,061 - $174,700
Loans in KC
Mortgage Broker Loan Officer
$95,337/yr
$75,993
$114,681
RANGE: $75,993 - $114,681
Florida Corporation
Mortgage Broker - Loan Originator
$88,597/yr
$70,621
$106,573
RANGE: $70,621 - $106,573
Provisional Recruiting + Staffing
Designated Mortgage Broker
$105,887/yr
$84,402
$127,371
RANGE: $84,402 - $127,371
Bhired
Mortgage Broker - 1378
$97,486/yr
$77,706
$117,266
RANGE: $77,706 - $117,266
Quintessential Mortgage Group LLC
Branch Manager - Mortgage Broker
$99,171/yr
$78,389
$119,953
RANGE: $78,389 - $119,953
LSL Property Services plc
Mortgage Advisor
$77,969/yr
$61,356
$94,583
RANGE: $61,356 - $94,583
Affinity Group
Key Account Specialist (Food Broker)
$77,061/yr
$64,828
$89,294
RANGE: $64,828 - $89,294

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Top 10 Highest Paying Cities For Commercial Mortgage Broker Jobs in South Dakota

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 South Dakota. 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 South Dakota. Sioux Falls takes first place in this list, followed by Brookings, Watertown. The Commercial Mortgage Broker salary is $84,477 in Sioux Falls, which is lower than the national average. There is 0 city's Commercial Mortgage Broker salary higher than national average in South Dakota.
The average salary for a Commercial Mortgage Broker in South Dakota is $83,640, but we found that the city with the highest salary for Commercial Mortgage Broker jobs is Sioux Falls, SD, and it is higher than Brookings. Commercial Mortgage Broker jobs in Sioux Falls can have the opportunity to earn higher salaries than in other cities in South Dakota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Sioux Falls $84,477 $7,040 $1,625 $41
Brookings $83,082 $6,923 $1,598 $40
Watertown $83,082 $6,923 $1,598 $40
Rapid City $82,802 $6,900 $1,592 $40
Deadwood $81,407 $6,784 $1,566 $39
Pierre $78,337 $6,528 $1,506 $38
Aberdeen $76,941 $6,412 $1,480 $37

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

Frequently Asked Questions About a Commercial Mortgage Broker Salaries

What is the average of a Commercial Mortgage Broker in South Dakota?

The Commercial Mortgage Broker salary range is from $71,334 to $100,727, and the average Commercial Mortgage Broker salary is $83,640/year in South Dakota. 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 $116,761 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.