mortgage broker
Mortgage brokers handle mortgage loan applications from clients, collect loan documentation and search for new mortgage lending opportunities. They complete and close mortgage loan processes for their clients.
mortgage broker mortgage brokers handle mortgage loan applications from clients, collect loan documentation and search for new mortgage lending opportunities. They complete and close mortgage loan processes for their clients. The role shows moderate AI exposure (0.50 on a 0-1 scale) — some tasks are being automated but the role adapts. The most in-demand skills for the role include banking activities, securities, mortgage loans, property law, actuarial science.
Pay in the UK
UK: median £56,689 a year for Brokers (ONS ASHE 2025, full-time)
UK jobs are grouped differently; this is the closest UK occupation group (ONS SOC 2020 3531). ONS rates this estimate acceptable: it rests on a small sample, so treat it as a rough guide. 2025 provisional figures; ONS revises them a year later. Source: ONS Annual Survey of Hours and Earnings (Open Government Licence)
Pay in India (occupation group)
Average monthly earnings of salaried employees in the occupation group “Technicians and associate professionals” in India, from the Government of India's Periodic Labour Force Survey (January–December 2025). It covers everyone in this group, not only mortgage broker, and it is not US pay converted to rupees.
Source: MoSPI (Government of India), Periodic Labour Force Survey Annual Report 2025, Table 51 — average wage/salary earnings of regular wage/salaried employees, NCO-2015 division 3. Official India data gives one average per occupation group: there are no official India figures for single careers, experience levels or cities. Read the report
Top skills
Frequently asked questions
What does mortgage broker do?
Mortgage brokers handle mortgage loan applications from clients, collect loan documentation and search for new mortgage lending opportunities. They complete and close mortgage loan processes for their clients.
What skills does mortgage broker need?
The most in-demand skills for this role include banking activities, securities, mortgage loans, property law, actuarial science, real estate underwriting. These are the skills O*NET identifies as most important for competent performance.
Will AI replace mortgage broker?
Our AI-durability model gives mortgage broker a score of 0.50 on a 0-1 scale (higher = more exposure). That places it at moderate AI exposure — some tasks are being automated but the role adapts. Learning to work with AI tools rather than against them is the path forward.