How To Become A Commercial Mortgage Broker: What It Is and Career Path

What is a commercial mortgage broker and how to become one

Updated January 8, 2025

3 min read

There is more than meets the eye when it comes to being a commercial mortgage broker. For example, did you know that they make an average of $60.62 an hour? That's $126,099 a year! Between 2018 and 2028, the career is expected to grow 4% and produce 12,600 job opportunities across the U.S.

ScoreCommercial Mortgage BrokerUS Average

Salary

8.3

Avg. Salary $126,099

Avg. Salary $59,228

Stability level

7.3

Growth rate 4%

Growth rate 0.3%

Diversity

5.5

Race

American Indian and Alaska Native 0.48%

Asian 6.42%

Black or African American 9.25%

Hispanic or Latino 16.08%

Unknown 4.64%

White 63.13%

Gender

female 22.79%

male 77.21%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

7.3

Stress level is high

7.1 - high

Complexity level

8.8

Complexity level is advanced

7 - challenging

Work life balance

5.6

Work life balance is fair

6.4 - fair

Key steps to become a commercial mortgage broker

Explore commercial mortgage broker education requirements

Most common commercial mortgage broker degrees

Bachelor's

71.5 %

Master's

10.8 %

Associate

10.1 %

Start to develop specific commercial mortgage broker skills

Skills	Percentages
Real Estate Transactions	20.28%
Lenders	11.40%
Commercial Property	10.47%
Real Estate Brokers	10.46%
Client Relationships	8.17%

Complete relevant commercial mortgage broker training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New commercial mortgage brokers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a commercial mortgage broker based on U.S. Bureau of Labor Statistics data and data from real commercial mortgage broker resumes.

Research commercial mortgage broker duties and responsibilities

Analyze and support development and execution of underwriting, automation and operational strategies to efficiently and effectively manage the portfolio.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Originate residential prime, sub-prime, and commercial mortgages.

Prepare your commercial mortgage broker resume

When your background is strong enough, you can start writing your commercial mortgage broker resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a commercial mortgage broker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable commercial mortgage broker resume templates

Build a professional commercial mortgage broker resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your commercial mortgage broker resume.