Question: Does RBC Pay Well?

What is the difference between a mortgage broker and a mortgage specialist?

Unlike mortgage broker who belongs to an independent firm having access to a variety of lenders, a mortgage specialist is employed by a lending institution to promote and sell their mortgage products.

Mortgage specialists are loan officers who work for the banks and get paid by them..

Which bank pays the highest salary in Canada?

Royal Bank of Canada385 Royal Bank of Canada Employee Salaries According to our data, the highest paying job at Royal Bank of Canada is a Counsel at $175,000 annually while the lowest paying job at Royal Bank of Canada is an Intern at $24,000 annually.

What jobs pay well in Canada?

The best-paying jobs in CanadaNurse Practitioner.Utilities Manager.Physician/doctor.Dentist.Mining Supervisor.Engineer.Statistician or Actuary.Construction Manager.

Which bank is best to work for in Canada?

All of the Big Five banks made the list, with RBC coming out on top, followed by TD Canada Trust. The Toronto Transit Commission, Telus Communications, General Motors, and The Hospital for Sick Children also ranked in the top five.

How much does a mortgage specialist make in Ontario?

The average salary for a Mortgage Specialist is $53,429 per year in Canada. Salary estimates are based on 25 salaries submitted anonymously to Indeed by Mortgage Specialist employees, users, and collected from past and present job advertisements on Indeed in the past 36 months.

How much do RBC employees make?

The average RBC salary ranges from approximately $34,808 per year for Insurance Agent to $156,134 per year for Director. Average RBC hourly pay ranges from approximately $12.00 per hour for Investment Consultant to $30.02 per hour for Banking Advisor.

Does RBC pay well?

RBC Bank pays its employees an average of C$60,327 a year. … RBC Bank employees with the job title Senior Project Manager, IT make the most with an average annual salary of C$108,949, while employees with the title Customer Service Representative (CSR) make the least with an average annual salary of C$38,178.

Do mortgage brokers work from home?

As a mortgage broker, you can work independently or for an agency. … Some agencies allow you to work from home, at least for a certain period, while researching client credit reports, the loan market, and real estate values, but there may be days where you must attend in-house meetings.

What is a good starting salary Canada?

Find out what is the average Good salary The average Good salary in Canada is $66,300 per year or $34 per hour. Entry level positions start at $25,072 per year while most experienced workers make up to $112,710 per year.

How much does a mortgage specialist make?

An early career Mortgage Loan Specialist with 1-4 years of experience earns an average total compensation of $17.23 based on 109 salaries. A mid-career Mortgage Loan Specialist with 5-9 years of experience earns an average total compensation of $19.12 based on 62 salaries.

Is mortgage broking a good career?

Rewarding: Mortgage broking is a rewarding career as you’ll be helping Australians achieve the dream of owning their own home or building their business. … Mortgage brokers help their clients feel at ease by finding a loan that’s best suited to their financial circumstances.

How much money do mortgage brokers make in Canada?

An experienced Mortgage Broker with 10-19 years of experience earns an average total compensation of C$60,678 based on 17 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$85,000.