Home > Salary > Algeria > Loan Processor
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Estimated Yearly Salary: 1,698,104 DZD
Estimated Monthly Salary: 141,509 DZD
Estimated Weekly Salary: 32,656 DZD per week
Estimated Hourly Salary: 816 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 136,396 DZD
Estimated Weekly Salary: 31,476 DZD per week
Estimated Hourly Salary: 787 DZD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 9,755 USD
Estimated Monthly Salary: 813 USD
Estimated Weekly Salary: 188 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 1,698,104 DZD
Estimated Monthly Salary: 141,509 DZD
Estimated Weekly Salary: 32,656 DZD per week
Estimated Hourly Salary: 816 DZD per hour
By working as Loan Processor a person can save up to 253 USD per month or 3,035 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Live-in caregiver (1,200,046 DZD per year, pre-tax.)
Vice president (vp), finance (5,544,134 DZD per year, pre-tax.)
Temporary receptionist (1,286,931 DZD per year, pre-tax.)
Lead caregiver (924,673 DZD per year, pre-tax.)
Warehouse assistant manager (2,518,249 DZD per year, pre-tax.)
Loan Processor salary in Algeria
Average Yearly Salary of Loan Processor in Algeria is approximately 1,698,104 DZD (9,755 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Processor do?
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Skills: loan processing, financial services, mortgage industry, loan documentation, credit analysis, customer service
Job industry: Finance
Job industry: Finance
How much does Loan Processor make?
Salary details
How much does Loan Processor make?Estimated Yearly Salary: 1,698,104 DZD
Estimated Monthly Salary: 141,509 DZD
Estimated Weekly Salary: 32,656 DZD per week
Estimated Hourly Salary: 816 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,636,753 DZDEstimated Monthly Salary: 136,396 DZD
Estimated Weekly Salary: 31,476 DZD per week
Estimated Hourly Salary: 787 DZD per hour
Last revision of data: 2024-01-07Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,755 USD
Estimated Monthly Salary: 813 USD
Estimated Weekly Salary: 188 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Algeria.
Comparison shows that a person working as Loan Processor in Algeria earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Algeria.
Comparison shows that a person working as Loan Processor in Algeria earns on average:
0.76 times the average salary (or 76% of average salary).
Is Loan Processor a well paid job?
No, our data shows that Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Processor?
High salary for Loan Processor would be somewhere between 1,867,914 DZD and 2,462,251 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 1,698,104 DZD
Estimated Monthly Salary: 141,509 DZD
Estimated Weekly Salary: 32,656 DZD per week
Estimated Hourly Salary: 816 DZD per hour
By working as Loan Processor a person can save up to 253 USD per month or 3,035 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Processor
Tunisia is 8,412 USD
Morocco is 10,473 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Live-in caregiver (1,200,046 DZD per year, pre-tax.)
Vice president (vp), finance (5,544,134 DZD per year, pre-tax.)
Temporary receptionist (1,286,931 DZD per year, pre-tax.)
Lead caregiver (924,673 DZD per year, pre-tax.)
Warehouse assistant manager (2,518,249 DZD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=algeria&job=loan-processor'><img src='https://optisalary.com/wp-content/graphs/salary/loan-processor-salary-in-algeria-2025.jpg' alt='loan processor salary in algeria 2025' title='loan processor salary in algeria 2025' /></a>
Please note:This website presents salary data for informational purposes only.
This website aggregates salary data for educational use exclusively. While we endeavor to deliver correct estimates, we cannot warrant their full precision. Users are strongly advised to check with additional sources before making career-related decisions. Salary amounts fluctuate based on several conditions, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the listed information. Your access of this site acknowledges acceptance of this disclaimer.
The salary data on this site is intended for reference purposes only. We provide salary insights derived from multiple datasets, but cannot guarantee absolute accuracy. Users should always verify salary details with other reliable sources before making financial decisions. Fluctuations in salary figures may arise due to several factors, including location, experience, and industry. We do not offer any guarantee regarding the entirety of the displayed salary data. Use of this website constitutes acceptance of these conditions.