Mortgage Originator salary in Algeria

Average Yearly Salary of Mortgage Originator in Algeria is approximately 2,404,684 DZD (13,879 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 Mortgage Originator do?

A mortgage originator is a professional who specializes in helping individuals and businesses secure financing for purchasing or refinancing real estate. They work closely with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage originators are responsible for gathering all necessary documentation, such as income statements, credit reports, and property appraisals, to determine the borrower's eligibility for a loan. They also assist in completing loan applications, negotiating terms and conditions with lenders, and ensuring compliance with all relevant regulations and guidelines. Additionally, mortgage originators provide ongoing support to clients, addressing any concerns or questions they may have throughout the loan process.

Skills: Mortgage originator, Loan officer, Real estate financing, Mortgage application, Financial advisor, Loan processing
Job industry: Finance

How much does Mortgage Originator make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Mortgage Originator a well paid job?

Yes, our data show that Mortgage Originator is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Mortgage Originator?

High salary for Mortgage Originator would be somewhere between 2,645,152 DZD and 3,486,792 DZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mortgage Originator 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: 2,404,684 DZD
Estimated Monthly Salary: 200,390 DZD
Estimated Weekly Salary: 46,244 DZD per week
Estimated Hourly Salary: 1,156 DZD per hour
By working as Mortgage Originator a person can save up to 597 USD per month or 7,159 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 Mortgage Originator

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Algeria

Data as of 2025

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