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Mortgage Banker salary in Bahrain

Average Yearly Salary of Mortgage Banker in Bahrain is approximately 52,394 BHD (17,507 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 Banker do?

occupation personasA mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.

Skills: Mortgage banker, Loan specialist, Real estate financing, Mortgage application, Financial analysis, Client relationship management
Job industry: Finance


How much does Mortgage Banker make?

Salary details
How much does Mortgage Banker make?
Estimated Yearly Salary: 52,394 BHD
Estimated Monthly Salary: 4,366 BHD
Estimated Weekly Salary: 1,008 BHD per week
Estimated Hourly Salary: 25 BHD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 50,811 BHD
Estimated Monthly Salary: 4,234 BHD
Estimated Weekly Salary: 977 BHD per week
Estimated Hourly Salary: 24 BHD per hour
Last revision of data: 2024-01-03



Mortgage Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 17,507 USD
Estimated Monthly Salary: 1,459 USD
Estimated Weekly Salary: 337 USD per week
Estimated Hourly Salary: 8 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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.

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Salary comparison to National average

Bahrain is a small island country located in the Persian Gulf. It has a population of approximately 1.7 million people and covers an area of about 765 square kilometers. The country is known for its diverse population, with Bahrainis making up the majority, along with expatriates from various countries.

Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Banker job salary compared to average salary in Bahrain.
Comparison shows that a person working as Mortgage Banker in Bahrain earns on average:
1.11 times the average salary (or 111% of average salary).

Is Mortgage Banker a well paid job?

Yes, our data show that Mortgage Banker 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 Banker?

High salary for Mortgage Banker would be somewhere between 57,633 BHD and 75,971 BHD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mortgage Banker in Bahrain?

Living in Bahrain the approximate monthly expenses are: 714 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: 52,394 BHD
Estimated Monthly Salary: 4,366 BHD
Estimated Weekly Salary: 1,008 BHD per week
Estimated Hourly Salary: 25 BHD per hour
By working as Mortgage Banker a person can save up to 745 USD per month or 8,934 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 Bahrain, see costs of living in Bahrain.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Qatar, United Arab Emirates, Iran.
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 Banker

Saudi Arabia is 27,129 USDup arrow 55%
Details on Mortgage Banker salary in Saudi Arabia
Qatar is 69,098 USDup arrow 295%
Details on Mortgage Banker salary in Qatar
United Arab Emirates is 48,051 USDup arrow 174%
Details on Mortgage Banker salary in United Arab Emirates
Iran is 7,774 USDdown arrow 56%
Details on Mortgage Banker salary in Iran
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Bahrain

(558,713 BHD per year, pre-tax.)
(465,639 BHD per year, pre-tax.)
(451,143 BHD per year, pre-tax.)
(434,438 BHD per year, pre-tax.)
(434,281 BHD per year, pre-tax.)
(426,541 BHD per year, pre-tax.)
(426,427 BHD per year, pre-tax.)
(425,832 BHD per year, pre-tax.)
(425,216 BHD per year, pre-tax.)
(425,203 BHD per year, pre-tax.)

Data as of 2025

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