Home > Salary > Denmark > Loss Mitigation Specialist
A loss mitigation specialist is an individual who works in the financial industry, specifically in the field of mortgage loans. Their primary responsibility is to assess and manage the risk associated with delinquent or defaulted loans. They work closely with borrowers who are facing financial difficulties to find viable solutions that will help them avoid foreclosure. This involves reviewing financial documents, analyzing loan terms, negotiating with borrowers, and recommending appropriate alternatives such as loan modifications, repayment plans, or short sales.
Estimated Yearly Salary: 357,347 DKK
Estimated Monthly Salary: 29,779 DKK
Estimated Weekly Salary: 6,872 DKK per week
Estimated Hourly Salary: 172 DKK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,857 DKK
Estimated Weekly Salary: 6,659 DKK per week
Estimated Hourly Salary: 166 DKK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 51,347 USD
Estimated Monthly Salary: 4,279 USD
Estimated Weekly Salary: 987 USD per week
Estimated Hourly Salary: 25 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 357,347 DKK
Estimated Monthly Salary: 29,779 DKK
Estimated Weekly Salary: 6,872 DKK per week
Estimated Hourly Salary: 172 DKK per hour
By working as Loss Mitigation Specialist a person can save up to 1,351 USD per month or 16,211 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 Denmark, see costs of living in Denmark.
Estimated Yearly Salary for Loss Mitigation Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Loss Mitigation Specialist salary in Denmark
Average Yearly Salary of Loss Mitigation Specialist in Denmark is approximately 357,347 DKK (51,347 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 Loss Mitigation Specialist do?
A loss mitigation specialist is an individual who works in the financial industry, specifically in the field of mortgage loans. Their primary responsibility is to assess and manage the risk associated with delinquent or defaulted loans. They work closely with borrowers who are facing financial difficulties to find viable solutions that will help them avoid foreclosure. This involves reviewing financial documents, analyzing loan terms, negotiating with borrowers, and recommending appropriate alternatives such as loan modifications, repayment plans, or short sales.
Skills: Loss mitigation specialist, Mortgage industry, Risk management, Loan modification, Foreclosure prevention, Financial analysis
Job industry: Finance
Job industry: Finance
How much does Loss Mitigation Specialist make?
Salary details
How much does Loss Mitigation Specialist make?Estimated Yearly Salary: 357,347 DKK
Estimated Monthly Salary: 29,779 DKK
Estimated Weekly Salary: 6,872 DKK per week
Estimated Hourly Salary: 172 DKK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 346,283 DKKEstimated Monthly Salary: 28,857 DKK
Estimated Weekly Salary: 6,659 DKK per week
Estimated Hourly Salary: 166 DKK per hour
Last revision of data: 2024-01-06Loss Mitigation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 51,347 USD
Estimated Monthly Salary: 4,279 USD
Estimated Weekly Salary: 987 USD per week
Estimated Hourly Salary: 25 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Denmark is a Scandinavian country located in Northern Europe. It has a population of approximately 5.8 million people and covers an area of around 43,094 square kilometers. The country consists of the Jutland Peninsula and numerous islands, including Zealand, Funen, and Bornholm.
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Loss Mitigation Specialist job salary compared to average salary in Denmark.
Comparison shows that a person working as Loss Mitigation Specialist in Denmark earns on average:
0.72 times the average salary (or 72% of average salary).
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Loss Mitigation Specialist job salary compared to average salary in Denmark.
Comparison shows that a person working as Loss Mitigation Specialist in Denmark earns on average:
0.72 times the average salary (or 72% of average salary).
Is Loss Mitigation Specialist a well paid job?
No, our data shows that Loss Mitigation Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loss Mitigation Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loss Mitigation Specialist?
High salary for Loss Mitigation Specialist would be somewhere between 393,082 DKK and 518,153 DKK. However this is an estimation based on Gaussian Distribution.How much can you save working as Loss Mitigation Specialist in Denmark?
Living in Denmark the approximate monthly expenses are: 2,928 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: 357,347 DKK
Estimated Monthly Salary: 29,779 DKK
Estimated Weekly Salary: 6,872 DKK per week
Estimated Hourly Salary: 172 DKK per hour
By working as Loss Mitigation Specialist a person can save up to 1,351 USD per month or 16,211 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 Denmark, see costs of living in Denmark.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Sweden, Norway. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loss Mitigation Specialist
Germany is 37,375 USD
Sweden is 43,897 USD
Norway is 66,565 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 Denmark
(5,348,299 DKK per year, pre-tax.)
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4. Neurosurgeon
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(4,079,039 DKK per year, pre-tax.)
(4,074,872 DKK per year, pre-tax.)
8. Oncologist
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10. Dermatologist
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Data as of 2025Random salary:
Sql administrator (709,317 DKK per year, pre-tax.)
Fishmonger (295,657 DKK per year, pre-tax.)
Consultant business process management (702,370 DKK per year, pre-tax.)
Steelworker (385,378 DKK per year, pre-tax.)
Certified medication aide (222,897 DKK per year, pre-tax.)
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