Home > Salary > Ecuador > Assistant Loan Processor
An assistant loan processor is responsible for supporting the loan processing team in various administrative tasks related to loan applications. They assist in gathering and organizing documentation, reviewing loan files for completeness, verifying borrower information, and inputting data into loan processing systems. They may also communicate with borrowers, lenders, and other parties involved in the loan process to obtain additional information or clarify details.
This role requires strong organizational skills, attention to detail, and the ability to work efficiently in a fast-paced environment. Assistant loan processors should have good communication skills to effectively collaborate with team members and provide excellent customer service. They must also be familiar with loan processing software and have a basic understanding of lending regulations and procedures.
Estimated Yearly Salary: 116,830,465 ECS
Estimated Monthly Salary: 9,735,872 ECS
Estimated Weekly Salary: 2,246,740 ECS per week
Estimated Hourly Salary: 56,168 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,397,752 ECS
Estimated Weekly Salary: 2,168,712 ECS per week
Estimated Hourly Salary: 54,218 ECS per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,140 USD
Estimated Monthly Salary: 345 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 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: 116,830,465 ECS
Estimated Monthly Salary: 9,735,872 ECS
Estimated Weekly Salary: 2,246,740 ECS per week
Estimated Hourly Salary: 56,168 ECS per hour
By working as Assistant Loan Processor a person can save up to 93 USD per month or 1,111 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Assistant Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Assistant Loan Processor salary in Ecuador
Average Yearly Salary of Assistant Loan Processor in Ecuador is approximately 116,830,465 ECS (4,140 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 Assistant Loan Processor do?
An assistant loan processor is responsible for supporting the loan processing team in various administrative tasks related to loan applications. They assist in gathering and organizing documentation, reviewing loan files for completeness, verifying borrower information, and inputting data into loan processing systems. They may also communicate with borrowers, lenders, and other parties involved in the loan process to obtain additional information or clarify details.
This role requires strong organizational skills, attention to detail, and the ability to work efficiently in a fast-paced environment. Assistant loan processors should have good communication skills to effectively collaborate with team members and provide excellent customer service. They must also be familiar with loan processing software and have a basic understanding of lending regulations and procedures.
Skills: Loan processing, Administrative support, Documentation management, Customer service, Data entry, Loan application review
Job industry: Banking
Job industry: Banking
How much does Assistant Loan Processor make?
Salary details
How much does Assistant Loan Processor make?Estimated Yearly Salary: 116,830,465 ECS
Estimated Monthly Salary: 9,735,872 ECS
Estimated Weekly Salary: 2,246,740 ECS per week
Estimated Hourly Salary: 56,168 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 112,773,019 ECSEstimated Monthly Salary: 9,397,752 ECS
Estimated Weekly Salary: 2,168,712 ECS per week
Estimated Hourly Salary: 54,218 ECS per hour
Last revision of data: 2024-01-02Assistant Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,140 USD
Estimated Monthly Salary: 345 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 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
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Processor job salary compared to average salary in Ecuador.
Comparison shows that a person working as Assistant Loan Processor in Ecuador earns on average:
0.71 times the average salary (or 71% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Processor job salary compared to average salary in Ecuador.
Comparison shows that a person working as Assistant Loan Processor in Ecuador earns on average:
0.71 times the average salary (or 71% of average salary).
Is Assistant Loan Processor a well paid job?
No, our data shows that Assistant Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Assistant Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Assistant Loan Processor?
High salary for Assistant Loan Processor would be somewhere between 128,513,512 ECS and 169,404,174 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Loan Processor in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 116,830,465 ECS
Estimated Monthly Salary: 9,735,872 ECS
Estimated Weekly Salary: 2,246,740 ECS per week
Estimated Hourly Salary: 56,168 ECS per hour
By working as Assistant Loan Processor a person can save up to 93 USD per month or 1,111 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Assistant Loan Processor
Colombia is 4,263 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Subcontract administrator (207,859,118 ECS per year, pre-tax.)
Treasury assistant (122,931,794 ECS per year, pre-tax.)
News producer (164,713,649 ECS per year, pre-tax.)
Travel writer (171,124,363 ECS per year, pre-tax.)
Named account executive (157,201,428 ECS per year, pre-tax.)
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optisalary.com aggregates salary data for reference use exclusively. We strive to provide reliable figures, but cannot guarantee their precision. Users are encouraged to check official sources before making financial decisions. Salary ranges may fluctuate due to company policies, market demands, and skills. We assume no responsibility for errors in the salary information provided. Your engagement with this site confirms agreement of this policy.