Home > Salary > Ecuador > Loan Originator
A loan originator is a financial professional who specializes in assisting individuals and businesses in obtaining loans. They work closely with clients to understand their financial needs and goals, evaluate their creditworthiness, and guide them through the loan application process. Loan originators are responsible for gathering all necessary documentation, such as income statements and credit reports, to determine eligibility for various loan programs. They also analyze and compare loan options, negotiate terms with lenders, and ensure compliance with lending regulations. Additionally, loan originators must maintain relationships with clients and provide ongoing support throughout the loan process.
Estimated Yearly Salary: 176,808,103 ECS
Estimated Monthly Salary: 14,734,009 ECS
Estimated Weekly Salary: 3,400,156 ECS per week
Estimated Hourly Salary: 85,004 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,260,364 ECS
Estimated Weekly Salary: 3,290,853 ECS per week
Estimated Hourly Salary: 82,271 ECS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 6,289 USD
Estimated Monthly Salary: 524 USD
Estimated Weekly Salary: 121 USD per week
Estimated Hourly Salary: 3 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: 176,808,103 ECS
Estimated Monthly Salary: 14,734,009 ECS
Estimated Weekly Salary: 3,400,156 ECS per week
Estimated Hourly Salary: 85,004 ECS per hour
By working as Loan Originator a person can save up to 272 USD per month or 3,260 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 Loan Originator
Last revision of data: 2025-01-04
Data as of 2025
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Loan Originator salary in Ecuador
Average Yearly Salary of Loan Originator in Ecuador is approximately 176,808,103 ECS (6,289 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 Originator do?
A loan originator is a financial professional who specializes in assisting individuals and businesses in obtaining loans. They work closely with clients to understand their financial needs and goals, evaluate their creditworthiness, and guide them through the loan application process. Loan originators are responsible for gathering all necessary documentation, such as income statements and credit reports, to determine eligibility for various loan programs. They also analyze and compare loan options, negotiate terms with lenders, and ensure compliance with lending regulations. Additionally, loan originators must maintain relationships with clients and provide ongoing support throughout the loan process.
Skills: Loan originator, Financial professional, Loan application process, Credit analysis, Loan options, Lending regulations.
Job industry: Finance
Job industry: Finance
How much does Loan Originator make?
Salary details
How much does Loan Originator make?Estimated Yearly Salary: 176,808,103 ECS
Estimated Monthly Salary: 14,734,009 ECS
Estimated Weekly Salary: 3,400,156 ECS per week
Estimated Hourly Salary: 85,004 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 171,124,363 ECSEstimated Monthly Salary: 14,260,364 ECS
Estimated Weekly Salary: 3,290,853 ECS per week
Estimated Hourly Salary: 82,271 ECS per hour
Last revision of data: 2024-01-09Loan Originator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,289 USD
Estimated Monthly Salary: 524 USD
Estimated Weekly Salary: 121 USD per week
Estimated Hourly Salary: 3 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
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 Loan Originator job salary compared to average salary in Ecuador.
Comparison shows that a person working as Loan Originator in Ecuador earns on average:
1.08 times the average salary (or 108% 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 Loan Originator job salary compared to average salary in Ecuador.
Comparison shows that a person working as Loan Originator in Ecuador earns on average:
1.08 times the average salary (or 108% of average salary).
Is Loan Originator a well paid job?
Yes, our data show that Loan 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 Loan Originator?
High salary for Loan Originator would be somewhere between 194,488,913 ECS and 256,371,749 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Originator 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: 176,808,103 ECS
Estimated Monthly Salary: 14,734,009 ECS
Estimated Weekly Salary: 3,400,156 ECS per week
Estimated Hourly Salary: 85,004 ECS per hour
By working as Loan Originator a person can save up to 272 USD per month or 3,260 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 Loan Originator
Colombia is 6,466 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.)
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4. Neurosurgeon
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(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
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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:
Assistant athletic director (147,296,223 ECS per year, pre-tax.)
Vice president (vp), public relations (pr), corporate communications (538,510,607 ECS per year, pre-tax.)
Senior accounting manager (309,324,662 ECS per year, pre-tax.)
Lotus notes developer (341,363,907 ECS per year, pre-tax.)
Underwriter personal lines (185,148,101 ECS per year, pre-tax.)
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