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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?

occupation personasA 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


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: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 171,124,363 ECS
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



Loan 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 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

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).

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 USDup arrow 3%
Details on Loan Originator salary in Colombia
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 Ecuador

(1,855,980,438 ECS per year, pre-tax.)
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
(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.)
(1,414,323,101 ECS per year, pre-tax.)
(1,413,729,680 ECS per year, pre-tax.)

Data as of 2025

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Please note:
The salary estimates on optisalary.com are meant for reference use only.
optisalary.com displays salary data solely for informational purposes. While we endeavor for accuracy, we cannot guarantee the precision of all figures. Users must verify salary details with official organizations before making career-related plans. Salary estimates can fluctuate based on multiple elements, such as geographic location, experience, and job role. We accept no liability for errors in the pay estimates provided. By accessing this website, you acknowledge that salary data is subject to change.
The salary figures presented here are meant for reference purposes only. While we attempt to ensure accuracy, we cannot guarantee all figures is precise. Users are advised to confirm salary details with official authorities before making important financial decisions. Salary amounts may change due to negotiation, industry trends, and location. We disclaim responsibility for inaccuracies in the compensation data displayed.