Home > Salary > Egypt > Commercial Loan Processor
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Estimated Yearly Salary: 105,516 EGP
Estimated Monthly Salary: 8,793 EGP
Estimated Weekly Salary: 2,029 EGP per week
Estimated Hourly Salary: 51 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,481 EGP
Estimated Weekly Salary: 1,957 EGP per week
Estimated Hourly Salary: 49 EGP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 3,190 USD
Estimated Monthly Salary: 266 USD
Estimated Weekly Salary: 61 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: 105,516 EGP
Estimated Monthly Salary: 8,793 EGP
Estimated Weekly Salary: 2,029 EGP per week
Estimated Hourly Salary: 51 EGP per hour
By working as Commercial Loan Processor a person can save up to 102 USD per month or 1,222 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 Egypt, see costs of living in Egypt.
Estimated Yearly Salary for Commercial Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Loan Processor salary in Egypt
Average Yearly Salary of Commercial Loan Processor in Egypt is approximately 105,516 EGP (3,190 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 Commercial Loan Processor do?
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Skills: commercial loan processor, loan application, financial documentation, credit analysis, loan package preparation, regulatory compliance.
Job industry: Banking
Job industry: Banking
How much does Commercial Loan Processor make?
Salary details
How much does Commercial Loan Processor make?Estimated Yearly Salary: 105,516 EGP
Estimated Monthly Salary: 8,793 EGP
Estimated Weekly Salary: 2,029 EGP per week
Estimated Hourly Salary: 51 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 101,772 EGPEstimated Monthly Salary: 8,481 EGP
Estimated Weekly Salary: 1,957 EGP per week
Estimated Hourly Salary: 49 EGP per hour
Last revision of data: 2024-01-03Commercial Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,190 USD
Estimated Monthly Salary: 266 USD
Estimated Weekly Salary: 61 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
Egypt is a country located in northeastern Africa. It is bordered by the Mediterranean Sea to the north, Sudan to the south, Libya to the west, and Israel and the Red Sea to the east. With a population of over 100 million people, Egypt is the most populous country in the Arab world and the third most populous in Africa. The country covers an area of approximately 1,001,450 square kilometers, making it the 30th largest country in the world.
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Egypt.
Comparison shows that a person working as Commercial Loan Processor in Egypt earns on average:
0.84 times the average salary (or 84% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Egypt.
Comparison shows that a person working as Commercial Loan Processor in Egypt earns on average:
0.84 times the average salary (or 84% of average salary).
Is Commercial Loan Processor a well paid job?
Yes, our data show that Commercial Loan Processor 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 Commercial Loan Processor?
High salary for Commercial Loan Processor would be somewhere between 116,068 EGP and 152,998 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Loan Processor in Egypt?
Living in Egypt the approximate monthly expenses are: 164 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: 105,516 EGP
Estimated Monthly Salary: 8,793 EGP
Estimated Weekly Salary: 2,029 EGP per week
Estimated Hourly Salary: 51 EGP per hour
By working as Commercial Loan Processor a person can save up to 102 USD per month or 1,222 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 Egypt, see costs of living in Egypt.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sudan, Libya, Israel, Palestine, Jordan, Saudi Arabia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Loan Processor
Sudan is 591 USD
Israel is 42,589 USD
Jordan is 7,386 USD
Saudi Arabia is 21,485 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 Egypt
(1,412,052 EGP per year, pre-tax.)
2. Cardiologist
(1,175,406 EGP per year, pre-tax.)
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4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
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6. Oncologist
(1,077,110 EGP per year, pre-tax.)
(1,074,437 EGP per year, pre-tax.)
(1,074,313 EGP per year, pre-tax.)
(1,072,829 EGP per year, pre-tax.)
(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Tax attorney (262,515 EGP per year, pre-tax.)
Church organist (52,040 EGP per year, pre-tax.)
Swimming coach (101,772 EGP per year, pre-tax.)
Sales intern (71,618 EGP per year, pre-tax.)
Film and video editor (160,537 EGP per year, pre-tax.)
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