Home > Salary > Egypt > Senior Mortgage Loan Processor
A senior mortgage loan processor is responsible for overseeing and managing the loan application process from start to finish. They review and verify all loan documents, ensuring accuracy and completeness. They collaborate with loan officers, underwriters, and borrowers to gather necessary information and resolve any issues that may arise during the application process. Senior mortgage loan processors also calculate debt-to-income ratios and review credit reports to determine loan eligibility. They prepare loan files for submission to underwriting and ensure compliance with all regulatory requirements. Additionally, they communicate with borrowers to provide updates on the status of their loan application and answer any questions they may have.
Estimated Yearly Salary: 146,702 EGP
Estimated Monthly Salary: 12,225 EGP
Estimated Weekly Salary: 2,821 EGP per week
Estimated Hourly Salary: 71 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,798 EGP
Estimated Weekly Salary: 2,723 EGP per week
Estimated Hourly Salary: 68 EGP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,424 USD
Estimated Monthly Salary: 369 USD
Estimated Weekly Salary: 85 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: 146,702 EGP
Estimated Monthly Salary: 12,225 EGP
Estimated Weekly Salary: 2,821 EGP per week
Estimated Hourly Salary: 71 EGP per hour
By working as Senior Mortgage Loan Processor a person can save up to 205 USD per month or 2,456 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 Senior Mortgage Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Senior Mortgage Loan Processor salary in Egypt
Average Yearly Salary of Senior Mortgage Loan Processor in Egypt is approximately 146,702 EGP (4,424 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 Senior Mortgage Loan Processor do?
A senior mortgage loan processor is responsible for overseeing and managing the loan application process from start to finish. They review and verify all loan documents, ensuring accuracy and completeness. They collaborate with loan officers, underwriters, and borrowers to gather necessary information and resolve any issues that may arise during the application process. Senior mortgage loan processors also calculate debt-to-income ratios and review credit reports to determine loan eligibility. They prepare loan files for submission to underwriting and ensure compliance with all regulatory requirements. Additionally, they communicate with borrowers to provide updates on the status of their loan application and answer any questions they may have.
Skills: Senior Mortgage Loan Processor, Loan Processing, Mortgage Industry, Loan Application, Underwriting, Regulatory Compliance
Job industry: Finance
Job industry: Finance
How much does Senior Mortgage Loan Processor make?
Salary details
How much does Senior Mortgage Loan Processor make?Estimated Yearly Salary: 146,702 EGP
Estimated Monthly Salary: 12,225 EGP
Estimated Weekly Salary: 2,821 EGP per week
Estimated Hourly Salary: 71 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 141,570 EGPEstimated Monthly Salary: 11,798 EGP
Estimated Weekly Salary: 2,723 EGP per week
Estimated Hourly Salary: 68 EGP per hour
Last revision of data: 2024-01-03Senior Mortgage Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,424 USD
Estimated Monthly Salary: 369 USD
Estimated Weekly Salary: 85 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 Senior Mortgage Loan Processor job salary compared to average salary in Egypt.
Comparison shows that a person working as Senior Mortgage Loan Processor in Egypt earns on average:
1.17 times the average salary (or 117% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Senior Mortgage Loan Processor job salary compared to average salary in Egypt.
Comparison shows that a person working as Senior Mortgage Loan Processor in Egypt earns on average:
1.17 times the average salary (or 117% of average salary).
Is Senior Mortgage Loan Processor a well paid job?
Yes, our data show that Senior Mortgage 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 Senior Mortgage Loan Processor?
High salary for Senior Mortgage Loan Processor would be somewhere between 161,372 EGP and 212,718 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Mortgage 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: 146,702 EGP
Estimated Monthly Salary: 12,225 EGP
Estimated Weekly Salary: 2,821 EGP per week
Estimated Hourly Salary: 71 EGP per hour
By working as Senior Mortgage Loan Processor a person can save up to 205 USD per month or 2,456 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 Senior Mortgage Loan Processor
Sudan is 823 USD
Israel is 59,293 USD
Jordan is 10,250 USD
Saudi Arabia is 29,828 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.)
(1,134,944 EGP per year, pre-tax.)
4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
(1,099,601 EGP per year, pre-tax.)
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:
Payroll benefits assistant (91,443 EGP per year, pre-tax.)
Veterans service officer (119,322 EGP per year, pre-tax.)
Er consultant (178,735 EGP per year, pre-tax.)
Business systems analyst (189,015 EGP per year, pre-tax.)
Emergency response coordinator (114,555 EGP per year, pre-tax.)
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