Home > Salary > Egypt > Underwriter Commercial Real Estate
An underwriter in commercial real estate is responsible for assessing the risk and financial viability of loan applications for commercial property purchases or refinancing. They evaluate the borrower's financial statements, credit history, property appraisal, and market conditions to determine the loan amount, interest rate, and terms. Underwriters analyze the potential risks associated with the investment, such as market volatility, property value fluctuations, and borrower's ability to repay the loan. They ensure compliance with lending guidelines, regulations, and internal policies. Additionally, underwriters collaborate with loan officers, appraisers, and legal teams to gather necessary information and make informed decisions. Strong analytical skills, attention to detail, and knowledge of real estate markets are crucial for success in this role.
Estimated Yearly Salary: 197,052 EGP
Estimated Monthly Salary: 16,421 EGP
Estimated Weekly Salary: 3,789 EGP per week
Estimated Hourly Salary: 95 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,854 EGP
Estimated Weekly Salary: 3,659 EGP per week
Estimated Hourly Salary: 91 EGP per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 5,981 USD
Estimated Monthly Salary: 498 USD
Estimated Weekly Salary: 115 USD per week
Estimated Hourly Salary: 3 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: 197,052 EGP
Estimated Monthly Salary: 16,421 EGP
Estimated Weekly Salary: 3,789 EGP per week
Estimated Hourly Salary: 95 EGP per hour
By working as Underwriter Commercial Real Estate a person can save up to 334 USD per month or 4,013 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 Underwriter Commercial Real Estate
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Commercial Real Estate salary in Egypt
Average Yearly Salary of Underwriter Commercial Real Estate in Egypt is approximately 197,052 EGP (5,981 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 Underwriter Commercial Real Estate do?
An underwriter in commercial real estate is responsible for assessing the risk and financial viability of loan applications for commercial property purchases or refinancing. They evaluate the borrower's financial statements, credit history, property appraisal, and market conditions to determine the loan amount, interest rate, and terms. Underwriters analyze the potential risks associated with the investment, such as market volatility, property value fluctuations, and borrower's ability to repay the loan. They ensure compliance with lending guidelines, regulations, and internal policies. Additionally, underwriters collaborate with loan officers, appraisers, and legal teams to gather necessary information and make informed decisions. Strong analytical skills, attention to detail, and knowledge of real estate markets are crucial for success in this role.
Skills: underwriter, commercial real estate, risk assessment, loan analysis, financial viability, compliance.
Job industry: Banking
Job industry: Banking
How much does Underwriter Commercial Real Estate make?
Salary details
How much does Underwriter Commercial Real Estate make?Estimated Yearly Salary: 197,052 EGP
Estimated Monthly Salary: 16,421 EGP
Estimated Weekly Salary: 3,789 EGP per week
Estimated Hourly Salary: 95 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 190,245 EGPEstimated Monthly Salary: 15,854 EGP
Estimated Weekly Salary: 3,659 EGP per week
Estimated Hourly Salary: 91 EGP per hour
Last revision of data: 2024-01-05Underwriter Commercial Real Estate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,981 USD
Estimated Monthly Salary: 498 USD
Estimated Weekly Salary: 115 USD per week
Estimated Hourly Salary: 3 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
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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 Underwriter Commercial Real Estate job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Commercial Real Estate in Egypt earns on average:
1.57 times the average salary (or 157% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Commercial Real Estate in Egypt earns on average:
1.57 times the average salary (or 157% of average salary).
Is Underwriter Commercial Real Estate a well paid job?
Yes, our data shows that Underwriter Commercial Real Estate is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Commercial Real Estate?
High salary for Underwriter Commercial Real Estate would be somewhere between 216,757 EGP and 285,725 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Commercial Real Estate 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: 197,052 EGP
Estimated Monthly Salary: 16,421 EGP
Estimated Weekly Salary: 3,789 EGP per week
Estimated Hourly Salary: 95 EGP per hour
By working as Underwriter Commercial Real Estate a person can save up to 334 USD per month or 4,013 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 Underwriter Commercial Real Estate
Sudan is 1,103 USD
Israel is 79,532 USD
Jordan is 13,819 USD
Saudi Arabia is 40,075 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:
Retail sales associate (50,348 EGP per year, pre-tax.)
Alteration specialist (75,207 EGP per year, pre-tax.)
Surveying or mapping technician (107,646 EGP per year, pre-tax.)
Technical product manager (311,190 EGP per year, pre-tax.)
Dba team lead (155,706 EGP per year, pre-tax.)
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