Home > Salary > Estonia > Loan Processor
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Estimated Yearly Salary: 19,328 EUR
Estimated Monthly Salary: 1,611 EUR
Estimated Weekly Salary: 372 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,557 EUR
Estimated Weekly Salary: 359 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 19,274 USD
Estimated Monthly Salary: 1,606 USD
Estimated Weekly Salary: 371 USD per week
Estimated Hourly Salary: 9 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: 19,328 EUR
Estimated Monthly Salary: 1,611 EUR
Estimated Weekly Salary: 372 EUR per week
Estimated Hourly Salary: 9 EUR per hour
By working as Loan Processor a person can save up to 501 USD per month or 6,007 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 Estonia, see costs of living in Estonia.
Estimated Yearly Salary for Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Loan Processor salary in Estonia
Average Yearly Salary of Loan Processor in Estonia is approximately 19,328 EUR (19,274 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 Processor do?
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Skills: loan processing, financial services, mortgage industry, loan documentation, credit analysis, customer service
Job industry: Finance
Job industry: Finance
How much does Loan Processor make?
Salary details
How much does Loan Processor make?Estimated Yearly Salary: 19,328 EUR
Estimated Monthly Salary: 1,611 EUR
Estimated Weekly Salary: 372 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 18,679 EUREstimated Monthly Salary: 1,557 EUR
Estimated Weekly Salary: 359 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Last revision of data: 2024-01-02Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,274 USD
Estimated Monthly Salary: 1,606 USD
Estimated Weekly Salary: 371 USD per week
Estimated Hourly Salary: 9 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
Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Estonia.
Comparison shows that a person working as Loan Processor in Estonia earns on average:
0.77 times the average salary (or 77% of average salary).
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Estonia.
Comparison shows that a person working as Loan Processor in Estonia earns on average:
0.77 times the average salary (or 77% of average salary).
Is Loan Processor a well paid job?
No, our data shows that Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Processor?
High salary for Loan Processor would be somewhere between 21,261 EUR and 28,026 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor in Estonia?
Living in Estonia the approximate monthly expenses are: 1,106 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: 19,328 EUR
Estimated Monthly Salary: 1,611 EUR
Estimated Weekly Salary: 372 EUR per week
Estimated Hourly Salary: 9 EUR per hour
By working as Loan Processor a person can save up to 501 USD per month or 6,007 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 Estonia, see costs of living in Estonia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Latvia, Finland.. 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 Processor
Russia is 8,998 USD
Latvia is 15,005 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 Estonia
(288,066 EUR per year, pre-tax.)
2. Cardiologist
(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
4. Neurosurgeon
(224,746 EUR per year, pre-tax.)
(224,064 EUR per year, pre-tax.)
(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
8. Urologist
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
10. Dermatologist
(218,557 EUR per year, pre-tax.)
Data as of 2025Random salary:
Loan processor (13,779 EUR per year, pre-tax.)
Cage manager (33,442 EUR per year, pre-tax.)
Major fundraising officer (25,656 EUR per year, pre-tax.)
Central supply worker (17,131 EUR per year, pre-tax.)
Cannery worker (13,693 EUR per year, pre-tax.)
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