Home > Salary > Ethiopia > Mortgage Loan Specialist
A mortgage loan specialist is a professional who assists individuals in securing mortgage loans for purchasing or refinancing properties. They work closely with clients to understand their financial goals and guide them through the loan application process. Their responsibilities include collecting and verifying financial documents, evaluating creditworthiness, analyzing loan options, and advising clients on suitable mortgage products. Mortgage loan specialists also collaborate with lenders, underwriters, and other parties to ensure smooth loan processing and timely closing. They stay updated with industry regulations and market trends to provide accurate information and advice to clients. Strong communication and interpersonal skills are essential for building relationships with clients and providing exceptional customer service. Attention to detail, analytical thinking, and problem-solving abilities are crucial for assessing loan applications and identifying potential risks. Overall, mortgage loan specialists play a vital role in helping individuals achieve their homeownership dreams.
Estimated Yearly Salary: 85,709 ETB
Estimated Monthly Salary: 7,142 ETB
Estimated Weekly Salary: 1,648 ETB per week
Estimated Hourly Salary: 41 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,905 ETB
Estimated Weekly Salary: 1,593 ETB per week
Estimated Hourly Salary: 40 ETB per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 1,425 USD
Estimated Monthly Salary: 119 USD
Estimated Weekly Salary: 27 USD per week
Estimated Hourly Salary: 1 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: 85,709 ETB
Estimated Monthly Salary: 7,142 ETB
Estimated Weekly Salary: 1,648 ETB per week
Estimated Hourly Salary: 41 ETB per hour
By working as Mortgage Loan Specialist a person can save up to 42 USD per month or 503 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Mortgage Loan Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Mortgage Loan Specialist salary in Ethiopia
Average Yearly Salary of Mortgage Loan Specialist in Ethiopia is approximately 85,709 ETB (1,425 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 Mortgage Loan Specialist do?
A mortgage loan specialist is a professional who assists individuals in securing mortgage loans for purchasing or refinancing properties. They work closely with clients to understand their financial goals and guide them through the loan application process. Their responsibilities include collecting and verifying financial documents, evaluating creditworthiness, analyzing loan options, and advising clients on suitable mortgage products. Mortgage loan specialists also collaborate with lenders, underwriters, and other parties to ensure smooth loan processing and timely closing. They stay updated with industry regulations and market trends to provide accurate information and advice to clients. Strong communication and interpersonal skills are essential for building relationships with clients and providing exceptional customer service. Attention to detail, analytical thinking, and problem-solving abilities are crucial for assessing loan applications and identifying potential risks. Overall, mortgage loan specialists play a vital role in helping individuals achieve their homeownership dreams.
Skills: Mortgage loan specialist, Home financing expert, Loan application advisor, Mortgage consultant, Real estate finance specialist, Mortgage loan processor
Job industry: Finance
Job industry: Finance
How much does Mortgage Loan Specialist make?
Salary details
How much does Mortgage Loan Specialist make?Estimated Yearly Salary: 85,709 ETB
Estimated Monthly Salary: 7,142 ETB
Estimated Weekly Salary: 1,648 ETB per week
Estimated Hourly Salary: 41 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 82,860 ETBEstimated Monthly Salary: 6,905 ETB
Estimated Weekly Salary: 1,593 ETB per week
Estimated Hourly Salary: 40 ETB per hour
Last revision of data: 2024-01-07Mortgage Loan Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,425 USD
Estimated Monthly Salary: 119 USD
Estimated Weekly Salary: 27 USD per week
Estimated Hourly Salary: 1 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
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Specialist job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Mortgage Loan Specialist in Ethiopia earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Specialist job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Mortgage Loan Specialist in Ethiopia earns on average:
0.81 times the average salary (or 81% of average salary).
Is Mortgage Loan Specialist a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Mortgage Loan Specialist?
High salary for Mortgage Loan Specialist would be somewhere between 94,280 ETB and 124,278 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Specialist in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 85,709 ETB
Estimated Monthly Salary: 7,142 ETB
Estimated Weekly Salary: 1,648 ETB per week
Estimated Hourly Salary: 41 ETB per hour
By working as Mortgage Loan Specialist a person can save up to 42 USD per month or 503 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mortgage Loan Specialist
Sudan is 565 USD
Kenya is 4,458 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Sap bw analyst (150,660 ETB per year, pre-tax.)
Learning and development specialist (117,820 ETB per year, pre-tax.)
Compensation manager (232,197 ETB per year, pre-tax.)
Production specialist (77,880 ETB per year, pre-tax.)
Network engineer ii (161,426 ETB per year, pre-tax.)
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This website compiles salary information for educational use exclusively. While we strive to present accurate estimates, we do not ensure their absolute reliability. Users are strongly encouraged to consult other sources before finalizing financial decisions. Salary amounts vary based on multiple conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the validity of the listed information. Your access of this site acknowledges acceptance of this disclaimer.
optisalary.com aggregates salary information for educational use exclusively. While we endeavor to deliver accurate figures, we cannot ensure their full precision. Users are strongly encouraged to consult other sources before making career-related plans. Salary amounts fluctuate based on multiple conditions, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the correctness of the listed data. Your use of this site acknowledges agreement of this notice.