Home > Salary > Iran > Mortgage Banker
A mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.
Estimated Yearly Salary: 355,677,058 IRR
Estimated Monthly Salary: 29,639,755 IRR
Estimated Weekly Salary: 6,839,943 IRR per week
Estimated Hourly Salary: 170,999 IRR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,743,058 IRR
Estimated Weekly Salary: 6,633,013 IRR per week
Estimated Hourly Salary: 165,825 IRR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,774 USD
Estimated Monthly Salary: 648 USD
Estimated Weekly Salary: 150 USD per week
Estimated Hourly Salary: 4 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: 355,677,058 IRR
Estimated Monthly Salary: 29,639,755 IRR
Estimated Weekly Salary: 6,839,943 IRR per week
Estimated Hourly Salary: 170,999 IRR per hour
By working as Mortgage Banker a person can save up to 332 USD per month or 3,982 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 Iran, see costs of living in Iran.
Estimated Yearly Salary for Mortgage Banker
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Banker salary in Iran
Average Yearly Salary of Mortgage Banker in Iran is approximately 355,677,058 IRR (7,774 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 Banker do?
A mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.
Skills: Mortgage banker, Loan specialist, Real estate financing, Mortgage application, Financial analysis, Client relationship management
Job industry: Finance
Job industry: Finance
How much does Mortgage Banker make?
Salary details
How much does Mortgage Banker make?Estimated Yearly Salary: 355,677,058 IRR
Estimated Monthly Salary: 29,639,755 IRR
Estimated Weekly Salary: 6,839,943 IRR per week
Estimated Hourly Salary: 170,999 IRR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 344,916,696 IRREstimated Monthly Salary: 28,743,058 IRR
Estimated Weekly Salary: 6,633,013 IRR per week
Estimated Hourly Salary: 165,825 IRR per hour
Last revision of data: 2024-01-03Mortgage Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,774 USD
Estimated Monthly Salary: 648 USD
Estimated Weekly Salary: 150 USD per week
Estimated Hourly Salary: 4 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
Iran, officially known as the Islamic Republic of Iran, is a country located in Western Asia. It has a population of approximately 83 million people, making it the 18th most populous country in the world. Iran covers an area of about 1,648,195 square kilometers, which makes it the 17th largest country globally.
Estimated national average yearly salary is 333,672,300 IRR (7,900 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Banker job salary compared to average salary in Iran.
Comparison shows that a person working as Mortgage Banker in Iran earns on average:
1.07 times the average salary (or 107% of average salary).
Estimated national average yearly salary is 333,672,300 IRR (7,900 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Banker job salary compared to average salary in Iran.
Comparison shows that a person working as Mortgage Banker in Iran earns on average:
1.07 times the average salary (or 107% of average salary).
Is Mortgage Banker a well paid job?
Yes, our data show that Mortgage Banker 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 Mortgage Banker?
High salary for Mortgage Banker would be somewhere between 391,244,764 IRR and 515,731,734 IRR. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Banker in Iran?
Living in Iran the approximate monthly expenses are: 316 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: 355,677,058 IRR
Estimated Monthly Salary: 29,639,755 IRR
Estimated Weekly Salary: 6,839,943 IRR per week
Estimated Hourly Salary: 170,999 IRR per hour
By working as Mortgage Banker a person can save up to 332 USD per month or 3,982 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 Iran, see costs of living in Iran.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Turkey, Iraq, Azerbaijan, Turkmenistan, Afghanistan, Pakistan, Armenia. 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 Banker
Turkey is 10,385 USD
Iraq is 5,881 USD
Afghanistan is 5,883 USD
Pakistan is 1,545 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 Iran
(3,796,144,787 IRR per year, pre-tax.)
2. Cardiologist
(3,168,487,016 IRR per year, pre-tax.)
(3,055,578,732 IRR per year, pre-tax.)
4. Neurosurgeon
(2,951,639,598 IRR per year, pre-tax.)
(2,942,950,791 IRR per year, pre-tax.)
6. Oncologist
(2,890,934,959 IRR per year, pre-tax.)
(2,878,471,047 IRR per year, pre-tax.)
(2,875,455,391 IRR per year, pre-tax.)
9. Urologist
(2,874,763,703 IRR per year, pre-tax.)
10. Plastic surgeon
(2,874,685,890 IRR per year, pre-tax.)
Data as of 2025Random salary:
Mechanic foreman (372,394,931 IRR per year, pre-tax.)
Senior integrated circuits (ic), design engineer (674,018,046 IRR per year, pre-tax.)
Corrosion engineer (445,197,595 IRR per year, pre-tax.)
Assistant vice president (avp), commercial lending (554,761,430 IRR per year, pre-tax.)
Medical histotechnologist (418,932,403 IRR per year, pre-tax.)
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