Home > Salary > Iraq > Loan Administrator
A loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.
Estimated Yearly Salary: 9,136,381 IQD
Estimated Monthly Salary: 761,365 IQD
Estimated Weekly Salary: 175,700 IQD per week
Estimated Hourly Salary: 4,392 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 734,949 IQD
Estimated Weekly Salary: 169,604 IQD per week
Estimated Hourly Salary: 4,240 IQD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,166 USD
Estimated Monthly Salary: 514 USD
Estimated Weekly Salary: 119 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: 9,136,381 IQD
Estimated Monthly Salary: 761,365 IQD
Estimated Weekly Salary: 175,700 IQD per week
Estimated Hourly Salary: 4,392 IQD per hour
By working as Loan Administrator a person can save up to 274 USD per month or 3,286 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Loan Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Loan Administrator salary in Iraq
Average Yearly Salary of Loan Administrator in Iraq is approximately 9,136,381 IQD (6,166 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 Administrator do?
A loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.
Skills: loan administration, loan processing, credit analysis, compliance management, loan documentation, customer service
Job industry: Banking
Job industry: Banking
How much does Loan Administrator make?
Salary details
How much does Loan Administrator make?Estimated Yearly Salary: 9,136,381 IQD
Estimated Monthly Salary: 761,365 IQD
Estimated Weekly Salary: 175,700 IQD per week
Estimated Hourly Salary: 4,392 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,819,382 IQDEstimated Monthly Salary: 734,949 IQD
Estimated Weekly Salary: 169,604 IQD per week
Estimated Hourly Salary: 4,240 IQD per hour
Last revision of data: 2024-01-08Loan Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,166 USD
Estimated Monthly Salary: 514 USD
Estimated Weekly Salary: 119 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
Compare salary to other countries
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Country:
Salary comparison to National average
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Administrator job salary compared to average salary in Iraq.
Comparison shows that a person working as Loan Administrator in Iraq earns on average:
1.12 times the average salary (or 112% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Administrator job salary compared to average salary in Iraq.
Comparison shows that a person working as Loan Administrator in Iraq earns on average:
1.12 times the average salary (or 112% of average salary).
Is Loan Administrator a well paid job?
Yes, our data show that Loan Administrator 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 Loan Administrator?
High salary for Loan Administrator would be somewhere between 10,050,019 IQD and 13,247,752 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Administrator in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 9,136,381 IQD
Estimated Monthly Salary: 761,365 IQD
Estimated Weekly Salary: 175,700 IQD per week
Estimated Hourly Salary: 4,392 IQD per hour
By working as Loan Administrator a person can save up to 274 USD per month or 3,286 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. 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 Administrator
Iran is 8,132 USD
Jordan is 9,775 USD
Kuwait is 13,773 USD
Saudi Arabia is 28,282 USD
Syria is 3,767 USD
Turkey is 10,899 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
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Taxonomist controlled vocabulary (10,335,308 IQD per year, pre-tax.)
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