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Mortgage Clerk salary in Iraq

Average Yearly Salary of Mortgage Clerk in Iraq is approximately 6,634,721 IQD (4,451 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 Clerk do?

occupation personasA mortgage clerk is responsible for assisting in the processing and documentation of mortgage loans. Their primary role involves gathering and verifying financial information, such as income, credit history, and employment details, from loan applicants. They also review loan applications for completeness and accuracy, ensuring all necessary documents are included. Mortgage clerks work closely with loan officers and underwriters to ensure a smooth loan approval process. They may communicate with borrowers, lenders, and other parties involved in the mortgage transaction to request additional information or clarify details. Additionally, they maintain accurate records of loan applications and update loan files as needed. Attention to detail, strong organizational skills, and knowledge of mortgage regulations and procedures are essential for success in this occupation.

Skills: Mortgage clerk, Loan processing, Documentation, Financial verification, Loan application, Mortgage regulations
Job industry: Finance


How much does Mortgage Clerk make?

Salary details
How much does Mortgage Clerk make?
Estimated Yearly Salary: 6,634,721 IQD
Estimated Monthly Salary: 552,893 IQD
Estimated Weekly Salary: 127,591 IQD per week
Estimated Hourly Salary: 3,190 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,396,312 IQD
Estimated Monthly Salary: 533,026 IQD
Estimated Weekly Salary: 123,006 IQD per week
Estimated Hourly Salary: 3,075 IQD per hour
Last revision of data: 2024-01-08



Mortgage Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,451 USD
Estimated Monthly Salary: 371 USD
Estimated Weekly Salary: 86 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Mortgage Clerk job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Clerk in Iraq earns on average:
0.81 times the average salary (or 81% of average salary).

Is Mortgage Clerk a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Mortgage Clerk?

High salary for Mortgage Clerk would be somewhere between 7,298,193 IQD and 9,620,345 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Mortgage Clerk 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: 6,634,721 IQD
Estimated Monthly Salary: 552,893 IQD
Estimated Weekly Salary: 127,591 IQD per week
Estimated Hourly Salary: 3,190 IQD per hour
By working as Mortgage Clerk a person can save up to 131 USD per month or 1,571 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 Mortgage Clerk

Iran is 5,897 USDup arrow 32%
Details on Mortgage Clerk salary in Iran
Jordan is 7,077 USDup arrow 59%
Details on Mortgage Clerk salary in Jordan
Kuwait is 9,960 USDup arrow 124%
Details on Mortgage Clerk salary in Kuwait
Saudi Arabia is 20,604 USDup arrow 363%
Details on Mortgage Clerk salary in Saudi Arabia
Syria is 2,731 USDdown arrow 39%
Details on Mortgage Clerk salary in Syria
Turkey is 7,862 USDup arrow 77%
Details on Mortgage Clerk salary in Turkey
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iraq

(93,035,848 IQD per year, pre-tax.)
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
(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.)
(70,443,660 IQD per year, pre-tax.)
(70,429,777 IQD per year, pre-tax.)

Data as of 2025

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This website offers salary estimates for informational purposes exclusively.
optisalary.com presents salary estimates for educational purposes exclusively. While we gather data from various providers, we do not ensure absolute accuracy. Users are advised to review external organizations before making major financial decisions. Salaries fluctuate due to numerous elements, such as market demand, employer policies, and geographic location. We make no warranty regarding the validity of the displayed salary data. Your continued access of this site confirms your acceptance of these terms.
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