Home > Salary > Iraq > Mortgage Loan Funder
A mortgage loan funder is responsible for the final stage of the mortgage loan process. Their main role is to review and verify all loan documents, ensuring accuracy and compliance with regulations and policies. They work closely with loan processors, underwriters, and closers to coordinate the funding of loans in a timely manner. Mortgage loan funders are responsible for disbursing funds to the appropriate parties, such as the borrower, seller, and third-party vendors. They must also ensure that all necessary documentation is properly executed and recorded. Attention to detail, strong organizational skills, and knowledge of mortgage lending guidelines and procedures are essential in this role.
Estimated Yearly Salary: 8,035,050 IQD
Estimated Monthly Salary: 669,588 IQD
Estimated Weekly Salary: 154,520 IQD per week
Estimated Hourly Salary: 3,863 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 646,152 IQD
Estimated Weekly Salary: 149,112 IQD per week
Estimated Hourly Salary: 3,728 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 5,424 USD
Estimated Monthly Salary: 452 USD
Estimated Weekly Salary: 104 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: 8,035,050 IQD
Estimated Monthly Salary: 669,588 IQD
Estimated Weekly Salary: 154,520 IQD per week
Estimated Hourly Salary: 3,863 IQD per hour
By working as Mortgage Loan Funder a person can save up to 212 USD per month or 2,544 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 Mortgage Loan Funder
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Funder salary in Iraq
Average Yearly Salary of Mortgage Loan Funder in Iraq is approximately 8,035,050 IQD (5,424 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 Funder do?
A mortgage loan funder is responsible for the final stage of the mortgage loan process. Their main role is to review and verify all loan documents, ensuring accuracy and compliance with regulations and policies. They work closely with loan processors, underwriters, and closers to coordinate the funding of loans in a timely manner. Mortgage loan funders are responsible for disbursing funds to the appropriate parties, such as the borrower, seller, and third-party vendors. They must also ensure that all necessary documentation is properly executed and recorded. Attention to detail, strong organizational skills, and knowledge of mortgage lending guidelines and procedures are essential in this role.
Skills: mortgage loan funder, loan processing, loan funding, mortgage lending, compliance, documentation
Job industry: Banking
Job industry: Banking
How much does Mortgage Loan Funder make?
Salary details
How much does Mortgage Loan Funder make?Estimated Yearly Salary: 8,035,050 IQD
Estimated Monthly Salary: 669,588 IQD
Estimated Weekly Salary: 154,520 IQD per week
Estimated Hourly Salary: 3,863 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,753,824 IQDEstimated Monthly Salary: 646,152 IQD
Estimated Weekly Salary: 149,112 IQD per week
Estimated Hourly Salary: 3,728 IQD per hour
Last revision of data: 2024-01-02Mortgage Loan Funder estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,424 USD
Estimated Monthly Salary: 452 USD
Estimated Weekly Salary: 104 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 Mortgage Loan Funder job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Loan Funder in Iraq earns on average:
0.98 times the average salary (or 98% 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 Mortgage Loan Funder job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Loan Funder in Iraq earns on average:
0.98 times the average salary (or 98% of average salary).
Is Mortgage Loan Funder a well paid job?
Yes, our data show that Mortgage Loan Funder 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 Loan Funder?
High salary for Mortgage Loan Funder would be somewhere between 8,838,555 IQD and 11,650,823 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Funder 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: 8,035,050 IQD
Estimated Monthly Salary: 669,588 IQD
Estimated Weekly Salary: 154,520 IQD per week
Estimated Hourly Salary: 3,863 IQD per hour
By working as Mortgage Loan Funder a person can save up to 212 USD per month or 2,544 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 Loan Funder
Iran is 7,106 USD
Jordan is 8,599 USD
Kuwait is 12,072 USD
Saudi Arabia is 24,921 USD
Syria is 3,321 USD
Turkey is 9,528 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:
Music critic (9,515,362 IQD per year, pre-tax.)
Nuclear pharmacy technician (5,385,600 IQD per year, pre-tax.)
Education coordinator (8,760,963 IQD per year, pre-tax.)
Internal medicine advanced registered nurse practitioner (arnp) (13,464,000 IQD per year, pre-tax.)
Early head start home visitor (5,130,591 IQD per year, pre-tax.)
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This website aggregates salary data for reference use only. While we endeavor to deliver correct estimates, we cannot ensure their full precision. Users are highly encouraged to check with other databases before finalizing financial decisions. Salary figures fluctuate based on multiple factors, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the correctness of the listed information. Your use of this site acknowledges acceptance of this notice.