Home > Salary > Iraq > Mortgage Loan Processing Manager
A mortgage loan processing manager is responsible for overseeing and managing the mortgage loan processing department within a financial institution. They ensure that all loan applications are processed accurately and efficiently, adhering to company policies and regulatory requirements. This involves reviewing and verifying loan documentation, coordinating with loan officers and underwriters, and resolving any issues or discrepancies that may arise during the loan application process. The mortgage loan processing manager also plays a crucial role in training and supervising loan processors, ensuring they have the necessary knowledge and skills to perform their duties effectively. Additionally, they may be involved in developing and implementing process improvements to enhance efficiency and customer satisfaction.
Estimated Yearly Salary: 13,657,655 IQD
Estimated Monthly Salary: 1,138,138 IQD
Estimated Weekly Salary: 262,647 IQD per week
Estimated Hourly Salary: 6,566 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,098,409 IQD
Estimated Weekly Salary: 253,479 IQD per week
Estimated Hourly Salary: 6,337 IQD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 9,187 USD
Estimated Monthly Salary: 766 USD
Estimated Weekly Salary: 177 USD per week
Estimated Hourly Salary: 4 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: 13,657,655 IQD
Estimated Monthly Salary: 1,138,138 IQD
Estimated Weekly Salary: 262,647 IQD per week
Estimated Hourly Salary: 6,566 IQD per hour
By working as Mortgage Loan Processing Manager a person can save up to 526 USD per month or 6,307 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 Processing Manager
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Processing Manager salary in Iraq
Average Yearly Salary of Mortgage Loan Processing Manager in Iraq is approximately 13,657,655 IQD (9,187 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 Processing Manager do?
A mortgage loan processing manager is responsible for overseeing and managing the mortgage loan processing department within a financial institution. They ensure that all loan applications are processed accurately and efficiently, adhering to company policies and regulatory requirements. This involves reviewing and verifying loan documentation, coordinating with loan officers and underwriters, and resolving any issues or discrepancies that may arise during the loan application process. The mortgage loan processing manager also plays a crucial role in training and supervising loan processors, ensuring they have the necessary knowledge and skills to perform their duties effectively. Additionally, they may be involved in developing and implementing process improvements to enhance efficiency and customer satisfaction.
Skills: mortgage loan processing, loan application, financial institution, regulatory compliance, loan documentation, team management
Job industry: Finance
Job industry: Finance
How much does Mortgage Loan Processing Manager make?
Salary details
How much does Mortgage Loan Processing Manager make?Estimated Yearly Salary: 13,657,655 IQD
Estimated Monthly Salary: 1,138,138 IQD
Estimated Weekly Salary: 262,647 IQD per week
Estimated Hourly Salary: 6,566 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,180,908 IQDEstimated Monthly Salary: 1,098,409 IQD
Estimated Weekly Salary: 253,479 IQD per week
Estimated Hourly Salary: 6,337 IQD per hour
Last revision of data: 2024-01-07Mortgage Loan Processing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,187 USD
Estimated Monthly Salary: 766 USD
Estimated Weekly Salary: 177 USD per week
Estimated Hourly Salary: 4 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 Processing Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Loan Processing Manager in Iraq earns on average:
1.67 times the average salary (or 167% 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 Processing Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Loan Processing Manager in Iraq earns on average:
1.67 times the average salary (or 167% of average salary).
Is Mortgage Loan Processing Manager a well paid job?
Yes, our data shows that Mortgage Loan Processing Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mortgage Loan Processing Manager?
High salary for Mortgage Loan Processing Manager would be somewhere between 15,023,421 IQD and 19,803,600 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Processing Manager 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: 13,657,655 IQD
Estimated Monthly Salary: 1,138,138 IQD
Estimated Weekly Salary: 262,647 IQD per week
Estimated Hourly Salary: 6,566 IQD per hour
By working as Mortgage Loan Processing Manager a person can save up to 526 USD per month or 6,307 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 Processing Manager
Iran is 12,153 USD
Jordan is 14,624 USD
Kuwait is 20,509 USD
Saudi Arabia is 42,435 USD
Syria is 5,613 USD
Turkey is 16,311 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:
Planning manager (finance), long range (17,590,047 IQD per year, pre-tax.)
Certified ophthalmic assistant (coa) (6,622,582 IQD per year, pre-tax.)
Bakery specialist (9,013,524 IQD per year, pre-tax.)
Real estate professional (15,119,364 IQD per year, pre-tax.)
Project control manager (21,064,534 IQD per year, pre-tax.)
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