Home > Salary > Iraq > Mortgage Processing Manager
A mortgage processing manager is responsible for overseeing the entire mortgage application process from start to finish. They ensure that all required documents are collected, reviewed, and processed accurately and efficiently. This includes verifying borrower information, conducting credit checks, ordering property appraisals, and coordinating with various parties such as loan officers, underwriters, and title companies. The mortgage processing manager also ensures compliance with all relevant laws and regulations, manages a team of mortgage processors, and provides training and guidance when needed. They play a crucial role in maintaining high customer satisfaction by ensuring timely and smooth mortgage approvals.
Estimated Yearly Salary: 12,485,203 IQD
Estimated Monthly Salary: 1,040,434 IQD
Estimated Weekly Salary: 240,100 IQD per week
Estimated Hourly Salary: 6,003 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,001,585 IQD
Estimated Weekly Salary: 231,135 IQD per week
Estimated Hourly Salary: 5,778 IQD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 8,422 USD
Estimated Monthly Salary: 702 USD
Estimated Weekly Salary: 162 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: 12,485,203 IQD
Estimated Monthly Salary: 1,040,434 IQD
Estimated Weekly Salary: 240,100 IQD per week
Estimated Hourly Salary: 6,003 IQD per hour
By working as Mortgage Processing Manager a person can save up to 462 USD per month or 5,542 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 Processing Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Media coordinator (6,978,738 IQD per year, pre-tax.)
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Mortgage Processing Manager salary in Iraq
Average Yearly Salary of Mortgage Processing Manager in Iraq is approximately 12,485,203 IQD (8,422 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 Processing Manager do?
A mortgage processing manager is responsible for overseeing the entire mortgage application process from start to finish. They ensure that all required documents are collected, reviewed, and processed accurately and efficiently. This includes verifying borrower information, conducting credit checks, ordering property appraisals, and coordinating with various parties such as loan officers, underwriters, and title companies. The mortgage processing manager also ensures compliance with all relevant laws and regulations, manages a team of mortgage processors, and provides training and guidance when needed. They play a crucial role in maintaining high customer satisfaction by ensuring timely and smooth mortgage approvals.
Skills: Mortgage processing, Manager, Loan processing, Mortgage industry, Compliance, Customer satisfaction
Job industry: Finance
Job industry: Finance
How much does Mortgage Processing Manager make?
Salary details
How much does Mortgage Processing Manager make?Estimated Yearly Salary: 12,485,203 IQD
Estimated Monthly Salary: 1,040,434 IQD
Estimated Weekly Salary: 240,100 IQD per week
Estimated Hourly Salary: 6,003 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,019,020 IQDEstimated Monthly Salary: 1,001,585 IQD
Estimated Weekly Salary: 231,135 IQD per week
Estimated Hourly Salary: 5,778 IQD per hour
Last revision of data: 2024-01-08Mortgage Processing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,422 USD
Estimated Monthly Salary: 702 USD
Estimated Weekly Salary: 162 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 Processing Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Processing Manager in Iraq earns on average:
1.53 times the average salary (or 153% 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 Processing Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Mortgage Processing Manager in Iraq earns on average:
1.53 times the average salary (or 153% of average salary).
Is Mortgage Processing Manager a well paid job?
Yes, our data shows that Mortgage 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 Processing Manager?
High salary for Mortgage Processing Manager would be somewhere between 13,733,723 IQD and 18,103,544 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage 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: 12,485,203 IQD
Estimated Monthly Salary: 1,040,434 IQD
Estimated Weekly Salary: 240,100 IQD per week
Estimated Hourly Salary: 6,003 IQD per hour
By working as Mortgage Processing Manager a person can save up to 462 USD per month or 5,542 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 Processing Manager
Iran is 11,063 USD
Jordan is 13,290 USD
Kuwait is 18,731 USD
Saudi Arabia is 38,641 USD
Syria is 5,116 USD
Turkey is 14,802 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:
Coatings inspector (9,498,138 IQD per year, pre-tax.)
Measurement manager (16,380,546 IQD per year, pre-tax.)
Product line manager (15,701,790 IQD per year, pre-tax.)
Media coordinator (6,978,738 IQD per year, pre-tax.)
Judge trial court (19,910,400 IQD per year, pre-tax.)
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