Home > Salary > Israel > Bilingual Loan Processor
A bilingual loan processor is responsible for facilitating the loan application process for clients who speak multiple languages. They play a crucial role in assisting borrowers with completing loan applications, gathering necessary documentation, and ensuring all information is accurate and complete. Additionally, they may communicate with lenders, underwriters, and clients to address any questions or concerns that may arise during the loan approval process.
This occupation requires strong communication skills in both languages, as well as excellent attention to detail and organizational abilities. Bilingual loan processors must be knowledgeable about loan products and regulations, and they should have the ability to explain complex financial concepts to clients in a clear and understandable manner. They must also be proficient in using loan processing software and other relevant tools.
Estimated Yearly Salary: 108,216 ILS
Estimated Monthly Salary: 9,018 ILS
Estimated Weekly Salary: 2,081 ILS per week
Estimated Hourly Salary: 52 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,737 ILS
Estimated Weekly Salary: 2,016 ILS per week
Estimated Hourly Salary: 50 ILS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 27,140 USD
Estimated Monthly Salary: 2,262 USD
Estimated Weekly Salary: 522 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 108,216 ILS
Estimated Monthly Salary: 9,018 ILS
Estimated Weekly Salary: 2,081 ILS per week
Estimated Hourly Salary: 52 ILS per hour
By working as Bilingual Loan Processor a person can save up to 76 USD per month or 908 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Bilingual Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Bilingual Loan Processor salary in Israel
Average Yearly Salary of Bilingual Loan Processor in Israel is approximately 108,216 ILS (27,140 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 Bilingual Loan Processor do?
A bilingual loan processor is responsible for facilitating the loan application process for clients who speak multiple languages. They play a crucial role in assisting borrowers with completing loan applications, gathering necessary documentation, and ensuring all information is accurate and complete. Additionally, they may communicate with lenders, underwriters, and clients to address any questions or concerns that may arise during the loan approval process.
This occupation requires strong communication skills in both languages, as well as excellent attention to detail and organizational abilities. Bilingual loan processors must be knowledgeable about loan products and regulations, and they should have the ability to explain complex financial concepts to clients in a clear and understandable manner. They must also be proficient in using loan processing software and other relevant tools.
Skills: bilingual loan processor, loan processing, loan application, client services, multilingual communication, financial services
Job industry: Finance
Job industry: Finance
How much does Bilingual Loan Processor make?
Salary details
How much does Bilingual Loan Processor make?Estimated Yearly Salary: 108,216 ILS
Estimated Monthly Salary: 9,018 ILS
Estimated Weekly Salary: 2,081 ILS per week
Estimated Hourly Salary: 52 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 104,840 ILSEstimated Monthly Salary: 8,737 ILS
Estimated Weekly Salary: 2,016 ILS per week
Estimated Hourly Salary: 50 ILS per hour
Last revision of data: 2024-01-03Bilingual Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 27,140 USD
Estimated Monthly Salary: 2,262 USD
Estimated Weekly Salary: 522 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
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Country:
Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Bilingual Loan Processor job salary compared to average salary in Israel.
Comparison shows that a person working as Bilingual Loan Processor in Israel earns on average:
0.56 times the average salary (or 56% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Bilingual Loan Processor job salary compared to average salary in Israel.
Comparison shows that a person working as Bilingual Loan Processor in Israel earns on average:
0.56 times the average salary (or 56% of average salary).
Is Bilingual Loan Processor a well paid job?
No, our data shows that Bilingual Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bilingual Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Bilingual Loan Processor?
High salary for Bilingual Loan Processor would be somewhere between 119,038 ILS and 156,913 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Bilingual Loan Processor in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 108,216 ILS
Estimated Monthly Salary: 9,018 ILS
Estimated Weekly Salary: 2,081 ILS per week
Estimated Hourly Salary: 52 ILS per hour
By working as Bilingual Loan Processor a person can save up to 76 USD per month or 908 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bilingual Loan Processor
Lebanon is 4,113 USD
Syria is 1,818 USD
Jordan is 4,709 USD
Egypt is 2,039 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 Israel
(2,288,508 ILS per year, pre-tax.)
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(1,903,781 ILS per year, pre-tax.)
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4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
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7. Urologist
(1,734,638 ILS per year, pre-tax.)
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9. Oncologist
(1,729,727 ILS per year, pre-tax.)
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Data as of 2025Random salary:
Account manager printing solutions (124,525 ILS per year, pre-tax.)
Saddle stitch operator (147,728 ILS per year, pre-tax.)
Education paraprofessional (111,988 ILS per year, pre-tax.)
Pcb design engineer (335,968 ILS per year, pre-tax.)
Manager sales incentive compensation (339,465 ILS per year, pre-tax.)
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