Home > Salary > Israel > Loan Processing Manager
A loan processing manager is responsible for overseeing the loan application and approval process within a financial institution. They manage a team of loan processors, ensuring that all loan applications are reviewed, verified, and processed efficiently and accurately. The loan processing manager works closely with loan officers, underwriters, and other departments to gather necessary documentation, assess applicant eligibility, and ensure compliance with lending regulations. They also monitor loan pipeline, track loan progress, and resolve any issues or discrepancies that may arise during the loan processing cycle. Additionally, they may be involved in training and mentoring loan processors, implementing process improvements, and analyzing loan data to identify trends and areas for improvement.
Estimated Yearly Salary: 263,026 ILS
Estimated Monthly Salary: 21,919 ILS
Estimated Weekly Salary: 5,058 ILS per week
Estimated Hourly Salary: 126 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,246 ILS
Estimated Weekly Salary: 4,903 ILS per week
Estimated Hourly Salary: 123 ILS per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 66,071 USD
Estimated Monthly Salary: 5,506 USD
Estimated Weekly Salary: 1,271 USD per week
Estimated Hourly Salary: 32 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: 263,026 ILS
Estimated Monthly Salary: 21,919 ILS
Estimated Weekly Salary: 5,058 ILS per week
Estimated Hourly Salary: 126 ILS per hour
By working as Loan Processing Manager a person can save up to 3,320 USD per month or 39,839 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 Loan Processing Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Immigration paralegal (158,642 ILS per year, pre-tax.)
Java developer (341,986 ILS per year, pre-tax.)
Boiler operator helper (133,207 ILS per year, pre-tax.)
Economics lecturer (151,819 ILS per year, pre-tax.)
Admissions representative (98,939 ILS per year, pre-tax.)
Loan Processing Manager salary in Israel
Average Yearly Salary of Loan Processing Manager in Israel is approximately 263,026 ILS (66,071 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 Loan Processing Manager do?
A loan processing manager is responsible for overseeing the loan application and approval process within a financial institution. They manage a team of loan processors, ensuring that all loan applications are reviewed, verified, and processed efficiently and accurately. The loan processing manager works closely with loan officers, underwriters, and other departments to gather necessary documentation, assess applicant eligibility, and ensure compliance with lending regulations. They also monitor loan pipeline, track loan progress, and resolve any issues or discrepancies that may arise during the loan processing cycle. Additionally, they may be involved in training and mentoring loan processors, implementing process improvements, and analyzing loan data to identify trends and areas for improvement.
Skills: Loan processing manager, Loan application, Loan approval, Financial institution, Compliance, Team management.
Job industry: Finance
Job industry: Finance
How much does Loan Processing Manager make?
Salary details
How much does Loan Processing Manager make?Estimated Yearly Salary: 263,026 ILS
Estimated Monthly Salary: 21,919 ILS
Estimated Weekly Salary: 5,058 ILS per week
Estimated Hourly Salary: 126 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 254,952 ILSEstimated Monthly Salary: 21,246 ILS
Estimated Weekly Salary: 4,903 ILS per week
Estimated Hourly Salary: 123 ILS per hour
Last revision of data: 2024-01-05Loan Processing Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 66,071 USD
Estimated Monthly Salary: 5,506 USD
Estimated Weekly Salary: 1,271 USD per week
Estimated Hourly Salary: 32 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
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 Loan Processing Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Loan Processing Manager in Israel earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processing Manager job salary compared to average salary in Israel.
Comparison shows that a person working as Loan Processing Manager in Israel earns on average:
1.36 times the average salary (or 136% of average salary).
Is Loan Processing Manager a well paid job?
Yes, our data shows that 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 Loan Processing Manager?
High salary for Loan Processing Manager would be somewhere between 289,329 ILS and 381,388 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processing Manager 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: 263,026 ILS
Estimated Monthly Salary: 21,919 ILS
Estimated Weekly Salary: 5,058 ILS per week
Estimated Hourly Salary: 126 ILS per hour
By working as Loan Processing Manager a person can save up to 3,320 USD per month or 39,839 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 Loan Processing Manager
Lebanon is 9,987 USD
Syria is 4,423 USD
Jordan is 11,473 USD
Egypt is 4,930 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.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Immigration paralegal (158,642 ILS per year, pre-tax.)
Java developer (341,986 ILS per year, pre-tax.)
Boiler operator helper (133,207 ILS per year, pre-tax.)
Economics lecturer (151,819 ILS per year, pre-tax.)
Admissions representative (98,939 ILS per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=israel&job=loan-processing-manager'><img src='https://optisalary.com/wp-content/graphs/salary/loan-processing-manager-salary-in-israel-2025.jpg' alt='loan processing manager salary in israel 2025' title='loan processing manager salary in israel 2025' /></a>
Please note:This website offers salary estimates for informational purposes exclusively.
optisalary.com presents salary data for reference use only. We attempt to provide accurate figures, but cannot assure their validity. Users are urged to consult alternative sources before making financial choices. Salary ranges can fluctuate due to geographic location, experience, and industry trends. We accept no responsibility for inconsistencies in the salary information provided. Your continued use with this site indicates agreement of this policy.
This website presents salary insights for educational purposes only. While we gather data from various providers, we do not ensure absolute reliability. Users are advised to consult trusted organizations before making major financial decisions. Salaries shift due to numerous factors, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the correctness of the displayed salary data. Your continued access of this site indicates your understanding of these terms.