Home > Salary > Israel > Loan Processor Clerk
A loan processor clerk is responsible for supporting the loan processing team in a financial institution or mortgage company. Their main duties include reviewing loan applications, verifying applicant information, and ensuring all required documents are complete and accurate. They play a crucial role in the loan approval process by organizing and maintaining loan files, preparing loan documents, and submitting loan packages to underwriters for review. Loan processor clerks also communicate with borrowers, lenders, and other parties involved to obtain missing information or resolve any discrepancies. Attention to detail, strong organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
Estimated Yearly Salary: 142,588 ILS
Estimated Monthly Salary: 11,882 ILS
Estimated Weekly Salary: 2,742 ILS per week
Estimated Hourly Salary: 69 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,517 ILS
Estimated Weekly Salary: 2,658 ILS per week
Estimated Hourly Salary: 66 ILS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 35,884 USD
Estimated Monthly Salary: 2,990 USD
Estimated Weekly Salary: 690 USD per week
Estimated Hourly Salary: 17 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: 142,588 ILS
Estimated Monthly Salary: 11,882 ILS
Estimated Weekly Salary: 2,742 ILS per week
Estimated Hourly Salary: 69 ILS per hour
By working as Loan Processor Clerk a person can save up to 804 USD per month or 9,652 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 Processor Clerk
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Loan Processor Clerk salary in Israel
Average Yearly Salary of Loan Processor Clerk in Israel is approximately 142,588 ILS (35,884 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 Processor Clerk do?
A loan processor clerk is responsible for supporting the loan processing team in a financial institution or mortgage company. Their main duties include reviewing loan applications, verifying applicant information, and ensuring all required documents are complete and accurate. They play a crucial role in the loan approval process by organizing and maintaining loan files, preparing loan documents, and submitting loan packages to underwriters for review. Loan processor clerks also communicate with borrowers, lenders, and other parties involved to obtain missing information or resolve any discrepancies. Attention to detail, strong organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
Skills: loan processor, loan clerk, loan processing, financial institution, mortgage company, loan approval process.
Job industry: Finance
Job industry: Finance
How much does Loan Processor Clerk make?
Salary details
How much does Loan Processor Clerk make?Estimated Yearly Salary: 142,588 ILS
Estimated Monthly Salary: 11,882 ILS
Estimated Weekly Salary: 2,742 ILS per week
Estimated Hourly Salary: 69 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 138,200 ILSEstimated Monthly Salary: 11,517 ILS
Estimated Weekly Salary: 2,658 ILS per week
Estimated Hourly Salary: 66 ILS per hour
Last revision of data: 2024-01-03Loan Processor Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 35,884 USD
Estimated Monthly Salary: 2,990 USD
Estimated Weekly Salary: 690 USD per week
Estimated Hourly Salary: 17 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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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 Processor Clerk job salary compared to average salary in Israel.
Comparison shows that a person working as Loan Processor Clerk in Israel earns on average:
0.74 times the average salary (or 74% 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 Processor Clerk job salary compared to average salary in Israel.
Comparison shows that a person working as Loan Processor Clerk in Israel earns on average:
0.74 times the average salary (or 74% of average salary).
Is Loan Processor Clerk a well paid job?
No, our data shows that Loan Processor Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Processor Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Processor Clerk?
High salary for Loan Processor Clerk would be somewhere between 156,847 ILS and 206,753 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor Clerk 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: 142,588 ILS
Estimated Monthly Salary: 11,882 ILS
Estimated Weekly Salary: 2,742 ILS per week
Estimated Hourly Salary: 69 ILS per hour
By working as Loan Processor Clerk a person can save up to 804 USD per month or 9,652 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 Processor Clerk
Lebanon is 5,418 USD
Syria is 2,393 USD
Jordan is 6,213 USD
Egypt is 2,676 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.)
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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:
Communications director (247,112 ILS per year, pre-tax.)
Aerospace stress engineer (343,176 ILS per year, pre-tax.)
Advertising operations manager (192,759 ILS per year, pre-tax.)
Senior manager creative services (267,817 ILS per year, pre-tax.)
Mortgage loan officer (169,890 ILS per year, pre-tax.)
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optisalary.com provides salary figures solely for informational use. While we endeavor for correctness, we do not ensure the precision of all figures. Users should verify salary details with official organizations before making financial plans. Salary estimates may vary based on numerous factors, such as company size, negotiation tactics, and industry demand. We assume no responsibility for errors in the salary figures provided. By using optisalary.com, you acknowledge that salary data is not absolute.