Home > Salary > Kenya > Mortgage Loan Funder
A mortgage loan funder is responsible for the final stage of the mortgage loan process. Their main role is to review and verify all loan documents, ensuring accuracy and compliance with regulations and policies. They work closely with loan processors, underwriters, and closers to coordinate the funding of loans in a timely manner. Mortgage loan funders are responsible for disbursing funds to the appropriate parties, such as the borrower, seller, and third-party vendors. They must also ensure that all necessary documentation is properly executed and recorded. Attention to detail, strong organizational skills, and knowledge of mortgage lending guidelines and procedures are essential in this role.
Estimated Yearly Salary: 855,517 KES
Estimated Monthly Salary: 71,293 KES
Estimated Weekly Salary: 16,452 KES per week
Estimated Hourly Salary: 411 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 68,888 KES
Estimated Weekly Salary: 15,897 KES per week
Estimated Hourly Salary: 397 KES per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 5,414 USD
Estimated Monthly Salary: 451 USD
Estimated Weekly Salary: 104 USD per week
Estimated Hourly Salary: 3 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: 855,517 KES
Estimated Monthly Salary: 71,293 KES
Estimated Weekly Salary: 16,452 KES per week
Estimated Hourly Salary: 411 KES per hour
By working as Mortgage Loan Funder a person can save up to 211 USD per month or 2,534 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Mortgage Loan Funder
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Funder salary in Kenya
Average Yearly Salary of Mortgage Loan Funder in Kenya is approximately 855,517 KES (5,414 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 Funder do?
A mortgage loan funder is responsible for the final stage of the mortgage loan process. Their main role is to review and verify all loan documents, ensuring accuracy and compliance with regulations and policies. They work closely with loan processors, underwriters, and closers to coordinate the funding of loans in a timely manner. Mortgage loan funders are responsible for disbursing funds to the appropriate parties, such as the borrower, seller, and third-party vendors. They must also ensure that all necessary documentation is properly executed and recorded. Attention to detail, strong organizational skills, and knowledge of mortgage lending guidelines and procedures are essential in this role.
Skills: mortgage loan funder, loan processing, loan funding, mortgage lending, compliance, documentation
Job industry: Banking
Job industry: Banking
How much does Mortgage Loan Funder make?
Salary details
How much does Mortgage Loan Funder make?Estimated Yearly Salary: 855,517 KES
Estimated Monthly Salary: 71,293 KES
Estimated Weekly Salary: 16,452 KES per week
Estimated Hourly Salary: 411 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 826,656 KESEstimated Monthly Salary: 68,888 KES
Estimated Weekly Salary: 15,897 KES per week
Estimated Hourly Salary: 397 KES per hour
Last revision of data: 2024-01-03Mortgage Loan Funder estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,414 USD
Estimated Monthly Salary: 451 USD
Estimated Weekly Salary: 104 USD per week
Estimated Hourly Salary: 3 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
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Funder job salary compared to average salary in Kenya.
Comparison shows that a person working as Mortgage Loan Funder in Kenya earns on average:
0.98 times the average salary (or 98% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Funder job salary compared to average salary in Kenya.
Comparison shows that a person working as Mortgage Loan Funder in Kenya earns on average:
0.98 times the average salary (or 98% of average salary).
Is Mortgage Loan Funder a well paid job?
Yes, our data show that Mortgage Loan Funder is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mortgage Loan Funder?
High salary for Mortgage Loan Funder would be somewhere between 941,069 KES and 1,240,500 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Funder in Kenya?
Living in Kenya 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: 855,517 KES
Estimated Monthly Salary: 71,293 KES
Estimated Weekly Salary: 16,452 KES per week
Estimated Hourly Salary: 411 KES per hour
By working as Mortgage Loan Funder a person can save up to 211 USD per month or 2,534 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. 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 Funder
Ethiopia is 1,727 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 Kenya
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Data as of 2025Random salary:
Land administrator (713,006 KES per year, pre-tax.)
Process development chemist (1,069,510 KES per year, pre-tax.)
Vice president (vp), manufacturing (2,614,268 KES per year, pre-tax.)
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Tutor (705,453 KES per year, pre-tax.)
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