Home > Salary > Kuwait > Mortgage Clerk
A mortgage clerk is responsible for assisting in the processing and documentation of mortgage loans. Their primary role involves gathering and verifying financial information, such as income, credit history, and employment details, from loan applicants. They also review loan applications for completeness and accuracy, ensuring all necessary documents are included. Mortgage clerks work closely with loan officers and underwriters to ensure a smooth loan approval process. They may communicate with borrowers, lenders, and other parties involved in the mortgage transaction to request additional information or clarify details. Additionally, they maintain accurate records of loan applications and update loan files as needed. Attention to detail, strong organizational skills, and knowledge of mortgage regulations and procedures are essential for success in this occupation.
Estimated Yearly Salary: 29,695 KWD
Estimated Monthly Salary: 2,475 KWD
Estimated Weekly Salary: 571 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,398 KWD
Estimated Weekly Salary: 553 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Last revision of data: 2024-02-05
Estimated Yearly Salary: 9,960 USD
Estimated Monthly Salary: 830 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 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: 29,695 KWD
Estimated Monthly Salary: 2,475 KWD
Estimated Weekly Salary: 571 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Our data indicates that by working as Mortgage Clerk you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Mortgage Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Clerk salary in Kuwait
Average Yearly Salary of Mortgage Clerk in Kuwait is approximately 29,695 KWD (9,960 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 Clerk do?
A mortgage clerk is responsible for assisting in the processing and documentation of mortgage loans. Their primary role involves gathering and verifying financial information, such as income, credit history, and employment details, from loan applicants. They also review loan applications for completeness and accuracy, ensuring all necessary documents are included. Mortgage clerks work closely with loan officers and underwriters to ensure a smooth loan approval process. They may communicate with borrowers, lenders, and other parties involved in the mortgage transaction to request additional information or clarify details. Additionally, they maintain accurate records of loan applications and update loan files as needed. Attention to detail, strong organizational skills, and knowledge of mortgage regulations and procedures are essential for success in this occupation.
Skills: Mortgage clerk, Loan processing, Documentation, Financial verification, Loan application, Mortgage regulations
Job industry: Finance
Job industry: Finance
How much does Mortgage Clerk make?
Salary details
How much does Mortgage Clerk make?Estimated Yearly Salary: 29,695 KWD
Estimated Monthly Salary: 2,475 KWD
Estimated Weekly Salary: 571 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 28,776 KWDEstimated Monthly Salary: 2,398 KWD
Estimated Weekly Salary: 553 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Last revision of data: 2024-02-05Mortgage Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,960 USD
Estimated Monthly Salary: 830 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 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
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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Clerk job salary compared to average salary in Kuwait.
Comparison shows that a person working as Mortgage Clerk in Kuwait earns on average:
2.41 times the average salary (or 241% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Clerk job salary compared to average salary in Kuwait.
Comparison shows that a person working as Mortgage Clerk in Kuwait earns on average:
2.41 times the average salary (or 241% of average salary).
Is Mortgage Clerk a well paid job?
Yes, our data show that Mortgage Clerk is a very 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 Clerk?
High salary for Mortgage Clerk would be somewhere between 32,665 KWD and 43,058 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Clerk in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 29,695 KWD
Estimated Monthly Salary: 2,475 KWD
Estimated Weekly Salary: 571 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Our data indicates that by working as Mortgage Clerk you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. 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 Clerk
Saudi Arabia is 20,604 USD
Iraq is 4,451 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Apparel manager (30,940 KWD per year, pre-tax.)
Quality assurance laboratory technician (24,024 KWD per year, pre-tax.)
Pre sales technical consultant (55,328 KWD per year, pre-tax.)
Test administrator (18,564 KWD per year, pre-tax.)
Cobol programmer (56,680 KWD per year, pre-tax.)
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Salary details presented on this website are meant for informational purposes only. Our data comes from various inputs and may not always be up to date. Users should verify salary information through other means before making employment decisions. The figures shown here may change due to factors such as location, industry standards, and individual skill sets. We cannot guarantee that the data displayed is flawless. By accessing this website, you accept that salary information is offered 'as is' and without assurances.