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Foreclosure Team Lead salary in Latvia

Average Yearly Salary of Foreclosure Team Lead in Latvia is approximately 17,767 EUR (17,762 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 Foreclosure Team Lead do?

occupation personasA foreclosure team lead is responsible for overseeing a team of professionals involved in the foreclosure process. They work closely with attorneys, loan officers, and other stakeholders to ensure compliance with legal requirements and company policies. The team lead manages the day-to-day operations, including reviewing foreclosure files, coordinating court appearances, and communicating with borrowers. They provide guidance and support to team members, ensuring efficient workflow and timely completion of tasks. Additionally, they may be involved in training and mentoring new team members, monitoring performance metrics, and implementing process improvements.

Skills: Foreclosure, Team Lead, Legal Compliance, Loan Management, Court Proceedings, Workflow Management
Job industry: Real estate


How much does Foreclosure Team Lead make?

Salary details
How much does Foreclosure Team Lead make?
Estimated Yearly Salary: 17,767 EUR
Estimated Monthly Salary: 1,481 EUR
Estimated Weekly Salary: 342 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 17,108 EUR
Estimated Monthly Salary: 1,426 EUR
Estimated Weekly Salary: 329 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Last revision of data: 2024-01-03



Foreclosure Team Lead estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 17,762 USD
Estimated Monthly Salary: 1,480 USD
Estimated Weekly Salary: 342 USD per week
Estimated Hourly Salary: 9 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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.

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Salary comparison to National average

Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.

Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Foreclosure Team Lead job salary compared to average salary in Latvia.
Comparison shows that a person working as Foreclosure Team Lead in Latvia earns on average:
0.91 times the average salary (or 91% of average salary).

Is Foreclosure Team Lead a well paid job?

Yes, our data show that Foreclosure Team Lead 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 Foreclosure Team Lead?

High salary for Foreclosure Team Lead would be somewhere between 19,544 EUR and 25,762 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Foreclosure Team Lead in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 17,767 EUR
Estimated Monthly Salary: 1,481 EUR
Estimated Weekly Salary: 342 EUR per week
Estimated Hourly Salary: 9 EUR per hour
By working as Foreclosure Team Lead a person can save up to 620 USD per month or 7,442 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Foreclosure Team Lead

Estonia is 22,841 USDup arrow 29%
Details on Foreclosure Team Lead salary in Estonia
Russia is 10,532 USDdown arrow 41%
Details on Foreclosure Team Lead salary in Russia
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Latvia

(224,317 EUR per year, pre-tax.)
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)

Data as of 2025

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Please note:
The salary data presented here are intended for informational purposes solely.
The salary estimates on this website are meant for reference use only. We compile salary data from multiple sources, but do not ensure complete accuracy. Users must independently confirm salaries before making career commitments. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any guarantee regarding the correctness of the provided salary data. By using this site, you acknowledge that salary data is not definitive.
optisalary.com aggregates salary information for educational purposes exclusively. While we endeavor to present accurate figures, we do not ensure their absolute reliability. Users are strongly advised to consult additional sources before finalizing financial plans. Salary figures vary based on several factors, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the listed data. Your access of this site acknowledges agreement of this notice.