Home > Salary > Monaco > Loan Processor
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Estimated Yearly Salary: 130,423 EUR
Estimated Monthly Salary: 10,869 EUR
Estimated Weekly Salary: 2,508 EUR per week
Estimated Hourly Salary: 63 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,479 EUR
Estimated Weekly Salary: 2,418 EUR per week
Estimated Hourly Salary: 60 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 130,542 USD
Estimated Monthly Salary: 10,879 USD
Estimated Weekly Salary: 2,510 USD per week
Estimated Hourly Salary: 63 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 130,423 EUR
Estimated Monthly Salary: 10,869 EUR
Estimated Weekly Salary: 2,508 EUR per week
Estimated Hourly Salary: 63 EUR per hour
By working as Loan Processor a person can save up to 3,435 USD per month or 41,224 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Bookkeeping clerk (93,675 EUR per year, pre-tax.)
Senior vice president (svp), operations (608,482 EUR per year, pre-tax.)
Media specialist (181,190 EUR per year, pre-tax.)
Geriatric case manager (115,881 EUR per year, pre-tax.)
General manager fitness club (158,205 EUR per year, pre-tax.)
Loan Processor salary in Monaco
Average Yearly Salary of Loan Processor in Monaco is approximately 130,423 EUR (130,542 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 do?
A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Skills: loan processing, financial services, mortgage industry, loan documentation, credit analysis, customer service
Job industry: Finance
Job industry: Finance
How much does Loan Processor make?
Salary details
How much does Loan Processor make?Estimated Yearly Salary: 130,423 EUR
Estimated Monthly Salary: 10,869 EUR
Estimated Weekly Salary: 2,508 EUR per week
Estimated Hourly Salary: 63 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 125,753 EUREstimated Monthly Salary: 10,479 EUR
Estimated Weekly Salary: 2,418 EUR per week
Estimated Hourly Salary: 60 EUR per hour
Last revision of data: 2024-01-06Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 130,542 USD
Estimated Monthly Salary: 10,879 USD
Estimated Weekly Salary: 2,510 USD per week
Estimated Hourly Salary: 63 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Monaco.
Comparison shows that a person working as Loan Processor in Monaco earns on average:
0.77 times the average salary (or 77% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Monaco.
Comparison shows that a person working as Loan Processor in Monaco earns on average:
0.77 times the average salary (or 77% of average salary).
Is Loan Processor a well paid job?
No, our data shows that Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Processor?
High salary for Loan Processor would be somewhere between 143,465 EUR and 189,113 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 130,423 EUR
Estimated Monthly Salary: 10,869 EUR
Estimated Weekly Salary: 2,508 EUR per week
Estimated Hourly Salary: 63 EUR per hour
By working as Loan Processor a person can save up to 3,435 USD per month or 41,224 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. 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
France is 32,041 USD
Italy is 26,373 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Bookkeeping clerk (93,675 EUR per year, pre-tax.)
Senior vice president (svp), operations (608,482 EUR per year, pre-tax.)
Media specialist (181,190 EUR per year, pre-tax.)
Geriatric case manager (115,881 EUR per year, pre-tax.)
General manager fitness club (158,205 EUR 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=monaco&job=loan-processor'><img src='https://optisalary.com/wp-content/graphs/salary/loan-processor-salary-in-monaco-2025.jpg' alt='loan processor salary in monaco 2025' title='loan processor salary in monaco 2025' /></a>
Please note:The salary figures on this website are meant for informational purposes only.
Salary details displayed on optisalary.com are meant for informational purposes exclusively. Our data is sourced through various sources and may not necessarily be up to date. Users must cross-reference salary information through other means before making employment commitments. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot warrant that the data provided is flawless. By using optisalary.com, you agree that salary information is presented 'as is' and without warranties.
The salary figures presented here are meant for informational purposes only. While we strive to ensure accuracy, we cannot guarantee all figures is precise. Users are advised to research salary details with independent authorities before making critical financial choices. Salary ranges may change due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the salary data displayed.