Home > Salary > Morocco > Mortgage Loan Processor
A mortgage loan processor is a professional responsible for managing and organizing the documentation required for the approval and closing of mortgage loans. Their main role is to ensure that all necessary paperwork is complete, accurate, and in compliance with regulatory standards. They work closely with loan officers, underwriters, and borrowers to gather and verify information, such as income, employment history, credit reports, and property appraisals. Additionally, mortgage loan processors review loan applications, calculate debt-to-income ratios, and prepare loan packages for submission to underwriters. They also communicate with borrowers to request any missing or additional documentation and keep them informed about the progress of their loan application. Accuracy, attention to detail, and strong organizational skills are essential for this occupation.
Estimated Yearly Salary: 123,007 MAD
Estimated Monthly Salary: 10,251 MAD
Estimated Weekly Salary: 2,366 MAD per week
Estimated Hourly Salary: 59 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,892 MAD
Estimated Weekly Salary: 2,283 MAD per week
Estimated Hourly Salary: 57 MAD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 11,206 USD
Estimated Monthly Salary: 934 USD
Estimated Weekly Salary: 216 USD per week
Estimated Hourly Salary: 5 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: 123,007 MAD
Estimated Monthly Salary: 10,251 MAD
Estimated Weekly Salary: 2,366 MAD per week
Estimated Hourly Salary: 59 MAD per hour
By working as Mortgage Loan Processor a person can save up to 334 USD per month or 4,006 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 Morocco, see costs of living in Morocco.
Estimated Yearly Salary for Mortgage Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Processor salary in Morocco
Average Yearly Salary of Mortgage Loan Processor in Morocco is approximately 123,007 MAD (11,206 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 Processor do?
A mortgage loan processor is a professional responsible for managing and organizing the documentation required for the approval and closing of mortgage loans. Their main role is to ensure that all necessary paperwork is complete, accurate, and in compliance with regulatory standards. They work closely with loan officers, underwriters, and borrowers to gather and verify information, such as income, employment history, credit reports, and property appraisals. Additionally, mortgage loan processors review loan applications, calculate debt-to-income ratios, and prepare loan packages for submission to underwriters. They also communicate with borrowers to request any missing or additional documentation and keep them informed about the progress of their loan application. Accuracy, attention to detail, and strong organizational skills are essential for this occupation.
Skills: Mortgage loan processor, Loan processing, Mortgage industry, Financial services, Documentation management, Loan underwriting.
Job industry: Finance
Job industry: Finance
How much does Mortgage Loan Processor make?
Salary details
How much does Mortgage Loan Processor make?Estimated Yearly Salary: 123,007 MAD
Estimated Monthly Salary: 10,251 MAD
Estimated Weekly Salary: 2,366 MAD per week
Estimated Hourly Salary: 59 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 118,701 MADEstimated Monthly Salary: 9,892 MAD
Estimated Weekly Salary: 2,283 MAD per week
Estimated Hourly Salary: 57 MAD per hour
Last revision of data: 2024-01-02Mortgage Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,206 USD
Estimated Monthly Salary: 934 USD
Estimated Weekly Salary: 216 USD per week
Estimated Hourly Salary: 5 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
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Country:
Salary comparison to National average
Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Processor job salary compared to average salary in Morocco.
Comparison shows that a person working as Mortgage Loan Processor in Morocco earns on average:
0.82 times the average salary (or 82% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Processor job salary compared to average salary in Morocco.
Comparison shows that a person working as Mortgage Loan Processor in Morocco earns on average:
0.82 times the average salary (or 82% of average salary).
Is Mortgage Loan Processor a well paid job?
Yes, our data show that Mortgage Loan Processor 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 Processor?
High salary for Mortgage Loan Processor would be somewhere between 135,308 MAD and 178,360 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Processor in Morocco?
Living in Morocco the approximate monthly expenses are: 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: 123,007 MAD
Estimated Monthly Salary: 10,251 MAD
Estimated Weekly Salary: 2,366 MAD per week
Estimated Hourly Salary: 59 MAD per hour
By working as Mortgage Loan Processor a person can save up to 334 USD per month or 4,006 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 Morocco, see costs of living in Morocco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Algeria, Western Sahara, Spain. 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 Processor
Algeria is 10,388 USD
Spain is 23,523 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 Morocco
(1,720,305 MAD per year, pre-tax.)
2. Cardiologist
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
4. Neurosurgeon
(1,340,476 MAD per year, pre-tax.)
(1,339,746 MAD per year, pre-tax.)
(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
9. Urologist
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)
Data as of 2025Random salary:
Early intervention supervisor (188,848 MAD per year, pre-tax.)
Mayor (148,500 MAD per year, pre-tax.)
Biophysicist (243,874 MAD per year, pre-tax.)
Computer desktop publisher (135,547 MAD per year, pre-tax.)
Team supervisor call center (139,500 MAD per year, pre-tax.)
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