Home > Salary > Morocco > Residential Loan Processor
A residential loan processor is responsible for facilitating the loan application process for individuals seeking to purchase or refinance a residential property. They work closely with loan officers, borrowers, and underwriters to ensure that all necessary documentation is collected and processed accurately and efficiently. Their primary duties include reviewing loan applications, verifying borrower information, ordering appraisals and title reports, preparing loan files, and coordinating with various parties involved in the loan process. Additionally, they may assist in resolving any issues or discrepancies that arise during the loan approval process.
Estimated Yearly Salary: 108,124 MAD
Estimated Monthly Salary: 9,010 MAD
Estimated Weekly Salary: 2,079 MAD per week
Estimated Hourly Salary: 52 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,693 MAD
Estimated Weekly Salary: 2,006 MAD per week
Estimated Hourly Salary: 50 MAD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,782 USD
Estimated Monthly Salary: 815 USD
Estimated Weekly Salary: 188 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: 108,124 MAD
Estimated Monthly Salary: 9,010 MAD
Estimated Weekly Salary: 2,079 MAD per week
Estimated Hourly Salary: 52 MAD per hour
By working as Residential Loan Processor a person can save up to 215 USD per month or 2,582 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 Residential Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Residential Loan Processor salary in Morocco
Average Yearly Salary of Residential Loan Processor in Morocco is approximately 108,124 MAD (9,782 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 Residential Loan Processor do?
A residential loan processor is responsible for facilitating the loan application process for individuals seeking to purchase or refinance a residential property. They work closely with loan officers, borrowers, and underwriters to ensure that all necessary documentation is collected and processed accurately and efficiently. Their primary duties include reviewing loan applications, verifying borrower information, ordering appraisals and title reports, preparing loan files, and coordinating with various parties involved in the loan process. Additionally, they may assist in resolving any issues or discrepancies that arise during the loan approval process.
Skills: residential loan processor, mortgage processing, loan application, loan documentation, loan coordination, loan approval
Job industry: Finance
Job industry: Finance
How much does Residential Loan Processor make?
Salary details
How much does Residential Loan Processor make?Estimated Yearly Salary: 108,124 MAD
Estimated Monthly Salary: 9,010 MAD
Estimated Weekly Salary: 2,079 MAD per week
Estimated Hourly Salary: 52 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 104,313 MADEstimated Monthly Salary: 8,693 MAD
Estimated Weekly Salary: 2,006 MAD per week
Estimated Hourly Salary: 50 MAD per hour
Last revision of data: 2024-01-03Residential Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,782 USD
Estimated Monthly Salary: 815 USD
Estimated Weekly Salary: 188 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 Residential Loan Processor job salary compared to average salary in Morocco.
Comparison shows that a person working as Residential Loan Processor in Morocco earns on average:
0.72 times the average salary (or 72% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Residential Loan Processor job salary compared to average salary in Morocco.
Comparison shows that a person working as Residential Loan Processor in Morocco earns on average:
0.72 times the average salary (or 72% of average salary).
Is Residential Loan Processor a well paid job?
No, our data shows that Residential Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Residential Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Residential Loan Processor?
High salary for Residential Loan Processor would be somewhere between 118,936 MAD and 156,780 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Residential 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: 108,124 MAD
Estimated Monthly Salary: 9,010 MAD
Estimated Weekly Salary: 2,079 MAD per week
Estimated Hourly Salary: 52 MAD per hour
By working as Residential Loan Processor a person can save up to 215 USD per month or 2,582 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 Residential Loan Processor
Algeria is 9,154 USD
Spain is 20,765 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:
Fiber optic technician (106,032 MAD per year, pre-tax.)
District operations manager (187,500 MAD per year, pre-tax.)
Senior clinical data manager (341,887 MAD per year, pre-tax.)
Nurse case manager (239,206 MAD per year, pre-tax.)
School nurse (154,160 MAD per year, pre-tax.)
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