Home > Salary > Myanmar > 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: 5,628,474 MMK
Estimated Monthly Salary: 469,040 MMK
Estimated Weekly Salary: 108,240 MMK per week
Estimated Hourly Salary: 2,706 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 452,064 MMK
Estimated Weekly Salary: 104,322 MMK per week
Estimated Hourly Salary: 2,608 MMK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 2,450 USD
Estimated Monthly Salary: 204 USD
Estimated Weekly Salary: 47 USD per week
Estimated Hourly Salary: 1 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: 5,628,474 MMK
Estimated Monthly Salary: 469,040 MMK
Estimated Weekly Salary: 108,240 MMK per week
Estimated Hourly Salary: 2,706 MMK per hour
By working as Loan Processor a person can save up to 64 USD per month or 765 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 Myanmar, see costs of living in Myanmar.
Estimated Yearly Salary for Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Loan Processor salary in Myanmar
Average Yearly Salary of Loan Processor in Myanmar is approximately 5,628,474 MMK (2,450 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: 5,628,474 MMK
Estimated Monthly Salary: 469,040 MMK
Estimated Weekly Salary: 108,240 MMK per week
Estimated Hourly Salary: 2,706 MMK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,424,764 MMKEstimated Monthly Salary: 452,064 MMK
Estimated Weekly Salary: 104,322 MMK per week
Estimated Hourly Salary: 2,608 MMK per hour
Last revision of data: 2024-01-05Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,450 USD
Estimated Monthly Salary: 204 USD
Estimated Weekly Salary: 47 USD per week
Estimated Hourly Salary: 1 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
Myanmar, also known as Burma, is a country located in Southeast Asia. With a population of approximately 54 million people, it is the 26th most populous country in the world. The nation covers an area of around 676,578 square kilometers, making it the 40th largest country in terms of land area.
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Myanmar.
Comparison shows that a person working as Loan Processor in Myanmar earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor job salary compared to average salary in Myanmar.
Comparison shows that a person working as Loan Processor in Myanmar earns on average:
0.76 times the average salary (or 76% 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 6,191,321 MMK and 8,161,287 MMK. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor in Myanmar?
Living in Myanmar the approximate monthly expenses are: 140 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: 5,628,474 MMK
Estimated Monthly Salary: 469,040 MMK
Estimated Weekly Salary: 108,240 MMK per week
Estimated Hourly Salary: 2,706 MMK per hour
By working as Loan Processor a person can save up to 64 USD per month or 765 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 Myanmar, see costs of living in Myanmar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Bangladesh, China, Laos, Thailand. 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
India is 15,613 USD
Bangladesh is 1,980 USD
China is 8,954 USD
Thailand is 5,045 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 Myanmar
(83,862,518 MMK per year, pre-tax.)
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(67,281,160 MMK per year, pre-tax.)
(65,258,796 MMK per year, pre-tax.)
5. Neurosurgeon
(65,192,663 MMK per year, pre-tax.)
(63,906,515 MMK per year, pre-tax.)
(63,864,729 MMK per year, pre-tax.)
8. Oncologist
(63,598,524 MMK per year, pre-tax.)
9. Urologist
(63,573,880 MMK per year, pre-tax.)
10. Dermatologist
(63,550,989 MMK per year, pre-tax.)
Data as of 2025Random salary:
Design verification engineer (12,168,296 MMK per year, pre-tax.)
Farmer (4,461,937 MMK per year, pre-tax.)
Executive vice president (evp), brokerage services (20,495,533 MMK per year, pre-tax.)
Senior asic engineer (22,398,878 MMK per year, pre-tax.)
Project engineer automotive (8,199,326 MMK per year, pre-tax.)
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