Home > Salary > Qatar > Loan Processor Clerk
A loan processor clerk is responsible for supporting the loan processing team in a financial institution or mortgage company. Their main duties include reviewing loan applications, verifying applicant information, and ensuring all required documents are complete and accurate. They play a crucial role in the loan approval process by organizing and maintaining loan files, preparing loan documents, and submitting loan packages to underwriters for review. Loan processor clerks also communicate with borrowers, lenders, and other parties involved to obtain missing information or resolve any discrepancies. Attention to detail, strong organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
Estimated Yearly Salary: 185,122 QAR
Estimated Monthly Salary: 15,427 QAR
Estimated Weekly Salary: 3,560 QAR per week
Estimated Hourly Salary: 89 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,857 QAR
Estimated Weekly Salary: 3,428 QAR per week
Estimated Hourly Salary: 86 QAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 46,144 USD
Estimated Monthly Salary: 3,845 USD
Estimated Weekly Salary: 887 USD per week
Estimated Hourly Salary: 22 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: 185,122 QAR
Estimated Monthly Salary: 15,427 QAR
Estimated Weekly Salary: 3,560 QAR per week
Estimated Hourly Salary: 89 QAR per hour
By working as Loan Processor Clerk a person can save up to 1,025 USD per month or 12,304 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 Qatar, see costs of living in Qatar.
Estimated Yearly Salary for Loan Processor Clerk
United Arab Emirates is 32,110 USD
30%
Details on Loan Processor Clerk salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Loan Processor Clerk salary in Qatar
Average Yearly Salary of Loan Processor Clerk in Qatar is approximately 185,122 QAR (46,144 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 Clerk do?
A loan processor clerk is responsible for supporting the loan processing team in a financial institution or mortgage company. Their main duties include reviewing loan applications, verifying applicant information, and ensuring all required documents are complete and accurate. They play a crucial role in the loan approval process by organizing and maintaining loan files, preparing loan documents, and submitting loan packages to underwriters for review. Loan processor clerks also communicate with borrowers, lenders, and other parties involved to obtain missing information or resolve any discrepancies. Attention to detail, strong organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.
Skills: loan processor, loan clerk, loan processing, financial institution, mortgage company, loan approval process.
Job industry: Finance
Job industry: Finance
How much does Loan Processor Clerk make?
Salary details
How much does Loan Processor Clerk make?Estimated Yearly Salary: 185,122 QAR
Estimated Monthly Salary: 15,427 QAR
Estimated Weekly Salary: 3,560 QAR per week
Estimated Hourly Salary: 89 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 178,280 QAREstimated Monthly Salary: 14,857 QAR
Estimated Weekly Salary: 3,428 QAR per week
Estimated Hourly Salary: 86 QAR per hour
Last revision of data: 2024-01-03Loan Processor Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 46,144 USD
Estimated Monthly Salary: 3,845 USD
Estimated Weekly Salary: 887 USD per week
Estimated Hourly Salary: 22 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
Qatar, a sovereign country located in the Middle East, is known for its rich culture and rapid development. With a population of approximately 2.8 million people, Qatar is a relatively small nation. Its total land area covers around 11,586 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor Clerk job salary compared to average salary in Qatar.
Comparison shows that a person working as Loan Processor Clerk in Qatar earns on average:
0.72 times the average salary (or 72% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Loan Processor Clerk job salary compared to average salary in Qatar.
Comparison shows that a person working as Loan Processor Clerk in Qatar earns on average:
0.72 times the average salary (or 72% of average salary).
Is Loan Processor Clerk a well paid job?
No, our data shows that Loan Processor Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Processor Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Processor Clerk?
High salary for Loan Processor Clerk would be somewhere between 203,634 QAR and 268,427 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor Clerk in Qatar?
Living in Qatar the approximate monthly expenses are: 2,820 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: 185,122 QAR
Estimated Monthly Salary: 15,427 QAR
Estimated Weekly Salary: 3,560 QAR per week
Estimated Hourly Salary: 89 QAR per hour
By working as Loan Processor Clerk a person can save up to 1,025 USD per month or 12,304 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 Qatar, see costs of living in Qatar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Iran. 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 Clerk
Saudi Arabia is 17,999 USDUnited Arab Emirates is 32,110 USD 30%Details on Loan Processor Clerk salary in United Arab Emirates
Bahrain is 11,659 USD
Kuwait is 8,796 USD
Iran is 5,181 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 Qatar
(2,939,572 QAR per year, pre-tax.)
2. Cardiologist
(2,450,940 QAR per year, pre-tax.)
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5. Neurosurgeon
(2,287,404 QAR per year, pre-tax.)
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7. Urologist
(2,240,458 QAR per year, pre-tax.)
(2,237,140 QAR per year, pre-tax.)
9. Oncologist
(2,234,247 QAR per year, pre-tax.)
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Data as of 2025Random salary:
Vice president (vp), investment banking (541,468 QAR per year, pre-tax.)
Assistant fashion designer (205,296 QAR per year, pre-tax.)
Technical writer (346,213 QAR per year, pre-tax.)
Caterer (162,645 QAR per year, pre-tax.)
Technical training instructor (358,427 QAR per year, pre-tax.)
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