Home > Salary > Saudi Arabia > Assistant Loan Processor
An assistant loan processor is responsible for supporting the loan processing team in various administrative tasks related to loan applications. They assist in gathering and organizing documentation, reviewing loan files for completeness, verifying borrower information, and inputting data into loan processing systems. They may also communicate with borrowers, lenders, and other parties involved in the loan process to obtain additional information or clarify details.
This role requires strong organizational skills, attention to detail, and the ability to work efficiently in a fast-paced environment. Assistant loan processors should have good communication skills to effectively collaborate with team members and provide excellent customer service. They must also be familiar with loan processing software and have a basic understanding of lending regulations and procedures.
Estimated Yearly Salary: 72,011 SAR
Estimated Monthly Salary: 6,001 SAR
Estimated Weekly Salary: 1,385 SAR per week
Estimated Hourly Salary: 35 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,814 SAR
Estimated Weekly Salary: 1,342 SAR per week
Estimated Hourly Salary: 34 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 18,037 USD
Estimated Monthly Salary: 1,503 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 72,011 SAR
Estimated Monthly Salary: 6,001 SAR
Estimated Weekly Salary: 1,385 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Assistant Loan Processor a person can save up to 399 USD per month or 4,794 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Assistant Loan Processor
United Arab Emirates is 31,983 USD 77%
Details on Assistant Loan Processor salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Assistant Loan Processor salary in Saudi Arabia
Average Yearly Salary of Assistant Loan Processor in Saudi Arabia is approximately 72,011 SAR (18,037 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 Assistant Loan Processor do?
An assistant loan processor is responsible for supporting the loan processing team in various administrative tasks related to loan applications. They assist in gathering and organizing documentation, reviewing loan files for completeness, verifying borrower information, and inputting data into loan processing systems. They may also communicate with borrowers, lenders, and other parties involved in the loan process to obtain additional information or clarify details.
This role requires strong organizational skills, attention to detail, and the ability to work efficiently in a fast-paced environment. Assistant loan processors should have good communication skills to effectively collaborate with team members and provide excellent customer service. They must also be familiar with loan processing software and have a basic understanding of lending regulations and procedures.
Skills: Loan processing, Administrative support, Documentation management, Customer service, Data entry, Loan application review
Job industry: Banking
Job industry: Banking
How much does Assistant Loan Processor make?
Salary details
How much does Assistant Loan Processor make?Estimated Yearly Salary: 72,011 SAR
Estimated Monthly Salary: 6,001 SAR
Estimated Weekly Salary: 1,385 SAR per week
Estimated Hourly Salary: 35 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 69,768 SAREstimated Monthly Salary: 5,814 SAR
Estimated Weekly Salary: 1,342 SAR per week
Estimated Hourly Salary: 34 SAR per hour
Last revision of data: 2024-01-03Assistant Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,037 USD
Estimated Monthly Salary: 1,503 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Processor job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Assistant Loan Processor in Saudi Arabia earns on average:
0.7 times the average salary (or 70% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Assistant Loan Processor job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Assistant Loan Processor in Saudi Arabia earns on average:
0.7 times the average salary (or 70% of average salary).
Is Assistant Loan Processor a well paid job?
No, our data shows that Assistant Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Assistant Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Assistant Loan Processor?
High salary for Assistant Loan Processor would be somewhere between 79,212 SAR and 104,416 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Assistant Loan Processor in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 72,011 SAR
Estimated Monthly Salary: 6,001 SAR
Estimated Weekly Salary: 1,385 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Assistant Loan Processor a person can save up to 399 USD per month or 4,794 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Assistant Loan Processor
Jordan is 6,195 USD
Iraq is 3,930 USD
Kuwait is 8,801 USD
Qatar is 46,043 USD
Bahrain is 11,670 USDUnited Arab Emirates is 31,983 USD 77%Details on Assistant Loan Processor salary in United Arab Emirates
Oman is 5,923 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
It generalist (114,276 SAR per year, pre-tax.)
Offshore rigger (66,737 SAR per year, pre-tax.)
Script reader (105,856 SAR per year, pre-tax.)
Engineering librarian (111,739 SAR per year, pre-tax.)
Vice president (vp), financial services (188,302 SAR per year, pre-tax.)
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