Home > Salary > Saudi Arabia > Loan Administrator
A loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.
Estimated Yearly Salary: 113,216 SAR
Estimated Monthly Salary: 9,435 SAR
Estimated Weekly Salary: 2,177 SAR per week
Estimated Hourly Salary: 54 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,122 SAR
Estimated Weekly Salary: 2,105 SAR per week
Estimated Hourly Salary: 53 SAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 28,282 USD
Estimated Monthly Salary: 2,357 USD
Estimated Weekly Salary: 544 USD per week
Estimated Hourly Salary: 14 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: 113,216 SAR
Estimated Monthly Salary: 9,435 SAR
Estimated Weekly Salary: 2,177 SAR per week
Estimated Hourly Salary: 54 SAR per hour
By working as Loan Administrator a person can save up to 1,253 USD per month or 15,039 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 Loan Administrator
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Loan Administrator salary in Saudi Arabia
Average Yearly Salary of Loan Administrator in Saudi Arabia is approximately 113,216 SAR (28,282 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 Administrator do?
A loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.
Skills: loan administration, loan processing, credit analysis, compliance management, loan documentation, customer service
Job industry: Banking
Job industry: Banking
How much does Loan Administrator make?
Salary details
How much does Loan Administrator make?Estimated Yearly Salary: 113,216 SAR
Estimated Monthly Salary: 9,435 SAR
Estimated Weekly Salary: 2,177 SAR per week
Estimated Hourly Salary: 54 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 109,468 SAREstimated Monthly Salary: 9,122 SAR
Estimated Weekly Salary: 2,105 SAR per week
Estimated Hourly Salary: 53 SAR per hour
Last revision of data: 2024-01-05Loan Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 28,282 USD
Estimated Monthly Salary: 2,357 USD
Estimated Weekly Salary: 544 USD per week
Estimated Hourly Salary: 14 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
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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 Loan Administrator job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Administrator in Saudi Arabia earns on average:
1.09 times the average salary (or 109% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Loan Administrator job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Administrator in Saudi Arabia earns on average:
1.09 times the average salary (or 109% of average salary).
Is Loan Administrator a well paid job?
Yes, our data show that Loan Administrator 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 Loan Administrator?
High salary for Loan Administrator would be somewhere between 124,538 SAR and 164,163 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Administrator 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: 113,216 SAR
Estimated Monthly Salary: 9,435 SAR
Estimated Weekly Salary: 2,177 SAR per week
Estimated Hourly Salary: 54 SAR per hour
By working as Loan Administrator a person can save up to 1,253 USD per month or 15,039 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 Loan Administrator
Jordan is 9,775 USD
Iraq is 6,166 USD
Kuwait is 13,773 USD
Qatar is 72,153 USD
Bahrain is 18,305 USD
United Arab Emirates is 50,327 USD
Oman is 9,277 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:
Veterans contact representative (70,972 SAR per year, pre-tax.)
Maintenance director (112,774 SAR per year, pre-tax.)
Jewelry appraiser (83,000 SAR per year, pre-tax.)
Family pastor (101,044 SAR per year, pre-tax.)
Genetic counsellor (151,568 SAR per year, pre-tax.)
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