Home > Salary > Saudi Arabia > 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: 72,089 SAR
Estimated Monthly Salary: 6,007 SAR
Estimated Weekly Salary: 1,386 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: 17,999 USD
Estimated Monthly Salary: 1,500 USD
Estimated Weekly Salary: 346 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: 72,089 SAR
Estimated Monthly Salary: 6,007 SAR
Estimated Weekly Salary: 1,386 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Loan Processor Clerk a person can save up to 396 USD per month or 4,756 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 Processor Clerk
United Arab Emirates is 32,110 USD 78%
Details on Loan Processor Clerk salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Director of consumer lending (202,356 SAR per year, pre-tax.)
Dental ceramist (73,136 SAR per year, pre-tax.)
Postal service mail sorter processor or processing machine operator (64,148 SAR per year, pre-tax.)
Hedge fund manager (306,744 SAR per year, pre-tax.)
University head track and cross country coach (103,236 SAR per year, pre-tax.)
Loan Processor Clerk salary in Saudi Arabia
Average Yearly Salary of Loan Processor Clerk in Saudi Arabia is approximately 72,089 SAR (17,999 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: 72,089 SAR
Estimated Monthly Salary: 6,007 SAR
Estimated Weekly Salary: 1,386 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: 2024-01-03Loan Processor Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,999 USD
Estimated Monthly Salary: 1,500 USD
Estimated Weekly Salary: 346 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 Loan Processor Clerk job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Processor Clerk 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 Loan Processor Clerk job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Processor Clerk in Saudi Arabia earns on average:
0.7 times the average salary (or 70% 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 79,298 SAR and 104,529 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Processor Clerk 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: 72,089 SAR
Estimated Monthly Salary: 6,007 SAR
Estimated Weekly Salary: 1,386 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Loan Processor Clerk a person can save up to 396 USD per month or 4,756 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 Processor Clerk
Jordan is 6,213 USD
Iraq is 3,929 USD
Kuwait is 8,796 USD
Qatar is 46,144 USD
Bahrain is 11,659 USDUnited Arab Emirates is 32,110 USD 78%Details on Loan Processor Clerk salary in United Arab Emirates
Oman is 5,946 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:
Director of consumer lending (202,356 SAR per year, pre-tax.)
Dental ceramist (73,136 SAR per year, pre-tax.)
Postal service mail sorter processor or processing machine operator (64,148 SAR per year, pre-tax.)
Hedge fund manager (306,744 SAR per year, pre-tax.)
University head track and cross country coach (103,236 SAR per year, pre-tax.)
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