Home > Salary > Saudi Arabia > Residential Loan Processor
A residential loan processor is responsible for facilitating the loan application process for individuals seeking to purchase or refinance a residential property. They work closely with loan officers, borrowers, and underwriters to ensure that all necessary documentation is collected and processed accurately and efficiently. Their primary duties include reviewing loan applications, verifying borrower information, ordering appraisals and title reports, preparing loan files, and coordinating with various parties involved in the loan process. Additionally, they may assist in resolving any issues or discrepancies that arise during the loan approval process.
Estimated Yearly Salary: 72,042 SAR
Estimated Monthly Salary: 6,004 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: 2024-01-07
Estimated Yearly Salary: 18,081 USD
Estimated Monthly Salary: 1,507 USD
Estimated Weekly Salary: 348 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: 72,042 SAR
Estimated Monthly Salary: 6,004 SAR
Estimated Weekly Salary: 1,385 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Residential Loan Processor a person can save up to 403 USD per month or 4,838 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 Residential Loan Processor
United Arab Emirates is 32,060 USD 77%
Details on Residential Loan Processor salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Residential Loan Processor salary in Saudi Arabia
Average Yearly Salary of Residential Loan Processor in Saudi Arabia is approximately 72,042 SAR (18,081 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 Residential Loan Processor do?
A residential loan processor is responsible for facilitating the loan application process for individuals seeking to purchase or refinance a residential property. They work closely with loan officers, borrowers, and underwriters to ensure that all necessary documentation is collected and processed accurately and efficiently. Their primary duties include reviewing loan applications, verifying borrower information, ordering appraisals and title reports, preparing loan files, and coordinating with various parties involved in the loan process. Additionally, they may assist in resolving any issues or discrepancies that arise during the loan approval process.
Skills: residential loan processor, mortgage processing, loan application, loan documentation, loan coordination, loan approval
Job industry: Finance
Job industry: Finance
How much does Residential Loan Processor make?
Salary details
How much does Residential Loan Processor make?Estimated Yearly Salary: 72,042 SAR
Estimated Monthly Salary: 6,004 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: 2024-01-07Residential Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,081 USD
Estimated Monthly Salary: 1,507 USD
Estimated Weekly Salary: 348 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
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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 Residential Loan Processor job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Residential 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 Residential Loan Processor job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Residential Loan Processor in Saudi Arabia earns on average:
0.7 times the average salary (or 70% of average salary).
Is Residential Loan Processor a well paid job?
No, our data shows that Residential Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Residential Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Residential Loan Processor?
High salary for Residential Loan Processor would be somewhere between 79,246 SAR and 104,461 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Residential 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: 72,042 SAR
Estimated Monthly Salary: 6,004 SAR
Estimated Weekly Salary: 1,385 SAR per week
Estimated Hourly Salary: 35 SAR per hour
By working as Residential Loan Processor a person can save up to 403 USD per month or 4,838 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 Residential Loan Processor
Jordan is 6,232 USD
Iraq is 3,937 USD
Kuwait is 8,759 USD
Qatar is 46,137 USD
Bahrain is 11,690 USDUnited Arab Emirates is 32,060 USD 77%Details on Residential Loan Processor salary in United Arab Emirates
Oman is 5,918 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:
Automobile service advisor (68,563 SAR per year, pre-tax.)
Glazer (63,079 SAR per year, pre-tax.)
Lobby porter (46,624 SAR per year, pre-tax.)
Human resources (hr), professional (102,428 SAR per year, pre-tax.)
Teacher assistant ii (52,928 SAR per year, pre-tax.)
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