Home > Salary > Singapore > Bilingual Loan Processor
A bilingual loan processor is responsible for facilitating the loan application process for clients who speak multiple languages. They play a crucial role in assisting borrowers with completing loan applications, gathering necessary documentation, and ensuring all information is accurate and complete. Additionally, they may communicate with lenders, underwriters, and clients to address any questions or concerns that may arise during the loan approval process.
This occupation requires strong communication skills in both languages, as well as excellent attention to detail and organizational abilities. Bilingual loan processors must be knowledgeable about loan products and regulations, and they should have the ability to explain complex financial concepts to clients in a clear and understandable manner. They must also be proficient in using loan processing software and other relevant tools.
Estimated Yearly Salary: 66,962 SGD
Estimated Monthly Salary: 5,580 SGD
Estimated Weekly Salary: 1,288 SGD per week
Estimated Hourly Salary: 32 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,372 SGD
Estimated Weekly Salary: 1,240 SGD per week
Estimated Hourly Salary: 31 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 33,321 USD
Estimated Monthly Salary: 2,777 USD
Estimated Weekly Salary: 641 USD per week
Estimated Hourly Salary: 16 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: 66,962 SGD
Estimated Monthly Salary: 5,580 SGD
Estimated Weekly Salary: 1,288 SGD per week
Estimated Hourly Salary: 32 SGD per hour
By working as Bilingual Loan Processor a person can save up to 89 USD per month or 1,065 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Bilingual Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Bilingual Loan Processor salary in Singapore
Average Yearly Salary of Bilingual Loan Processor in Singapore is approximately 66,962 SGD (33,321 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 Bilingual Loan Processor do?
A bilingual loan processor is responsible for facilitating the loan application process for clients who speak multiple languages. They play a crucial role in assisting borrowers with completing loan applications, gathering necessary documentation, and ensuring all information is accurate and complete. Additionally, they may communicate with lenders, underwriters, and clients to address any questions or concerns that may arise during the loan approval process.
This occupation requires strong communication skills in both languages, as well as excellent attention to detail and organizational abilities. Bilingual loan processors must be knowledgeable about loan products and regulations, and they should have the ability to explain complex financial concepts to clients in a clear and understandable manner. They must also be proficient in using loan processing software and other relevant tools.
Skills: bilingual loan processor, loan processing, loan application, client services, multilingual communication, financial services
Job industry: Finance
Job industry: Finance
How much does Bilingual Loan Processor make?
Salary details
How much does Bilingual Loan Processor make?Estimated Yearly Salary: 66,962 SGD
Estimated Monthly Salary: 5,580 SGD
Estimated Weekly Salary: 1,288 SGD per week
Estimated Hourly Salary: 32 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 64,458 SGDEstimated Monthly Salary: 5,372 SGD
Estimated Weekly Salary: 1,240 SGD per week
Estimated Hourly Salary: 31 SGD per hour
Last revision of data: 2024-01-03Bilingual Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 33,321 USD
Estimated Monthly Salary: 2,777 USD
Estimated Weekly Salary: 641 USD per week
Estimated Hourly Salary: 16 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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Bilingual Loan Processor job salary compared to average salary in Singapore.
Comparison shows that a person working as Bilingual Loan Processor in Singapore earns on average:
0.7 times the average salary (or 70% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Bilingual Loan Processor job salary compared to average salary in Singapore.
Comparison shows that a person working as Bilingual Loan Processor in Singapore earns on average:
0.7 times the average salary (or 70% of average salary).
Is Bilingual Loan Processor a well paid job?
No, our data shows that Bilingual Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bilingual Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Bilingual Loan Processor?
High salary for Bilingual Loan Processor would be somewhere between 73,658 SGD and 97,095 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Bilingual Loan Processor in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 66,962 SGD
Estimated Monthly Salary: 5,580 SGD
Estimated Weekly Salary: 1,288 SGD per week
Estimated Hourly Salary: 32 SGD per hour
By working as Bilingual Loan Processor a person can save up to 89 USD per month or 1,065 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bilingual Loan Processor
Malaysia is 8,799 USD
Indonesia is 5,236 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 Singapore
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Data as of 2025Random salary:
Rehabilitation aide (39,609 SGD per year, pre-tax.)
Respiratory care practitioner (171,277 SGD per year, pre-tax.)
Trader derivatives (147,481 SGD per year, pre-tax.)
Quality improvement coordinator (92,516 SGD per year, pre-tax.)
3d graphic artist (42,980 SGD per year, pre-tax.)
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All salary figures on this website are for informational purposes only. We gather data from various trusted databases, yet do not ensure complete accuracy. Before making financial decisions, visitors should consult external authoritative sources. Salaries fluctuate due to several factors, including economic conditions, job market trends, and geographic location. We deny any liability for errors in the salary information provided here. Your engagement with this website constitutes agreement of this disclaimer.
All salary data on this website are for informational purposes exclusively. We compile data from various reliable databases, yet cannot ensure complete precision. Before making career choices, visitors should consult external verified sources. Salaries fluctuate due to several factors, including negotiation skills, industry demand, and experience levels. We deny any liability for errors in the salary information provided here. Your engagement with this website constitutes agreement of this policy.