Home > Salary > Singapore > Mortgage Loan Officer
A mortgage loan officer is a financial professional who specializes in helping individuals and businesses secure loans for purchasing or refinancing real estate properties. They work closely with clients to understand their financial needs and goals, assess their creditworthiness, and provide guidance on available loan options. Mortgage loan officers are responsible for evaluating loan applications, gathering necessary documentation, and presenting loan proposals to lenders. They play a crucial role in educating borrowers about the terms and conditions of the loan, including interest rates, repayment plans, and potential risks. Additionally, they must stay up-to-date with industry regulations and market trends to provide accurate and relevant advice to clients. The occupation of a mortgage loan officer requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the lending process.
Estimated Yearly Salary: 133,378 SGD
Estimated Monthly Salary: 11,115 SGD
Estimated Weekly Salary: 2,565 SGD per week
Estimated Hourly Salary: 64 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,743 SGD
Estimated Weekly Salary: 2,479 SGD per week
Estimated Hourly Salary: 62 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 66,964 USD
Estimated Monthly Salary: 5,580 USD
Estimated Weekly Salary: 1,288 USD per week
Estimated Hourly Salary: 32 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: 133,378 SGD
Estimated Monthly Salary: 11,115 SGD
Estimated Weekly Salary: 2,565 SGD per week
Estimated Hourly Salary: 64 SGD per hour
By working as Mortgage Loan Officer a person can save up to 2,892 USD per month or 34,708 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 Mortgage Loan Officer
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Officer salary in Singapore
Average Yearly Salary of Mortgage Loan Officer in Singapore is approximately 133,378 SGD (66,964 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 Mortgage Loan Officer do?
A mortgage loan officer is a financial professional who specializes in helping individuals and businesses secure loans for purchasing or refinancing real estate properties. They work closely with clients to understand their financial needs and goals, assess their creditworthiness, and provide guidance on available loan options. Mortgage loan officers are responsible for evaluating loan applications, gathering necessary documentation, and presenting loan proposals to lenders. They play a crucial role in educating borrowers about the terms and conditions of the loan, including interest rates, repayment plans, and potential risks. Additionally, they must stay up-to-date with industry regulations and market trends to provide accurate and relevant advice to clients. The occupation of a mortgage loan officer requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the lending process.
Skills: mortgage loan officer, finance, real estate, lending, financial advisor, mortgage broker.
Job industry: Finance
Job industry: Finance
How much does Mortgage Loan Officer make?
Salary details
How much does Mortgage Loan Officer make?Estimated Yearly Salary: 133,378 SGD
Estimated Monthly Salary: 11,115 SGD
Estimated Weekly Salary: 2,565 SGD per week
Estimated Hourly Salary: 64 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 128,916 SGDEstimated Monthly Salary: 10,743 SGD
Estimated Weekly Salary: 2,479 SGD per week
Estimated Hourly Salary: 62 SGD per hour
Last revision of data: 2024-01-03Mortgage Loan Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 66,964 USD
Estimated Monthly Salary: 5,580 USD
Estimated Weekly Salary: 1,288 USD per week
Estimated Hourly Salary: 32 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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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 Mortgage Loan Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Mortgage Loan Officer in Singapore earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Mortgage Loan Officer in Singapore earns on average:
1.4 times the average salary (or 140% of average salary).
Is Mortgage Loan Officer a well paid job?
Yes, our data shows that Mortgage Loan Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mortgage Loan Officer?
High salary for Mortgage Loan Officer would be somewhere between 146,716 SGD and 193,398 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Officer 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: 133,378 SGD
Estimated Monthly Salary: 11,115 SGD
Estimated Weekly Salary: 2,565 SGD per week
Estimated Hourly Salary: 64 SGD per hour
By working as Mortgage Loan Officer a person can save up to 2,892 USD per month or 34,708 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 Mortgage Loan Officer
Malaysia is 17,598 USD
Indonesia is 10,509 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
(1,400,313 SGD per year, pre-tax.)
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5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Pastry sous chef (68,263 SGD per year, pre-tax.)
Produce supervisor (83,594 SGD per year, pre-tax.)
Army 1st sergeant airborne (130,626 SGD per year, pre-tax.)
Rail yard engineer dinkey operator or hostler (65,810 SGD per year, pre-tax.)
Business specialist logistics inventory distribution transportation (55,319 SGD per year, pre-tax.)
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