Home > Salary > Turkey > Commercial Loan Processor
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Estimated Yearly Salary: 156,899 TRY
Estimated Monthly Salary: 13,075 TRY
Estimated Weekly Salary: 3,017 TRY per week
Estimated Hourly Salary: 75 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,611 TRY
Estimated Weekly Salary: 2,910 TRY per week
Estimated Hourly Salary: 73 TRY per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,215 USD
Estimated Monthly Salary: 685 USD
Estimated Weekly Salary: 158 USD per week
Estimated Hourly Salary: 4 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: 156,899 TRY
Estimated Monthly Salary: 13,075 TRY
Estimated Weekly Salary: 3,017 TRY per week
Estimated Hourly Salary: 75 TRY per hour
By working as Commercial Loan Processor a person can save up to 261 USD per month or 3,132 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 Turkey, see costs of living in Turkey.
Estimated Yearly Salary for Commercial Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Loan Processor salary in Turkey
Average Yearly Salary of Commercial Loan Processor in Turkey is approximately 156,899 TRY (8,215 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 Commercial Loan Processor do?
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Skills: commercial loan processor, loan application, financial documentation, credit analysis, loan package preparation, regulatory compliance.
Job industry: Banking
Job industry: Banking
How much does Commercial Loan Processor make?
Salary details
How much does Commercial Loan Processor make?Estimated Yearly Salary: 156,899 TRY
Estimated Monthly Salary: 13,075 TRY
Estimated Weekly Salary: 3,017 TRY per week
Estimated Hourly Salary: 75 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 151,335 TRYEstimated Monthly Salary: 12,611 TRY
Estimated Weekly Salary: 2,910 TRY per week
Estimated Hourly Salary: 73 TRY per hour
Last revision of data: 2024-01-05Commercial Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,215 USD
Estimated Monthly Salary: 685 USD
Estimated Weekly Salary: 158 USD per week
Estimated Hourly Salary: 4 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
Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Turkey.
Comparison shows that a person working as Commercial Loan Processor in Turkey earns on average:
0.86 times the average salary (or 86% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Turkey.
Comparison shows that a person working as Commercial Loan Processor in Turkey earns on average:
0.86 times the average salary (or 86% of average salary).
Is Commercial Loan Processor a well paid job?
Yes, our data show that Commercial Loan Processor 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 Commercial Loan Processor?
High salary for Commercial Loan Processor would be somewhere between 172,589 TRY and 227,504 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Loan Processor in Turkey?
Living in Turkey the approximate monthly expenses are: 424 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: 156,899 TRY
Estimated Monthly Salary: 13,075 TRY
Estimated Weekly Salary: 3,017 TRY per week
Estimated Hourly Salary: 75 TRY per hour
By working as Commercial Loan Processor a person can save up to 261 USD per month or 3,132 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 Turkey, see costs of living in Turkey.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Loan Processor
Greece is 16,890 USD
Iran is 6,130 USD
Iraq is 4,675 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 Turkey
(2,099,459 TRY per year, pre-tax.)
2. Cardiologist
(1,754,102 TRY per year, pre-tax.)
(1,691,394 TRY per year, pre-tax.)
(1,640,570 TRY per year, pre-tax.)
5. Neurosurgeon
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
7. Oncologist
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
(1,592,836 TRY per year, pre-tax.)
Data as of 2025Random salary:
Yield analyst (203,103 TRY per year, pre-tax.)
Data center lead (256,595 TRY per year, pre-tax.)
Bridge operator (75,983 TRY per year, pre-tax.)
Director of information systems (388,189 TRY per year, pre-tax.)
Facility electrician (173,817 TRY per year, pre-tax.)
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