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A mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.
Estimated Yearly Salary: 196,970 TRY
Estimated Monthly Salary: 16,414 TRY
Estimated Weekly Salary: 3,788 TRY per week
Estimated Hourly Salary: 95 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,900 TRY
Estimated Weekly Salary: 3,669 TRY per week
Estimated Hourly Salary: 92 TRY per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 10,385 USD
Estimated Monthly Salary: 865 USD
Estimated Weekly Salary: 200 USD per week
Estimated Hourly Salary: 5 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: 196,970 TRY
Estimated Monthly Salary: 16,414 TRY
Estimated Weekly Salary: 3,788 TRY per week
Estimated Hourly Salary: 95 TRY per hour
By working as Mortgage Banker a person can save up to 442 USD per month or 5,302 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 Mortgage Banker
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Banker salary in Turkey
Average Yearly Salary of Mortgage Banker in Turkey is approximately 196,970 TRY (10,385 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 Banker do?
A mortgage banker is a professional who specializes in providing loans for individuals or businesses to purchase or refinance real estate properties. They work with clients to assess their financial situation, evaluate loan options, and guide them through the mortgage application process. Mortgage bankers analyze credit histories, income, and property values to determine the feasibility of granting a loan. They also collaborate with underwriters, appraisers, and title companies to ensure all necessary documentation is in order. Mortgage bankers must stay updated on current lending regulations and market trends to offer the best advice to their clients. They may work for banks, credit unions, or mortgage companies, and are responsible for building and maintaining relationships with clients. This occupation requires strong communication and negotiation skills, attention to detail, and a thorough understanding of the mortgage industry.
Skills: Mortgage banker, Loan specialist, Real estate financing, Mortgage application, Financial analysis, Client relationship management
Job industry: Finance
Job industry: Finance
How much does Mortgage Banker make?
Salary details
How much does Mortgage Banker make?Estimated Yearly Salary: 196,970 TRY
Estimated Monthly Salary: 16,414 TRY
Estimated Weekly Salary: 3,788 TRY per week
Estimated Hourly Salary: 95 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 190,798 TRYEstimated Monthly Salary: 15,900 TRY
Estimated Weekly Salary: 3,669 TRY per week
Estimated Hourly Salary: 92 TRY per hour
Last revision of data: 2024-01-03Mortgage Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,385 USD
Estimated Monthly Salary: 865 USD
Estimated Weekly Salary: 200 USD per week
Estimated Hourly Salary: 5 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
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 Mortgage Banker job salary compared to average salary in Turkey.
Comparison shows that a person working as Mortgage Banker in Turkey earns on average:
1.08 times the average salary (or 108% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Banker job salary compared to average salary in Turkey.
Comparison shows that a person working as Mortgage Banker in Turkey earns on average:
1.08 times the average salary (or 108% of average salary).
Is Mortgage Banker a well paid job?
Yes, our data show that Mortgage Banker 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 Mortgage Banker?
High salary for Mortgage Banker would be somewhere between 216,667 TRY and 285,607 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Banker 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: 196,970 TRY
Estimated Monthly Salary: 16,414 TRY
Estimated Weekly Salary: 3,788 TRY per week
Estimated Hourly Salary: 95 TRY per hour
By working as Mortgage Banker a person can save up to 442 USD per month or 5,302 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 Mortgage Banker
Greece is 21,291 USD
Iran is 7,774 USD
Iraq is 5,881 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:
Community support worker (100,644 TRY per year, pre-tax.)
Project engineer automotive (203,705 TRY per year, pre-tax.)
Video services manager (169,767 TRY per year, pre-tax.)
Special procedures radiology technologist (257,154 TRY per year, pre-tax.)
Assistant professor of computer science (197,248 TRY per year, pre-tax.)
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