Home > Salary > Turkey > 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: 131,757 TRY
Estimated Monthly Salary: 10,980 TRY
Estimated Weekly Salary: 2,534 TRY per week
Estimated Hourly Salary: 63 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,600 TRY
Estimated Weekly Salary: 2,446 TRY per week
Estimated Hourly Salary: 61 TRY per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 6,911 USD
Estimated Monthly Salary: 576 USD
Estimated Weekly Salary: 133 USD per week
Estimated Hourly Salary: 3 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: 131,757 TRY
Estimated Monthly Salary: 10,980 TRY
Estimated Weekly Salary: 2,534 TRY per week
Estimated Hourly Salary: 63 TRY per hour
By working as Residential Loan Processor a person can save up to 152 USD per month or 1,828 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 Residential Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Residential Loan Processor salary in Turkey
Average Yearly Salary of Residential Loan Processor in Turkey is approximately 131,757 TRY (6,911 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: 131,757 TRY
Estimated Monthly Salary: 10,980 TRY
Estimated Weekly Salary: 2,534 TRY per week
Estimated Hourly Salary: 63 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 127,205 TRYEstimated Monthly Salary: 10,600 TRY
Estimated Weekly Salary: 2,446 TRY per week
Estimated Hourly Salary: 61 TRY per hour
Last revision of data: 2024-01-02Residential Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,911 USD
Estimated Monthly Salary: 576 USD
Estimated Weekly Salary: 133 USD per week
Estimated Hourly Salary: 3 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 Residential Loan Processor job salary compared to average salary in Turkey.
Comparison shows that a person working as Residential Loan Processor in Turkey earns on average:
0.72 times the average salary (or 72% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Residential Loan Processor job salary compared to average salary in Turkey.
Comparison shows that a person working as Residential Loan Processor in Turkey earns on average:
0.72 times the average salary (or 72% 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 144,933 TRY and 191,048 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Residential 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: 131,757 TRY
Estimated Monthly Salary: 10,980 TRY
Estimated Weekly Salary: 2,534 TRY per week
Estimated Hourly Salary: 63 TRY per hour
By working as Residential Loan Processor a person can save up to 152 USD per month or 1,828 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 Residential Loan Processor
Greece is 14,245 USD
Iran is 5,184 USD
Iraq is 3,937 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:
Plant personnel manager (201,780 TRY per year, pre-tax.)
Cardiopulmonary technician (131,735 TRY per year, pre-tax.)
Meat poultry fish cutter trimmer (106,952 TRY per year, pre-tax.)
Sports reporter (124,419 TRY per year, pre-tax.)
Yarding engineer logging (106,629 TRY per year, pre-tax.)
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