Home > Salary > Uganda > Loss Mitigation Specialist
A loss mitigation specialist is an individual who works in the financial industry, specifically in the field of mortgage loans. Their primary responsibility is to assess and manage the risk associated with delinquent or defaulted loans. They work closely with borrowers who are facing financial difficulties to find viable solutions that will help them avoid foreclosure. This involves reviewing financial documents, analyzing loan terms, negotiating with borrowers, and recommending appropriate alternatives such as loan modifications, repayment plans, or short sales.
Estimated Yearly Salary: 3,430,121 UGX
Estimated Monthly Salary: 285,843 UGX
Estimated Weekly Salary: 65,964 UGX per week
Estimated Hourly Salary: 1,649 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 275,400 UGX
Estimated Weekly Salary: 63,554 UGX per week
Estimated Hourly Salary: 1,589 UGX per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 872 USD
Estimated Monthly Salary: 73 USD
Estimated Weekly Salary: 17 USD per week
Estimated Hourly Salary: 0 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: 3,430,121 UGX
Estimated Monthly Salary: 285,843 UGX
Estimated Weekly Salary: 65,964 UGX per week
Estimated Hourly Salary: 1,649 UGX per hour
By working as Loss Mitigation Specialist a person can save up to 23 USD per month or 272 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 Uganda, see costs of living in Uganda.
Estimated Yearly Salary for Loss Mitigation Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Applications and support engineer (6,715,187 UGX per year, pre-tax.)
Health planner (5,295,278 UGX per year, pre-tax.)
Cinematographer (7,141,486 UGX per year, pre-tax.)
Environmental health safety (ehs), supervisor (6,515,154 UGX per year, pre-tax.)
Building information modeling (bim), coordinator (5,807,835 UGX per year, pre-tax.)
Loss Mitigation Specialist salary in Uganda
Average Yearly Salary of Loss Mitigation Specialist in Uganda is approximately 3,430,121 UGX (872 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 Loss Mitigation Specialist do?
A loss mitigation specialist is an individual who works in the financial industry, specifically in the field of mortgage loans. Their primary responsibility is to assess and manage the risk associated with delinquent or defaulted loans. They work closely with borrowers who are facing financial difficulties to find viable solutions that will help them avoid foreclosure. This involves reviewing financial documents, analyzing loan terms, negotiating with borrowers, and recommending appropriate alternatives such as loan modifications, repayment plans, or short sales.
Skills: Loss mitigation specialist, Mortgage industry, Risk management, Loan modification, Foreclosure prevention, Financial analysis
Job industry: Finance
Job industry: Finance
How much does Loss Mitigation Specialist make?
Salary details
How much does Loss Mitigation Specialist make?Estimated Yearly Salary: 3,430,121 UGX
Estimated Monthly Salary: 285,843 UGX
Estimated Weekly Salary: 65,964 UGX per week
Estimated Hourly Salary: 1,649 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,304,795 UGXEstimated Monthly Salary: 275,400 UGX
Estimated Weekly Salary: 63,554 UGX per week
Estimated Hourly Salary: 1,589 UGX per hour
Last revision of data: 2024-01-03Loss Mitigation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 872 USD
Estimated Monthly Salary: 73 USD
Estimated Weekly Salary: 17 USD per week
Estimated Hourly Salary: 0 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
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Loss Mitigation Specialist job salary compared to average salary in Uganda.
Comparison shows that a person working as Loss Mitigation Specialist in Uganda earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Loss Mitigation Specialist job salary compared to average salary in Uganda.
Comparison shows that a person working as Loss Mitigation Specialist in Uganda earns on average:
0.76 times the average salary (or 76% of average salary).
Is Loss Mitigation Specialist a well paid job?
No, our data shows that Loss Mitigation Specialist is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loss Mitigation Specialist might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loss Mitigation Specialist?
High salary for Loss Mitigation Specialist would be somewhere between 3,773,133 UGX and 4,973,675 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Loss Mitigation Specialist in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 3,430,121 UGX
Estimated Monthly Salary: 285,843 UGX
Estimated Weekly Salary: 65,964 UGX per week
Estimated Hourly Salary: 1,649 UGX per hour
By working as Loss Mitigation Specialist a person can save up to 23 USD per month or 272 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loss Mitigation Specialist
Kenya is 4,204 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Applications and support engineer (6,715,187 UGX per year, pre-tax.)
Health planner (5,295,278 UGX per year, pre-tax.)
Cinematographer (7,141,486 UGX per year, pre-tax.)
Environmental health safety (ehs), supervisor (6,515,154 UGX per year, pre-tax.)
Building information modeling (bim), coordinator (5,807,835 UGX per year, pre-tax.)
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