A person working as a Loan Processor in United Arab Emirates will on average earn $34111 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $34,111.00 |
| Weekly salary | $655.98 |
| Daily salary | $93.45 |
| Hourly salary | $11.68 |
This means loan processor salary is below average!
Job Industry: finance
Description: A loan processor is responsible for reviewing and verifying loan applications and supporting documents, ensuring that all necessary information is complete and accurate. They work closely with borrowers, lenders, and underwriters to gather required documentation, such as income statements, credit reports, and property appraisals. Loan processors evaluate applicants' financial status and creditworthiness, ensuring that they meet the lender's criteria for loan approval. They also calculate debt-to-income ratios and review loan terms and conditions to ensure compliance with regulations.
Tagged with: loan processing, financial services, mortgage industry, loan documentation, credit analysis, customer service