Average Mortgage Processing Manager Salary in Muscat, Oman for 2026

In this article, we will look at the average Mortgage Processing Manager salary for 2026 in Muscat and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Omani rial. To keep things simple, we are using the OMR currency code instead of the currency symbol ر.ع..

How Much Does a Mortgage Processing Manager Make in Muscat?

A Mortgage Processing Manager working in Muscat will typically earn around 26,660 OMR per year, and this can range from the lowest average salary of about 13,700 OMR to the highest average salary of 45,060 OMR.

Average Annual Salary26,660 OMR
Average Monthly Salary2,221 OMR
Average Lowest Salary13,700 OMR
Lowest Monthly Salary1,141 OMR
Average Highest Salary45,060 OMR
Highest Monthly Salary3,755 OMR

These are average salaries for a Mortgage Processing Manager in Muscat and include benefits such as housing and transport. It's also possible for a Mortgage Processing Manager to earn more or less than the average salaries shown above.

Mortgage Processing Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Mortgage Processing Manager Salaries in Muscat

So we've looked at the average salaries a Mortgage Processing Manager will earn in Muscat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Mortgage Processing Manager can earn between 13,700 OMR and 45,060 OMR on average in Muscat. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Mortgage Processing Manager in Muscat is 29,320 OMR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 29,320 OMR, and 50% of the population earn more than 29,320 OMR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Mortgage Processing Manager salary in Muscat, 25% of the population are earning less than 19,360 OMR while 75% of the population earn more than 19,360 OMR.

75% of the population earn less than 37,880 OMR, and 25% of the population earn more than 37,880 OMR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Mortgage Processing Manager Salary by Experience Level in Muscat

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Mortgage Processing Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Mortgage Processing Manager in Muscat that has less than two years of experience can expect to earn somewhere in the region of 12,580 OMR.
  • 2 - 5 Years Experience. With two to five years of experience the average Mortgage Processing Manager salary would increase to 18,280 OMR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Mortgage Processing Manager, the average salary would be 26,400 OMR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 35,340 OMR.
  • 15 - 20 Years Experience. A Mortgage Processing Manager with 15 to 20 years of experience can earn an average of 37,740 OMR.
  • 20+ Years Experience. For a Mortgage Processing Manager with more than 20 years, the expected average salary increases to 41,660 OMR.

Average Salary by Experience Chart

0-2 Years-
12,580 OMR
2-5 Years+34%
18,280 OMR
5-10 Years+48%
26,400 OMR
10-15 Years+22%
35,340 OMR
15-20 Years+9%
37,740 OMR
20+ Years+8%
41,660 OMR

Mortgage Processing Manager Salary by Education Level in Muscat

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Mortgage Processing Manager in Muscat based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Mortgage Processing Manager in Muscat with a bachelor's degree education can earn an average salary of 18,260 OMR.
  • Master's Degree. A Mortgage Processing Manager in Muscat with a master's degree education can earn an average salary of 33,440 OMR.

Average Salary by Education Chart

Bachelor's Degree-
18,260 OMR
Master's Degree+93%
33,440 OMR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Oman is around 8,850 to 26,500 OMR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Mortgage Processing Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Muscat, a male mortgage processing manager will earn an average of 26,400 OMR, while a female mortgage processing manager will earn around 22,340 OMR.

This means that a male mortgage processing manager earns approximately 18% more than a female mortgage processing manager for performing the same job.

Average Salary by Gender Chart in Muscat

Male-
26,400 OMR
Female-18%
22,340 OMR

Mortgage Processing Manager Average Pay Raise in Muscat

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Mortgage Processing Manager in Muscat is around 11% every 18 months.

The national average pay raise across all professions and industries in Oman is around 7% every 19 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 18 ) × 12  = 7%

What this means is that a Mortgage Processing Manager in Muscat can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Muscat for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Oman.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Mortgage Processing Manager Bonus and Incentive Rates in Muscat

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Mortgage Processing Manager is a high bonus based job, with 82% of employees reporting at least one bonus in the last 12 months.

18% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus-
82%
No Bonus-
18%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Oman earn approximately 5% less than private sector employees in the same role.

Public Sector-
19,940 OMR
Private Sector+5%
21,100 OMR

Salaries for Jobs Similar to a Mortgage Processing Manager

In the table below, we have salary information for jobs that are similar to a Mortgage Processing Manager in Muscat.

Job TitleCategorySalary
AML AnalystBanking31,960 OMR
ATM ManagerBanking31,940 OMR
ATM Service TechnicianBanking8,960 OMR
Assistant Bank Branch ManagerBanking26,280 OMR
Assistant Bank ManagerBanking36,700 OMR
Bank Accounts AnalystBanking13,060 OMR
Bank Accounts CollectorBanking6,280 OMR
Bank Accounts ControllerBanking15,880 OMR
Bank Accounts ExecutiveBanking22,340 OMR
Bank Accounts ManagerBanking27,300 OMR
Bank Auditing ManagerBanking26,280 OMR
Bank Branch ManagerBanking35,000 OMR
Bank Branch Operations CoordinatorBanking15,300 OMR
Bank ClerkBanking6,200 OMR
Bank Client Service AssociateBanking9,740 OMR
Bank CollectorBanking5,960 OMR
Bank Compliance SpecialistBanking19,360 OMR
Bank ManagerBanking45,060 OMR
Bank Operational Risk ManagerBanking41,480 OMR
Bank Operations HeadBanking41,820 OMR
Bank Operations OfficerBanking15,300 OMR
Bank Operations SpecialistBanking25,160 OMR
Bank Process ManagerBanking23,360 OMR
Bank Product Manager Banking30,800 OMR
Bank Programme ManagerBanking31,400 OMR
Bank Project ManagerBanking37,620 OMR
Bank Propositions ManagerBanking31,980 OMR
Bank Quantitative AnalystBanking21,980 OMR
Bank Regional ManagerBanking45,200 OMR
Bank Regional Risk OfficerBanking23,660 OMR
Bank Relationship ManagerBanking35,300 OMR
Bank Relationship OfficerBanking14,540 OMR
Bank TellerBanking5,960 OMR
BankerBanking17,620 OMR
Banking Business AnalystBanking22,660 OMR
Banking Business Development OfficerBanking14,920 OMR
Banking Business Planning ExecutiveBanking33,440 OMR
Banking Product ManagerBanking26,400 OMR
Banking Reference Data ManagerBanking23,700 OMR
Banking Risk AnalystBanking24,820 OMR
Banking Technical AnalystBanking12,620 OMR
Bankruptcy CoordinatorBanking18,260 OMR
Bill and Account CollectorBanking10,100 OMR
Budget AnalystBanking22,420 OMR
Capital Risk ManagerBanking45,600 OMR
Cards Marketing ManagerBanking30,840 OMR
Cash Management ManagerBanking40,420 OMR
Check Processing ManagerBanking31,940 OMR
Commercial Vault AssociateBanking23,520 OMR
Corporate BankerBanking16,880 OMR
Corporate DealerBanking22,420 OMR
Credit AnalystBanking19,640 OMR
Credit Card Fraud InvestigatorBanking20,760 OMR
Credit Portfolio ManagerBanking40,600 OMR
Credit Risk AnalystBanking23,360 OMR
Credit Risk AssociateBanking23,480 OMR
Credit and Collections ManagerBanking31,400 OMR
Direct Bank Sales RepresentativeBanking17,540 OMR
Exchange Control ConsultantBanking25,680 OMR
Executive Account AnalystBanking22,660 OMR
Financial Bank Planning ConsultantBanking32,020 OMR
Financial Banking Analysis ManagerBanking34,360 OMR
Financial Banking AssistantBanking10,220 OMR
Financial Banking Systems ManagerBanking29,640 OMR
Foreign Exchange ManagerBanking35,340 OMR
Fraud AnalystBanking25,940 OMR
Fraud Detection AssociateBanking17,540 OMR
Fraud Detection ManagerBanking36,940 OMR
Fraud Detection SupervisorBanking18,280 OMR
Internal Bank Audit ManagerBanking42,320 OMR
Internal Bank AuditorBanking22,660 OMR
Internal Private BankerBanking16,400 OMR
International Banking ManagerBanking45,580 OMR
Investment Banking AnalystBanking35,500 OMR
Loan AnalystBanking21,980 OMR
Loan Area ManagerBanking27,020 OMR
Loan Audit Team LeaderBanking26,500 OMR
Loan Branch ManagerBanking24,200 OMR
Loan Business Development OfficerBanking14,540 OMR
Loan ClerkBanking10,100 OMR
Loan Collection ManagerBanking29,040 OMR
Loan Collection and Recovery ManagerBanking26,080 OMR
Loan CollectorBanking6,280 OMR
Loan ExaminerBanking9,140 OMR
Loan OfficerBanking7,800 OMR
Loan Processing ManagerBanking24,200 OMR
Loan ProcessorBanking12,020 OMR
Loan Quality Assurance AuditorBanking22,540 OMR
Loan Quality Assurance ManagerBanking25,440 OMR
Loan Quality Assurance RepresentativeBanking16,340 OMR
Loan Review ManagerBanking25,940 OMR
Loan Team LeaderBanking22,340 OMR
Loans ManagerBanking29,160 OMR
Mortgage AdvisorBanking14,820 OMR
Mortgage Collection ManagerBanking26,280 OMR
Mortgage CollectorBanking5,960 OMR
Mortgage Credit AnalystBanking12,180 OMR
Mortgage Credit ManagerBanking25,720 OMR
Mortgage Development ManagerBanking30,800 OMR
Mortgage Document ReviewerBanking8,100 OMR
Mortgage Funding ManagerBanking31,080 OMR
Mortgage Operations ManagerBanking41,180 OMR
Mortgage Payment Processing ClerkBanking9,360 OMR
Mortgage ProcessorBanking9,140 OMR
Mortgage Quality Assurance AuditorBanking19,940 OMR
Mortgage Quality Assurance ManagerBanking25,440 OMR
Mortgage Servicing ClerkBanking6,440 OMR
Mortgage Servicing ManagerBanking26,020 OMR
Mortgage UnderwriterBanking8,100 OMR
Online Banking ManagerBanking40,140 OMR
Payment Processing ClerkBanking10,100 OMR
Personal BankerBanking15,760 OMR
Personal Banking Advisor Banking17,560 OMR
Phone BankerBanking12,300 OMR
Private BankerBanking18,260 OMR
Reconciliation and Investigation SpecialistBanking20,300 OMR
Tax OfficerBanking12,620 OMR
TellerBanking6,280 OMR
Trade OfficerBanking8,560 OMR
Trade Product ManagerBanking24,720 OMR
TraderBanking12,520 OMR
Treasury Operations OfficerBanking21,020 OMR

Salary Comparison by City

If you want to compare salaries with different cities in Oman, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Salalah28,720 OMR

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