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Commercial Lender Salary (United States)

A Commercial Lender earns an average salary of $71,592 per year. Experience has a moderate effect on income for this job. The highest paying skills associated with this job are Business Development and Financial Analysis.
Commercial Lender Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$42,670 - $111,647
(Median)
43K
54K
72K
92K
110K
MEDIAN: $71,591
10%
25%
50%
75%
90%
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Commercial Lender Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.58 - $49.66
(Median)
13
22
37
50
MEDIAN: $22.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$42,670 - $111,647  
   
Bonus
$986 - $19,923  
Profit Sharing
$962 - $7,147  
Commission
$0.00 - $38,783  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$43,104 - $123,503  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 558
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$12.58 - $49.66  
   
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$986 - $19,923  
   
Commission
$0.00 - $38,783  
Profit Sharing
$962 - $7,147  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$43,104 - $123,503  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 10
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Job Description for Commercial Lender

  • Negotiate credit terms, and prepare credit analysis and repayment plan for approvals.
  • Interview, consult, accept, analyze credit of, and perform credit reviews of potential borrowers.
  • Oversee handling of advances, payments, and wire transfers.
  • Develop, maintain, and grow the commercial loan portfolio of private loan companies, government agencies, and non-profit organizations.
  • Solicit new business by developing marketing strategies.

Loan Officer, Commercial Job Listings

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Popular Skills for Commercial Lender

Pay by Experience Level for Commercial Lender

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Wilmington
up arrow 20%
Houston
up arrow 12%
New Orleans
up arrow 12%
Denver
up arrow 4%
National Average
$77,000
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Commercial Lender Salaries

National Average
$77,000

Skills That Affect Commercial Lender Salaries

up arrow 8%
National Average
$77,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 190 votes.

Gender

Female
20%
female alumni
 
Male
80%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
21%
5-9 years
29%
10-19 years
27%
20 years or more
19%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 78%
vision benefits Vision: 54% employee benefits None: 7%