Average Commercial Loan Processor Hourly Pay

$20.65
Avg. Base Hourly Rate (USD)
10%
$15.85
MEDIAN
$20.65
90%
$27.40

The average hourly pay for a Commercial Loan Processor is $20.65 in 2024

Hourly Rate
$16 - $27
Bonus
$530 - $4k
Profit Sharing
$15 - $5k
Total Pay
$35k - $66k
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What Do Commercial Loan Processors Do?

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How do Commercial Loan Processors Rate Their Jobs?

3.8 out of 5
(35)
Highly Satisfied
5Reviews
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FAQs About Commercial Loan Processors

What is the highest pay for Commercial Loan Processors?

Our data indicates that the highest pay for a Commercial Loan Processor is $27.40 / hour

What is the lowest pay for Commercial Loan Processors?

Our data indicates that the lowest pay for a Commercial Loan Processor is $15.85 / hour

How can Commercial Loan Processors increase their salary?

Increasing your pay as a Commercial Loan Processor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Commercial Loan Processor that oversees more junior Commercial Loan Processors, this experience can increase the likelihood to earn more.