Commercial Loan Processor with Loan Documents Skills Salary

A Commercial Loan Processor with Loan Documents skills earns an average wage of $18.74 per hour. Experience has a moderate effect on salary for this job.

$31,999 - $66,277
$32K
$43K
$66K
MEDIAN: $43,135
10%
50%
90%

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$12.03 - $24.68
$12
$19
$25
MEDIAN: $18.85
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$31,999 - $66,277  
   
Bonus
$2,023  
Commission
$19,500  
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).
)
$26,113 - $63,907  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 25
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$12.03 - $24.68  
   
Overtime
$22.97  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$2,023  
   
Commission
$19,500  
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).
)
$26,113 - $63,907  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 35

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Pay by Experience Level for Commercial Loan Processor

Pay by Experience for a Commercial Loan Processor has a positive trend. An entry-level Commercial Loan Processor with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 25 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Loan Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $42,000 based on 10 salaries. An experienced Commercial Loan Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $48,000 based on 12 salaries. A Commercial Loan Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $65,000 based on 6 salaries.

Key Stats for Commercial Loan Processor

Gender

Female
78 %
Male
22 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
Less than 1 year
2%
1-4 years
38%
5-9 years
23%
10-19 years
27%
20 years or more
10%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Loan Processor Salaries

Late-Career
▲54%

Experienced
▲14%

Mid-Career
▼0%

National Average
$42,000

Entry-Level
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
2%
1-4 years
38%
5-9 years
23%
10-19 years
27%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 75%
vision benefits
Vision: 61%
no benefits
None: 18%
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