Commercial Loan Processor with Loan Processing Skills Salary

The average rate for a Commercial Loan Processor with Loan Processing skills is $18.27 per hour. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on income for this job.

$30,833 - $64,783
$31K
$49K
$65K
MEDIAN: $49,382
10%
50%
90%

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$12.91 - $24.69
$13
$18
$25
MEDIAN: $18.27
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$22K$44K$66K
Salary
$30,833 - $64,783  
   
Bonus
$618 - $14,544  
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).
)
$28,813 - $63,074  
Country: United States | Currency: USD | Updated: 18 Jan 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$12$24$36
Hourly Rate
$12.91 - $24.69  
   
Overtime
$1.55 - $33.87  
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$24K$48K$72K
Bonus
$618 - $14,544  
   
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).
)
$28,813 - $63,074  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 41

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Key Stats for Commercial Loan Processor

Gender

Female
82 %
Male
18 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.
Less than 1 year
2%
1-4 years
41%
5-9 years
20%
10-19 years
30%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Loan Processor Salaries

Experienced
▲13%

Mid-Career
▲2%

National Average
$42,000

Entry-Level
▼18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
2%
1-4 years
41%
5-9 years
20%
10-19 years
30%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 75%
vision benefits
Vision: 64%
dental benefits
None: 15%
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