Commercial Loan Processors with Commercial Loans skills take home approximately $17.22 per hour on average. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The majority of Commercial Loan Processors with Commercial Loans skills claim high levels of job satisfaction. Female Commercial Loan Processors with Commercial Loans skills far outnumber their male contemporaries among survey respondents. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$32,632 - $60,156
$33K
$47K
$60K
MEDIAN: $47,168
10%
50%
90%

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$12.69 - $22.59
$13
$17
$23
MEDIAN: $17.00
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$21K$42K$63K
Salary
$32,632 - $60,156  
   
Bonus
$493.16 - $6,893  
Profit Sharing
$1,185  
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).
)
$29,056 - $58,912  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 55
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$13$26$39
Hourly Rate
$12.69 - $22.59  
   
Overtime
$19.07 - $36.60  
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$26K$52K$78K
Bonus
$493.16 - $6,893  
   
Profit Sharing
$1,185  
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).
)
$29,056 - $58,912  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 67

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Pay by Experience Level for Commercial Loan Processor

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


For many Commercial Loan Processors with Commercial Loans skills, more experience generally translates to higher pay. Folks with fewer than five years of experience take home $36K on average, and those who have worked for five to 10 years see a bigger median salary of $41K. People with 10 to 20 years of experience make an average of about $43K in this role. Seasoned veterans with 20 years under their belts enjoy a median income of $55K.

Key Stats for Commercial Loan Processor

Gender

Female
85 %
Male
15 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 23 votes.
Less than 1 year
2%
1-4 years
35%
5-9 years
21%
10-19 years
28%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Loan Processor Salaries

Late-Career
up arrow 33%

Experienced
up arrow 4%

National Average
$41,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 23 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
21%
10-19 years
28%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 74%
vision benefits
Vision: 66%
dental benefits
None: 12%
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