Commercial Loan Processor with Commercial Loans Skills Salary

The median total income of Commercial Loan Processors with Commercial Loans skills is around $43K, and for the average worker in this area, a good chunk of that (slightly less than one-half, in fact) comes from commissions. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Job satisfaction for Commercial Loan Processors with Commercial Loans skills is high. The vast majority of Commercial Loan Processors with Commercial Loans skills (86 percent) who responded to the survey are women.

$34,619 - $64,838
$35K
$50K
$65K
MEDIAN: $50,001
10%
50%
90%

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$13.05 - $24.39
$13
$18
$24
MEDIAN: $17.78
10%
50%
90%

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$0$64K
Salary $34,619 - $64,838
Bonus $700 - $5,900
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).
)
$30,516 - $62,140
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 55
Hourly Data $0$45
Hourly Rate $13.05 - $24.39
Overtime $19.28 - $45.00
Annual Data $0$62K
Bonus $700 - $5,900
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).
)
$30,516 - $62,140
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 71

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United States (change)

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Commercial Loan Processor Job Listings

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 57 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 29 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 $44,000 based on 38 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 $60,000 based on 17 salaries.

Key Stats for Commercial Loan Processor

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.
Less than 1 year
2%
1-4 years
33%
5-9 years
17%
10-19 years
33%
20 years or more
14%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Loan Processor Salaries

Late-Career
▲40%

Experienced
▲4%

Mid-Career
▼0%

National Average
$43,000

Entry-Level
▼17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
2%
1-4 years
33%
5-9 years
17%
10-19 years
33%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 79%
vision benefits
Vision: 69%
no benefits
None: 11%
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