Loan Administrator with Commercial Loans Skills Salary

Median pay for Loan Administrators with Commercial Loans skills lies in the neighborhood of $50K per year. Career length and the particular city each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and most collect dental insurance. Female Loan Administrators with Commercial Loans skills make up most of the survey respondents at 76 percent. Job satisfaction for Loan Administrators with Commercial Loans skills is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$35,422 - $77,335
$35K
$50K
$77K
MEDIAN: $49,530
10%
50%
90%

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$14.63 - $28.60
$15
$20
$29
MEDIAN: $20.26
10%
50%
90%

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$0$77K
Salary $35,422 - $77,335
Bonus $991 - $9,863
Profit Sharing $2,150
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).
)
$34,349 - $75,649
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 84
Hourly Data $0$58
Hourly Rate $14.63 - $28.60
Overtime $2.06 - $58.17
Annual Data $0$75K
Bonus $991 - $9,863
Profit Sharing $2,150
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).
)
$34,349 - $75,649
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 42

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Loan Administrator Job Listings

Pay by Experience Level for Loan Administrator

Pay by Experience for a Loan Administrator has a positive trend. An entry-level Loan Administrator with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 60 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $52,000 based on 32 salaries. An experienced Loan Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 31 salaries. A Loan Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $66,000 based on 25 salaries.

Key Stats for Loan Administrator

Gender

Female
76 %
Male
24 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.
1-4 years
37%
5-9 years
21%
10-19 years
21%
20 years or more
21%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Administrator Salaries

Late-Career
▲39%

Mid-Career
▲9%

Experienced
▲5%

National Average
$48,000

Entry-Level
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

1-4 years
37%
5-9 years
21%
10-19 years
21%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 82%
vision benefits
Vision: 70%
no benefits
None: 7%
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