Loan Administrator with Commercial Loans Skills Salary

Loan Administrators with Commercial Loans skills can expect to earn an average of $51K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Men are in the minority of survey respondents, with female Loan Administrators with Commercial Loans skills making up 74 percent. Job satisfaction is reported as high by the vast majority of workers. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$34,835 - $78,025
$35K
$51K
$78K
MEDIAN: $50,779
10%
50%
90%

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$13.09 - $27.15
$13
$19
$27
MEDIAN: $18.66
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$27K$54K$81K
Salary
$34,835 - $78,025  
   
Bonus
$989 - $10,113  
Profit Sharing
$1,700  
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).
)
$32,150 - $74,960  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 80
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$16$32$48
Hourly Rate
$13.09 - $27.15  
   
Overtime
$1.99 - $46.40  
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$32K$64K$96K
Bonus
$989 - $10,113  
   
Profit Sharing
$1,700  
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).
)
$32,150 - $74,960  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 42

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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
74 %
Male
26 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.
1-4 years
39%
5-9 years
20%
10-19 years
20%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Administrator Salaries

Late-Career
▲39%

Mid-Career
▲10%

Experienced
▲5%

National Average
$48,000

Entry-Level
▼16%

Job Satisfaction

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

Gender

Female
74 %
Male
26 %

Years of Experience

1-4 years
39%
5-9 years
20%
10-19 years
20%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 79%
vision benefits
Vision: 65%
no benefits
None: 8%