Loan Administrator with Commercial Loans Skills Salary

Median pay for Loan Administrators with Commercial Loans skills is around $50K per year. Career length and the particular city each impact pay for this group, with the former having the largest influence. Men are in the minority of survey respondents, with female Loan Administrators with Commercial Loans skills making up 74 percent. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The majority of Loan Administrators with Commercial Loans skills claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$33,650 - $76,302
$34K
$50K
$76K
MEDIAN: $49,930
10%
50%
90%

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$13.04 - $27.28
$13
$19
$27
MEDIAN: $18.58
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$26K$52K$78K
Salary
$33,650 - $76,302  
   
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).
)
$32,067 - $73,290  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 84
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
$13.04 - $27.28  
   
Overtime
$2.00 - $46.25  
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).
)
$32,067 - $73,290  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 41

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Pay by Experience Level for Loan Administrator

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


Average salaries for inexperienced employees average out to around $40K, but folks who have five to 10 years of experience earn a higher median of $51K. Loan Administrators with Commercial Loans skills with one to two decades of relevant experience report an average salary of approximately $50K. Loan Administrators with Commercial Loans skills who have spent more than 20 years on the job report earning a significantly higher median of $66K.

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
22%
10-19 years
19%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Administrator Salaries

Late-Career
▲40%

Mid-Career
▲9%

Experienced
▲7%

National Average
$47,000

Entry-Level
▼15%

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
22%
10-19 years
19%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 79%
vision benefits
Vision: 65%
dental benefits
None: 9%
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