Average Loan Administrators with Commercial Loans skills make around $49K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Most Loan Administrators with Commercial Loans skills survey respondents are women (79 percent). A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. The majority of workers are highly satisfied with their job.

$34,600 - $77,032
(Median)
$35K
$49K
$77K
MEDIAN: $49,190
10%
50%
90%

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$12.98 - $23.25
(Median)
$13
$18
$23
MEDIAN: $18.00
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$26K$52K$78K
Salary
$34,600 - $77,032  
   
Bonus
$811 - $10,186  
Profit Sharing
$5,500  
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).
)
$32,159 - $70,767  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 78
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$12$24$36
Hourly Rate
$12.98 - $23.25  
   
Overtime
$1.97 - $30.90  
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$24K$48K$72K
Bonus
$811 - $10,186  
   
Profit Sharing
$5,500  
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).
)
$32,159 - $70,767  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 40
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Pay by Experience Level for Loan Administrator

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


Loan Administrators with Commercial Loans skills who reported more years of relevant experience also reported higher earnings. The median compensation for relatively untried workers is $39K; in the five-to-10 year group, it's higher at around $46K. Loan Administrators with Commercial Loans skills bring in $50K after working for 10 to 20 years. Seasoned veterans with 20 years under their belts enjoy a median income of $65K.

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Experience Affects Loan Administrator Salaries

Late-Career
up arrow 44%

Experienced
up arrow 12%

Mid-Career
up arrow 2%

National Average
$45,000

Entry-Level
up arrow 14%

Job Satisfaction

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

Gender

Female
79 %
Male
21 %

Years of Experience

1-4 years
41%
5-9 years
20%
10-19 years
21%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 76%
medical benefits
Vision: 61%
dental benefits
None: 12%
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