Loan Administrator with Commercial Loans Skills Salary
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. Participants in PayScale's salary questionnaire provided the particulars of this report.
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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.