Loan Assistant, Commercial Salary

A Loan Assistant, Commercial earns an average wage of $17.38 per hour.

$29,933 - $57,332
(Median)
$30K
$42K
$57K
MEDIAN: $42,267
10%
50%
90%

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$12.97 - $24.36
(Median)
$13
$17
$24
MEDIAN: $17.00
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$20K$40K$60K
Salary
$29,933 - $57,332  
   
Bonus
$0.00 - $4,102  
Profit Sharing
$4,529  
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).
)
$27,951 - $56,065  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 150
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
$12.97 - $24.36  
   
Overtime
$18.80 - $34.08  
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
$0.00 - $4,102  
   
Profit Sharing
$4,529  
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).
)
$27,951 - $56,065  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 177
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Job Description for Loan Assistant, Commercial

  • Facilitate contract signings and closings, complying with all applicable laws.
  • Assist loan officers and collections with creating, collecting, and processing paperwork.
  • Complete due diligence and basic paperwork on loan applications, contracts and renewals.
  • Return phone calls and answer questions, including about the status of loans.

Common Career Paths for Loan Assistant, Commercial


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Loan Assistant Job Listings

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Popular Skills for Loan Assistant, Commercial

Pay by Experience Level for Loan Assistant, Commercial

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

Related Job Salaries

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Experience Affects Loan Assistant, Commercial Salaries




National Average
$40,000


Skills That Affect Loan Assistant, Commercial Salaries



Commercial Loans
up arrow 4%

National Average
$40,000

Customer Service
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 72 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
18%
10-19 years
29%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
medical benefits
Vision: 56%
dental benefits
None: 13%
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