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Loan Assistant, Commercial Salary

The average rate for a Loan Assistant, Commercial is $16.92 per hour. A skill in Loan Processing is associated with high pay for this job.

$29,675 - $55,571
(Median)
$30K
$42K
$56K
MEDIAN: $41,520
10%
50%
90%

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$12.71 - $22.89
(Median)
$13
$17
$23
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$19K$38K$57K
Salary
$29,675 - $55,571  
   
Bonus
$0.00 - $3,523  
Profit Sharing
$1,017 - $4,639  
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).
)
$27,410 - $53,958  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 158
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$12.71 - $22.89  
   
Overtime
$17.82 - $34.49  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $3,523  
   
Profit Sharing
$1,017 - $4,639  
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).
)
$27,410 - $53,958  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 181
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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.

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

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Loan Assistant, Commercial Salaries




National Average
$39,000


Skills That Affect Loan Assistant, Commercial Salaries




National Average
$39,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 78 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
21%
10-19 years
26%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 77%
vision benefits Vision: 53% employee benefits None: 11%
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