A Loan Assistant, Commercial earns an average wage of $16.63 per hour.
Loan Assistant, Commercial Total Pay (?
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.
)
$28,574 - $51,288
(Median)
29K
39K
45K
51K
MEDIAN: $38,841
10%
50%
75%
90%
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Loan Assistant, Commercial Total Pay (?
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.
)
$12.36 - $22.56
(Median)
12
17
19
23
MEDIAN: $16.00
10%
50%
75%
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$18K$36K$54K
Salary
$28,574 - $51,288  
   
Bonus
$0.00 - $3,063  
Profit Sharing
$1,000 - $4,623  
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).
)
$26,608 - $50,347  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 261
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
$12.36 - $22.56  
   
Overtime
$8.93 - $33.70  
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 - $3,063  
   
Profit Sharing
$1,000 - $4,623  
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).
)
$26,608 - $50,347  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 261
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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.
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

Experience Affects Loan Assistant, Commercial Salaries

Late-Career
up arrow 21%
Experienced
up arrow 13%
Mid-Career
up arrow 6%
National Average
$37,000

Skills That Affect Loan Assistant, Commercial Salaries

Loan Documents
up arrow 4%
Loan Processing
up arrow 3%
National Average
$37,000
Job Satisfaction
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Highly satisfied
Rated 4 out of 5 based on 63 votes.
Gender
Female
90%
female alumni
 
Male
10%
male alumni
Years of Experience
Less than 1 year
3%
1-4 years
37%
5-9 years
24%
10-19 years
21%
20 years or more
15%
Common Health Benefits
medical benefits Medical: 85% dental benefits Dental: 76%
vision benefits Vision: 47% employee benefits None: 12%
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