Loan Officer, Commercial with Sales Skills Salary

Median pay for Commercial Loan Officers with Sales skills is around $73K per year. Total cash earnings of Commercial Loan Officers with Sales skills range from $50K on the low end to $130K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $25K and $12K, respectively. There are far more male Commercial Loan Officers with Sales skills survey respondents than women, making up 88 percent. Medical benefits are awarded to almost all, and a large number earn dental coverage. Job satisfaction is high and work is enjoyable for most Commercial Loan Officers with Sales skills.

$47,662 - $120,707
$48K
$73K
$120K
MEDIAN: $72,771
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$50K$100K$150K
Salary
$47,662 - $120,707  
   
Bonus
$2,895 - $24,875  
Profit Sharing
$-0.49 - $11,562  
Commission
$2,447 - $51,064  
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).
)
$49,636 - $129,850  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 158
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Pay by Experience Level for Loan Officer, Commercial

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


Experience seems to be a major factor in determining the incomes of Commercial Loan Officers with Sales skills. Salaries for the relatively untried average out to around $65K, but survey participants with five to 10 years of experience earn a significantly higher median of $84K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $103K. Commercial Loan Officers with Sales skills who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $123K on average.

Key Stats for Loan Officer, Commercial

Gender

Female
12 %
Male
88 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.
Less than 1 year
1%
1-4 years
32%
5-9 years
27%
10-19 years
24%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Officer, Commercial Salaries

Late-Career
▲51%

Experienced
▲27%

Mid-Career
▲3%

National Average
$81,000

Entry-Level
▼20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.

Gender

Female
12 %
Male
88 %

Years of Experience

Less than 1 year
1%
1-4 years
32%
5-9 years
27%
10-19 years
24%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 86%
vision benefits
Vision: 72%
dental benefits
None: 3%
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