Loan Officer, Commercial with Sales Skills Salary

The average Commercial Loan Officer with Sales skills earns approximately $73K annually. Total incomes of Commercial Loan Officers with Sales skills incorporate potential for, in a few cases, more than $24K from bonuses and close to $10K from profit sharing; these performance components cause packages to range between $50K and $127K. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Male Commercial Loan Officers with Sales skills far outnumber their female contemporaries among those who completed the questionnaire. Most Commercial Loan Officers with Sales skills like their work and job satisfaction is high.

$48,384 - $117,995
$48K
$73K
$120K
MEDIAN: $72,836
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
$48,384 - $117,995  
   
Bonus
$2,886 - $24,468  
Profit Sharing
$484.79 - $10,213  
Commission
$2,517 - $49,665  
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).
)
$50,026 - $127,387  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 174

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Pay by Experience Level for Loan Officer, Commercial

Pay by Experience for a Loan Officer, Commercial has a positive trend. An entry-level Loan Officer, Commercial with less than 5 years of experience can expect to earn an average total compensation of $65,000 based on 69 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Officer, Commercial with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $84,000 based on 59 salaries. An experienced Loan Officer, Commercial which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $103,000 based on 48 salaries. A Loan Officer, Commercial with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $123,000 based on 25 salaries.

Key Stats for Loan Officer, Commercial

Gender

Female
17 %
Male
83 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.
Less than 1 year
1%
1-4 years
30%
5-9 years
26%
10-19 years
26%
20 years or more
17%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Officer, Commercial Salaries

Late-Career
▲52%

Experienced
▲27%

Mid-Career
▲3%

National Average
$81,000

Entry-Level
▼20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 36 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
1%
1-4 years
30%
5-9 years
26%
10-19 years
26%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 83%
vision benefits
Vision: 70%
no benefits
None: 4%
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