Loan Officer, Commercial with Sales Skills Salary
Median pay for Commercial Loan Officers with Sales skills lies in the neighborhood of $73K per year. In the world of Commercial Loan Officers with Sales skills, total cash compensation ranges from $51K on the lower end to $128K on the higher end; this includes bonuses that reach $24K and profit sharing that approaches $11K in rare cases, with some high rollers snagging commissions as high as $51K. The vast majority of Commercial Loan Officers with Sales skills (85 percent) who took the survey are men. For the most part, Commercial Loan Officers with Sales skills enjoy their work and report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance.
|Salary||$48,591 - $118,570|
|Bonus||$2,601 - $24,433|
|Profit Sharing||$500 - $11,000|
|Commission||$2,466 - $50,684|
|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).)
|$50,742 - $128,351|
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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.
Commercial Loan Officers with Sales skills who reported more years of relevant experience also reported higher earnings. Survey participants with less than five years' experience pocket $65K on average, but those with five to 10 years of experience enjoy a much bigger median of $84K. On average, Commercial Loan Officers with Sales skills make $97K following one to two decades on the job. Deeply experienced professionals who boast more than 20 years of experience haul in an ample $121K on average.
Key Stats for Loan Officer, Commercial
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