Loan Officer, Commercial Real Estate Salary

The average pay for a Loan Officer, Commercial Real Estate is $90,000 per year.

$55,266 - $149,499
$55K
$85K
$150K
MEDIAN: $85,000
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$60K$120K$180K
Salary
$55,266 - $149,499  
   
Bonus
$10,000  
Profit Sharing
$11,500  
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).
)
$57,114 - $161,257  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 15

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Job Description for Loan Officer, Commercial Real Estate

  • Develop, maintain, and grow the commercial loan portfolio of private loan companies, government agencies, and non-profit organizations.
  • Solicit new business by developing marketing strategies.
  • Oversee handling of advances, payments, and wire transfers.
  • Negotiate credit terms, and prepare credit analysis and repayment plan for approvals.
  • Interview, consult, accept, analyze credit of, and perform credit reviews of potential borrowers.

Loan Officer, Commercial Job Listings

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Pay by Experience Level for Loan Officer, Commercial Real Estate

Pay by Experience for a Loan Officer, Commercial Real Estate has a positive trend. An entry-level Loan Officer, Commercial Real Estate with less than 5 years of experience can expect to earn an average total compensation of $68,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Officer, Commercial Real Estate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $101,000 based on 30 salaries. An experienced Loan Officer, Commercial Real Estate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $130,000 based on 8 salaries. A Loan Officer, Commercial Real Estate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $134,000 based on 6 salaries.

Key Stats for Loan Officer, Commercial Real Estate

Gender

Female
13 %
Male
88 %
1-4 years
25%
5-9 years
31%
10-19 years
19%
20 years or more
25%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Officer, Commercial Real Estate Salaries

Late-Career
▲77%

Experienced
▲70%

Mid-Career
▲32%

National Average
$76,000

Entry-Level
▼11%

Gender

Female
13 %
Male
88 %

Years of Experience

1-4 years
25%
5-9 years
31%
10-19 years
19%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 55%
vision benefits
Vision: 27%
no benefits
None: 36%
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