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Average Commercial Lender Salary

$81,241
Avg. SalaryShow Hourly Rate
$8,102
Bonus
$9,125
Commission
$3,039
Profit Sharing
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The average salary for a Commercial Lender is $81,241.
10%
$51k
MEDIAN
$81k
90%
$126k
Is Commercial Lender your job title? Find out what you should be paid
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Salary
$51k - $126k
Bonus
$2k - $25k
Profit Sharing
$1k - $10k
Commission
$1k - $30k
Total Pay
$51k - $141k
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What Do Commercial Lenders Do?

Commercial Lender Tasks
  • 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.

Job Satisfaction for Commercial Lender

4 out of 5
(79)
Highly Satisfied
3Reviews

Popular Employer Salaries for Commercial Lender

Career Paths

Explore the most common career paths for Commercial Lender. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Commercial Lender
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Commercial Lender Job Listings

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What Are Popular Skills for Commercial Lenders?

Skills in Commercial Loans, Business Development, Financial Analysis, Loan Underwriting and Sales are correlated to pay that is above average.

What is the Pay by Experience Level for Commercial Lenders?

An entry-level Commercial Lender with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $54,676 based on 18 salaries. An early career Commercial Lender with 1-4 years of experience earns an average total compensation of $63,929 based on 144 salaries. A mid-career Commercial Lender with 5-9 years of experience earns an average total compensation of $80,323 based on 122 salaries. An experienced Commercial Lender with 10-19 years of experience earns an average total compensation of $98,098 based on 150 salaries. In their late career (20 years and higher), employees earn an average total compensation of $103,609.
Employees with Commercial Lender in their job title in Washington, District of Columbia earn an average of 43.3% more than the national average. These job titles also find higher than average salaries in Omaha, Nebraska (31.7% more) and Philadelphia, Pennsylvania (24.5% more). The lowest salaries can be found in Springfield, Missouri (37.0% less).

Years of Experience

This data is based on 534 survey responses.
Entry Level
3.4%
Early Career
27.0%
Mid Career
22.8%
Experienced
28.1%
Late Career
18.7%