Average Commercial Lender with Commercial Loans Skills Salary

$83,757
Avg. SalaryShow Hourly Rate
$7,818
Bonus
$6,500
Commission
$3,500
Profit Sharing
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The average salary for a Commercial Lender with Commercial Loans skills is $83,757.
10%
$51k
MEDIAN
$84k
90%
$127k
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United States (change)
Salary
$51k - $127k
Bonus
$2k - $20k
Profit Sharing
$1k - $12k
Commission
$1k - $39k
Total Pay
$51k - $139k

Your Market Worth Over Time

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Job Description for Commercial Lender

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.

Commercial Lender Job Listings

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Popular Skills for Commercial Lender

Skills in Business Development and Sales are correlated to pay that is above average. Skills that pay less than market rate include Business Analysis, Loan Underwriting and Financial Analysis.

Pay by Experience Level for Commercial Lender

An early career Commercial Lender with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $62,083 based on 98 salaries. A mid-career Commercial Lender with 5-9 years of experience earns an average total compensation of $80,179 based on 97 salaries. An experienced Commercial Lender with 10-19 years of experience earns an average total compensation of $99,634 based on 112 salaries. In their late career (20 years and higher), employees earn an average total compensation of $104,315.
Employees with Commercial Lender in their job title in Houston, Texas earn an average of 30.1% more than the national average. These job titles also find higher than average salaries in Omaha, Nebraska (28.9% more) and Wausau, Wisconsin (9.9% more). The lowest salaries can be found in Springfield, Missouri (38.8% less) and Indianapolis, Indiana (15.3% less).

Years of Experience

This data is based on 383 survey responses.
Early Career
25.6%
Mid Career
25.3%
Experienced
29.2%
Late Career
19.8%