Average Loan Assistant, Commercial Hourly Pay

$18.66
Avg. Hourly RateShow Salary
$1,987
Bonus
$1,895
Profit Sharing
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The average hourly pay for a Loan Assistant, Commercial is $18.66.
10%
$13.64
MEDIAN
$18.66
90%
$27.15
Is Loan Assistant, Commercial your job title? Find out what you should be paid
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Hourly Rate
$14 - $27
Bonus
$515 - $5,106
Profit Sharing
$0 - $1,895
Total Pay
$29,918 - $61,866
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What Do Loan Assistant, Commercials Do?

Loan Assistant, Commercial Tasks
  • Document client interactions and accurately capture data using company loan processing systems.
  • Ensure compliance with all federal and local rules, laws, and regulations.
  • Ensure loan guidelines are followed and loans are underwritten properly in accordance with all company procedures.
  • Educate clients and assist them through the loan process.

Job Satisfaction for Loan Assistant, Commercial

4.2 out of 5
(40)
Highly Satisfied
1Review

Popular Employer Salaries for Loan Assistant, Commercial

Loan Assistant, Commercial Job Listings

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What Are Popular Skills for Loan Assistant, Commercials?

Skills in Commercial Loans, Loan Documents, Loan Processing, Customer Service and Customer Relations are correlated to pay that is above average.

What is the Pay by Experience Level for Loan Assistant, Commercials?

An entry-level Loan Assistant, Commercial with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $15.38 based on 10 salaries. An early career Loan Assistant, Commercial with 1-4 years of experience earns an average total compensation of $17.76 based on 41 salaries. A mid-career Loan Assistant, Commercial with 5-9 years of experience earns an average total compensation of $20.38 based on 32 salaries. An experienced Loan Assistant, Commercial with 10-19 years of experience earns an average total compensation of $21.34 based on 58 salaries. In their late career (20 years and higher), employees earn an average total compensation of $22.
Employees with Loan Assistant, Commercial in their job title in Boston, Massachusetts earn an average of 38.6% more than the national average. These job titles also find higher than average salaries in Oklahoma City, Oklahoma (38.4% more) and Austin, Texas (13.4% more).

Years of Experience

This data is based on 165 survey responses.
Entry Level
6.1%
Early Career
24.8%
Mid Career
19.4%
Experienced
35.2%
Late Career
14.5%