Loan Officer with Commercial Loans Skills Salary

A Loan Officer with Commercial Loans skills earns an average salary of $49,973 per year. People in this job generally don't have more than 20 years' experience.

$34,982 - $81,782
$35K
$50K
$82K
MEDIAN: $50,137
10%
50%
90%

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$13.21 - $21.85
$13
$16
$22
MEDIAN: $16.42
10%
50%
90%

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$0$84K
Salary $34,982 - $81,782
Bonus $994 - $10,318
Profit Sharing $250.00 - $10,000
Commission $401.78 - $49,316
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).
)
$33,690 - $84,720
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 267
Hourly Data $0$34
Hourly Rate $13.21 - $21.85
Overtime $12.37 - $34.54
Annual Data $0$84K
Bonus $994 - $10,318
Commission $401.78 - $49,316
Profit Sharing $250.00 - $10,000
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).
)
$33,690 - $84,720
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 40

Find Out Exactly What You Should Be Paid

United States (change)

Loan Officer Job Listings

Pay by Experience Level for Loan Officer

Pay by Experience for a Loan Officer has a positive trend. An entry-level Loan Officer with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 161 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $59,000 based on 83 salaries. An experienced Loan Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 60 salaries. A Loan Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $76,000 based on 29 salaries.

Key Stats for Loan Officer

Gender

Female
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.
Less than 1 year
2%
1-4 years
44%
5-9 years
24%
10-19 years
18%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Officer Salaries

Late-Career
▲51%

Mid-Career
▲19%

Experienced
▲18%

National Average
$50,000

Entry-Level
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
2%
1-4 years
44%
5-9 years
24%
10-19 years
18%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 68%
vision benefits
Vision: 47%
no benefits
None: 9%
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