How much does a Commercial Loan Clerk make? The median annual Commercial Loan Clerk salary is $38,343, as of September 27, 2017, with a range usually between $34,011-$43,418, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Commercial Loan Clerk in the United States.
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This chart describes the expected percentage of people who perform the job of Commercial Loan Clerk in the United States that make less than that annual salary. For example the median expected annual pay for a typical Commercial Loan Clerk in the United States is $38,343, so 50% of the people who perform the job of Commercial Loan Clerk in the United States are expected to make less than $38,343.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Commercial Loan Clerk that make less than that salary. For example 50% of the people who perform the job of Commercial Loan Clerk are expected to make less than the median.
Source: HR Reported data as of October 2017
Processes loan payments and applies funds to customer accounts. Calculates and processes payoffs, and releases titles and insurance interest. Calculates and prepares refunds for customers that submit overpayments. Responds to customer inquiries and requests for net payoff quotes. May require an associate's degree or its equivalent. Typically reports to a supervisor or manager. Gaining or has attained full proficiency in a specific area of discipline. Works under moderate supervision. Typically requires 1-3 years of related experience. View full job description