How much does a Commercial Loan Clerk earn in the United States? The average Commercial Loan Clerk salary in the United States is $39,822 as of March 28, 2019, but the range typically falls between $35,324 and $45,092. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View Cost of Living in Major Cities
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.
Take just three simple steps below to generate your own personalized salary report.
Includes bonus, healthcare, and retirement
0 - 1 years experience
High School Diploma or Tech Certificate
1 - 3 years experience
3 - 5 years experience
Salary.com's CompAnalyst platform offers: