Salary for
Commercial Loan Clerk in the United States

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

Job Description

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.

Salary range for a Commercial Loan Clerk
Customize your search to determine an exact salary target
Step of 3

Understand the total compensation opportunity for a Commercial Loan Clerk, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
35324
45092
39822

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
35767
46098
40607
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Commercial Loan Clerk in the United States. The base salary for Commercial Loan Clerk ranges from $35,324 to $45,092 with the average base salary of $39,822. The total compensation, which includes bonus, health and retirement, can vary anywhere from $35,767 to $46,098 with the average total compensation of $40,607.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

35324
45092
Your Salary

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Banking & Commercial Loan Processing Clerk

    0 - 1 years experience
    High School Diploma or Tech Certificate

  2. This Job:

    Commercial Loan Clerk

    1 - 3 years experience
    Associate's Degree

  3. Up a level:

    Commercial Loan Clerk, Sr.

    3 - 5 years experience
    Associate's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Commercial Loan Clerk