How much does a Commercial Real Estate Loan Officer II make in New York, NY? The average Commercial Real Estate Loan Officer II salary in New York, NY is $131,805 as of May 28, 2024, but the range typically falls between $110,592 and $158,746. 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. 

Commercial Real Estate Loan Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Real Estate Loan Officer II Salary $91,279 New York,NY May 28, 2024
25th Percentile Commercial Real Estate Loan Officer II Salary $110,592 New York,NY May 28, 2024
50th Percentile Commercial Real Estate Loan Officer II Salary $131,805 New York,NY May 28, 2024
75th Percentile Commercial Real Estate Loan Officer II Salary $158,746 New York,NY May 28, 2024
90th Percentile Commercial Real Estate Loan Officer II Salary $183,274 New York,NY May 28, 2024
25% $110,592 10% $91,279 90% $183,274 75% $158,746 $131,805 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Real Estate Loan Officer II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

3.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Customer Service 6.2%
Customer Relationship 2.47%
Pricing 1.41%
Others 89.92%

Job Description for Commercial Real Estate Loan Officer II

Commercial Real Estate Loan Officer II solicits, structures, and services a variety of commercial real estate loans. Works mostly with moderately large and complex real estate loans including investments, development, and construction loans. Being a Commercial Real Estate Loan Officer II evaluates loan applicants and reviews appraisals, credit reports, and other information necessary to evaluate deals. Develops and maintains relationships and communication with current and potential borrowers. Additionally, Commercial Real Estate Loan Officer II coordinates with credit analysts to ensure the accuracy and completeness of loan analysis and documentation. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Real Estate Loan Officer II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Commercial Real Estate Loan Officer II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Real Estate Loan Officer II in New York, NY
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Career Path for Commercial Real Estate Loan Officer II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Real Estate Loan Officer II, the upper level is Commercial Real Estate Loan Officer III and then progresses to Commercial Real Estate Lending Assistant Manager.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
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Fiscal Year Ended in 2022
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Commercial Real Estate Loan Officer II salary varies from city to city. Compared with national average salary of Commercial Real Estate Loan Officer II, the highest Commercial Real Estate Loan Officer II salary is in San Francisco, CA, where the Commercial Real Estate Loan Officer II salary is 25.0% above. The lowest Commercial Real Estate Loan Officer II salary is in Miami, FL, where the Commercial Real Estate Loan Officer II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Commercial Real Estate Loan Officer II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
110592
158746
131805

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
121915
193965
150777
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Real Estate Loan Officer II in New York, NY. The base salary for Commercial Real Estate Loan Officer II ranges from $110,592 to $158,746 with the average base salary of $131,805. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $121,915 to $193,965 with the average total cash compensation of $150,777.
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110592
158746

 

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About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago    View the Cost of Living in New York, New York

Commercial Real Estate Loan Officer II Salary in popular cities: BuffaloRochesterYonkers

Skills associated with Commercial Real Estate Loan Officer II: Lending Regulatory Compliance, Banking Software, Real Estate Appraisal Report, Commercial Real Estate Lending ...More

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Jobs with a similar salary range to Commercial Real Estate Loan Officer II : Real Estate Agent Assistant, Real Estate Loan Processor, Real Estate Lender