How much does a Senior Commercial Loan Processor make in Rio Rancho, NM? The average Senior Commercial Loan Processor salary in Rio Rancho, NM is $50,500 as of May 28, 2024, but the range typically falls between $43,900 and $59,600. 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.

Senior Commercial Loan Processor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Commercial Loan Processor Salary $37,891 Rio Rancho,NM May 28, 2024
25th Percentile Senior Commercial Loan Processor Salary $43,900 Rio Rancho,NM May 28, 2024
50th Percentile Senior Commercial Loan Processor Salary $50,500 Rio Rancho,NM May 28, 2024
75th Percentile Senior Commercial Loan Processor Salary $59,600 Rio Rancho,NM May 28, 2024
90th Percentile Senior Commercial Loan Processor Salary $67,885 Rio Rancho,NM May 28, 2024
25% $43,900 10% $37,891 90% $67,885 75% $59,600 $50,500 50%(Median) Didn’t find job title? Click
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Job Description

The Senior Commercial Loan Processor calculates and processes payoffs, and releases titles and insurance interest. Processes loan payments and applies funds to customer accounts. Being a Senior Commercial Loan Processor responds to customer inquiries and requests for net payoff quotes. Calculates and prepares refunds for customers that submit overpayments. In addition, Senior Commercial Loan Processor may require an associate's degree or its equivalent. Typically reports to a supervisor or manager. Being a Senior Commercial Loan Processor has gained proficiency in multiple competencies relevant to the job. Works independently within established procedures associated with the specific job function. Working as a Senior Commercial Loan Processor typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Senior Commercial Loan Processor in Rio Rancho, NM
  • Job DescriptionA community bank is confidentially looking to add another member to their banking family. They are seeking a loan processor with prior exper...
    - 4 Days Ago
  • Nusenda Credit Union is dedicated to excellent member service, care for our community, and being a great place to work. We work to make a positive differen...
    - 4 Days Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 10 Months Ago
  • Position Summary: We are seeking an experienced and detail-oriented Senior Accountant to join our team. You will prepare financial statements, verify finan...
    - -140 Days Ago
  • This position can be located in any of our five office locations (South Sioux City, NE. Knoxville, TN. Bloomington, IN. Arlington, TX. or Boise, ID) and of...
    - 3 Months Ago

Career Path for this job

  1. Down a level:

    Commercial Loan Clerk

    1 - 3 years experience
    Associate's Degree

  2. This Job:

    Senior Commercial Loan Processor

    3 - 5 years experience
    Associate's Degree

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Average Base Salary

Core compensation

 
 
 
43900
59600
50500

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44800
60000
51300
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Commercial Loan Processor in Rio Rancho, NM. The base salary for Senior Commercial Loan Processor ranges from $43,900 to $59,600 with the average base salary of $50,500. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,800 to $60,000 with the average total cash compensation of $51,300.
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43900
59600

 

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About Rio Rancho, New Mexico    Rio Rancho (Spanish: Río Rancho) is the largest city and economic hub of Sandoval County in the U.S. state of New Mexico. A small portion of the city ....More

Rio Rancho, New Mexico  area prices were up 2.5% from a year ago    View the Cost of Living in Rio Rancho, New Mexico

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