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How much does a Specialist Commercial Loan Officer make in Gary, IN?

As of March 01, 2025, the average annual salary for a Specialist Commercial Loan Officer in Gary, IN is $141,200. Salary.com reports that pay typically ranges from $121,300 to $159,700, with most professionals earning between $103,182 and $176,543.

Specialist Commercial Loan Officer Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $159,700 $13,308 $3,071 $77
Average $141,200 $11,767 $2,715 $68
25th Percentile $121,300 $10,108 $2,333 $58

Average Salary

25% $121,300 10% $103,182 90% $176,543 75% $159,700 $141,200 50%(Median) Didn’t find job title? Click
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How much does a Specialist Commercial Loan Officer make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Specialist Commercial Loan Officer salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Specialist Commercial Loan Officer hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025
Levels Salary
Entry Level Specialist Commercial Loan Officer $129,332
Intermediate Level Specialist Commercial Loan Officer $130,793
Senior Level Specialist Commercial Loan Officer $132,254
Specialist Level Specialist Commercial Loan Officer $137,515
Expert Level Specialist Commercial Loan Officer $146,968
$129,332 0 yr
$130,793 < 2 yrs
$132,254 2-4 yrs
$137,515 5-8 yrs
$146,968 > 8 yrs
Last Updated on March 01, 2025
Entry Level 8%
Mid Level 7%
Senior Level 6%
Top Level 3%
Experienced 4%
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Last Updated on March 01, 2025

Job Openings of Specialist Commercial Loan Officer

Salary.com job board provides millions of Specialist Commercial Loan Officer information for you to search for. Click on search button below to see Specialist Commercial Loan Officer job openings or enter a new job title here.

Cost of Living In Gary, IN

Cost of Living in Gary , IN is
-0.7% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Specialist Commercial Loan Officer

What skills does a Specialist Commercial Loan Officer 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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.

3.

Banking Products: Banking Products is the provision of services by a bank to the general public rather than to companies or other banks. Banking proucts is different from wholesale banking in this manner.

Analysis 7.61%
Financial Analysis 1.78%
Banking Products 1.1%
Others 89.51%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Specialist Commercial Loan Officer higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Banking Products, you can get a 25% salary raise. If you are good at Loan Origination, your salary will increase by 20%. If you are expert in Leadership, your salary will rise by 15%.
Skill Salary Demand
Banking Products
$176,500
25%
Loan Origination
$169,440
20%
Leadership
$162,380
15%
Client Relationship
$160,968
14%
Communication Skills
$160,968
14%
Economics
$158,144
12%
Last Updated on March 01, 2025

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Specialist Commercial Loan Officer is $141,200 per year in Gary, IN, updated at March 01, 2025.
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