Commercial Loan Processor Salary in Las Vegas, Nevada

Commercial Loan Processor Salary in Las Vegas, NV

How much does a Commercial Loan Processor make in Las Vegas, NV? The average Commercial Loan Processor salary in Las Vegas, NV is $52,237 as of March 26, 2024, but the range typically falls between $45,645 and $61,259. 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.

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Commercial Loan Processor Salaries by Percentile

Percentile	Salary	Location	Last Updated
10th Percentile Commercial Loan Processor Salary	$39,644	Las Vegas,NV	March 26, 2024
25th Percentile Commercial Loan Processor Salary	$45,645	Las Vegas,NV	March 26, 2024
50th Percentile Commercial Loan Processor Salary	$52,237	Las Vegas,NV	March 26, 2024
75th Percentile Commercial Loan Processor Salary	$61,259	Las Vegas,NV	March 26, 2024
90th Percentile Commercial Loan Processor Salary	$69,472	Las Vegas,NV	March 26, 2024

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Check out Commercial Loan Processor Job Openings in Las Vegas, Nevada

Commercial Loan Closer

SLATT CAPITAL - Burlingame, CA

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Bilingial - Mortgage Loan Officer Partner

AFM Lending LLC - Goodyear, AZ

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Sr. Loan Processor

Summit Lending - Huntington Beach, CA

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Commercial Loan Servicing Portfolio Analyst

Clearinghouse CDFI - Lake Forest, CA

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What skills does a Commercial Loan Processor 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.

General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

3.

Employee Assistance Programs: Assisting employees with work-related problems that may impact their job performance, health, mental and emotional well-being.

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Customer Service 4.68%

General Ledger 1.84%

Employee Assistance Programs 1.3%

Others 92.18%

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Job Description for Commercial Loan Processor

Commercial Loan Processor performs administrative tasks for commercial loan processing. Coordinates with lenders, customers, and external vendors to collect and prepare all required documentation for closings. Being a Commercial Loan Processor ensures that loan packages are complete, and documentation correctly prepared within required timelines. Inputs and maintains all required transaction and processing records according to procedures. Additionally, Commercial Loan Processor responds to inquiries. Prepares required regulatory reporting. May require an associate degree. Typically reports to a supervisor. The Commercial Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Commercial Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Processor in Las Vegas, NV

Career Path for Commercial Loan Processor

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 Loan Processor, the first career path typically starts with a Loan Processor III position, and then Loan Processing Supervisor.

The second career path typically progresses to Loan Processing Assistant Manager.

Additionally, the third career path typically progresses to Loan Processing Manager.

Commercial Loan Processor

Loan Processor III

Loan Processing Assistant Manager

Loan Processing Manager

Loan Processing Supervisor

Those that have already made the climb...

Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary

LTC PROPERTIES INC

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More

Fiscal Year Ended in 2022

What does a Commercial Loan Processor do?

Commercial Loan Processor in Trenton, NJ

This individual is responsible for properly maintaining and managing all processing records.

February 24, 2020

Commercial Loan Processor in San Jose, CA

Administrative tasks such as the preparation of credit reports are the sole duty of the Banking and Commercial Loan Processing Clerk.

January 31, 2020

Commercial Loan Processor in Altus, OK

A Banking and Commercial Loan Processing Clerk is responsible for performing administrative duties and tasks, including commercial banking and the processing of business loans.

January 06, 2020

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Commercial Loan Processor Pay Difference by Location

Commercial Loan Processor salary varies from city to city. Compared with national average salary of Commercial Loan Processor, the highest Commercial Loan Processor salary is in San Francisco, CA, where the Commercial Loan Processor salary is 25.0% above. The lowest Commercial Loan Processor salary is in Miami, FL, where the Commercial Loan Processor 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%

About Las Vegas, Nevada

Las Vegas is situated within Clark County in a basin on the floor of the Mojave Desert and is surrounded by mountain ranges on all sides. Much of the landscape is rocky and arid with desert vegetation and wildlife. It can be subjected to torrential flash floods, although much has been done to mitigate the effects of flash floods through improved drainage systems. The peaks surrounding Las Vegas reach elevations of over 10,000 feet (3,000 m), and act as barriers to the strong flow of moisture from the surrounding area. The elevation is approximately 2,030 ft (620 m) above sea level. According t...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

Similar Jobs to Commercial Loan Processor

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Job Title	Experience	EDUCATION	Salary Compared to This Job
Job Title Commercial Loan Clerk	Experience 1 - 3	EducationAssociates	Salary Compared to This Job - 12.7%
Job Title Commercial Loan Clerk, Sr.	Experience 3 - 5	EducationAssociates	Salary Compared to This Job + 3.6%
Job Title Commercial Loan Officer I	Experience 0 - 2	EducationBachelors	Salary Compared to This Job + 39.2%
Job Title Commercial Loan Officer II	Experience 2 - 4	EducationBachelors	Salary Compared to This Job + 91.1%
Job Title Loan Processor I	Experience 0 - 1	EducationHigh School	Salary Compared to This Job - 18.7%

Level of Education for Commercial Loan Processor

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Browse Related Job Categories With Commercial Loan Processor

A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commercial Loan Processor salary varies from category to category. Click below to see Commercial Loan Processor salary in different categories.

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

Average Base Salary

Core compensation

45645

61259

52237

Average Total Cash Compensation

Includes base and annual incentives

47199

63962

54413

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Processor in Las Vegas, NV. The base salary for Commercial Loan Processor ranges from $45,645 to $61,259 with the average base salary of $52,237. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $47,199 to $63,962 with the average total cash compensation of $54,413.

Similar Job Titles:

Commercial Loan Clerk, Commercial Loan Clerk, Sr., Commercial Loan Officer I, Commercial Loan Officer II, Loan Processor I

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45645

61259

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About Las Vegas, Nevada Las Vegas is situated within Clark County in a basin on the floor of the Mojave Desert and is surrounded by mountain ranges on all sides. Much of the ....More

Las Vegas, Nevada area prices were up 2.5% from a year ago View the Cost of Living in Las Vegas, Nevada

Commercial Loan Processor Salary in popular cities: Henderson, Reno, North Las Vegas

Skills associated with Commercial Loan Processor: Quality Assurance Process, Inquiry Research/Response, Loan Processing, Banking Software ...More

Recently searched related titles: Commercial Loan Documentation, Commercial Banking Assistant, Commercial Lines Processor

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