How much does a Commercial Loan Clerk make in the United States? The average Commercial Loan Clerk salary in the United States is $41,545 as of April 27, 2021, but the range typically falls between $36,852 and $47,045. 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 Loan Clerk processes loan payments and applies funds to customer accounts. Calculates and processes payoffs, and releases titles and insurance interest. Being a Commercial Loan Clerk calculates and prepares refunds for customers that submit overpayments. Responds to customer inquiries and requests for net payoff quotes. Additionally, Commercial Loan Clerk may require an associate degree or its equivalent. Typically reports to a supervisor or manager. The Commercial Loan Clerk gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. To be a Commercial Loan Clerk typically requires 1-3 years of related experience. (Copyright 2021 Salary.com)... View full job description
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 holds more than 200 investments in 28 states with 29 operating... More
LTC PROPERTIES INC
Fiscal Year Ended in 2019
What does a Commercial Loan Clerk do?
Commercial Loan Clerk in Addison, TX
Update mortgage insurance in loan servicing system.
January 02, 2021
Assist accounting personnel with other duties.
January 20, 2021
Demonstrated commitment to continuous learning and process improvement.
Browse Related Job Categories With Commercial Loan Clerk
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Average Base Salary
Average Total Cash Compensation
Includes base and annual incentives
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Clerk in the United States. The base salary for Commercial Loan Clerk ranges from $36,852 to $47,045 with the average base salary of $41,545. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $37,314 to $48,094 with the average total cash compensation of $42,363.