Commercial Loan Clerk Salary in Michigan

How much does a Commercial Loan Clerk make in Michigan? The average Commercial Loan Clerk salary in Michigan is $40,587 as of January 20, 2020, but the range typically falls between $36,003 and $45,960. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $36,003 10% $31,830 90% $50,853 75% $45,960 $40,587 50%(Median)
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Job Description

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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Taylor, MI Avg. Salary $41,487 Date Updated January 20, 2020
Location Acme, MI Avg. Salary $38,177 Date Updated January 20, 2020
Location Ada, MI Avg. Salary $39,569 Date Updated January 20, 2020
Location Addison, MI Avg. Salary $41,199 Date Updated January 20, 2020
Location Adrian, MI Avg. Salary $40,431 Date Updated January 20, 2020
Location Afton, MI Avg. Salary $37,435 Date Updated January 20, 2020
Location Ahmeek, MI Avg. Salary $38,340 Date Updated January 20, 2020
Location Akron, MI Avg. Salary $37,479 Date Updated January 20, 2020
Location Alanson, MI Avg. Salary $37,435 Date Updated January 20, 2020
Location Alba, MI Avg. Salary $37,435 Date Updated January 20, 2020
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