As of January 01, 2026, the average salary for a Commercial Loan Clerk in Utah is $43,072 per year, which breaks down to an hourly rate of $21.
However, a Commercial Loan Clerk's salary can vary significantly. Here’s a look at the typical salary range:
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A Commercial Loan Clerk's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Commercial Loan Clerk's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Clerk | $41,264 |
| Intermediate Level Commercial Loan Clerk | $41,502 |
| Senior Level Commercial Loan Clerk | $43,431 |
| Specialist Level Commercial Loan Clerk | $45,742 |
| Expert Level Commercial Loan Clerk | $45,896 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Loan Clerks. For example, consider the average annual salaries in these key locations:
Understanding how a Commercial Loan Clerk's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on January 01, 2026Promotions are the fastest way to increase your earnings. As a Commercial Loan Clerk, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Loan Servicing Clerk III | $49,484 | 15% |
| Commercial Loan Clerk, Sr. | $51,005 | 18% |
Ready to take the next step in your career? Browse thousands of current Commercial Loan Clerk job openings on our job board. Use the search bar below to find your perfect match.
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