How much does a Commercial Loan Clerk make in Westhampton, NY? The average Commercial Loan Clerk salary in Westhampton, NY is $50,335 as of August 27, 2024, but the range typically falls between $44,649 and $56,995. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Clerk Salary $39,472 Westhampton,NY August 27, 2024
25th Percentile Commercial Loan Clerk Salary $44,649 Westhampton,NY August 27, 2024
50th Percentile Commercial Loan Clerk Salary $50,335 Westhampton,NY August 27, 2024
75th Percentile Commercial Loan Clerk Salary $56,995 Westhampton,NY August 27, 2024
90th Percentile Commercial Loan Clerk Salary $63,059 Westhampton,NY August 27, 2024
25% $44,649 10% $39,472 90% $63,059 75% $56,995 $50,335 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Commercial Loan Clerk 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.

Microsoft Word: Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments

3.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

Customer Service 7.84%
Microsoft Word 1.79%
Commercial Banking 1.33%
Others 89.04%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Clerk 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 Loan Servicing, you can get a 8% salary raise. If you are good at Loan Review, your salary will increase by 8%. If you are expert in Written Communication, your salary will rise by 5%.
Skill Salary Demand
Loan Servicing
$54,362
8%
Loan Review
$54,362
8%
Written Communication
$52,852
5%
Accounting
$52,852
5%
Commitment
$52,852
5%
Communication Skills
$51,845
3%
Last Updated on August 27, 2024
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Job Description for Commercial Loan Clerk

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 equivalent. Typically reports to a supervisor or manager. The Commercial Loan Clerk works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Commercial Loan Clerk typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Commercial Loan Clerk.

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

Job Openings for Commercial Loan Clerk in Westhampton, NY
  • Duration: 3 months contract (with possible extension) Employment Type: W-2 Job Description: Must have some type the following industry experience: Loan Ser...
    - 1 Day Ago
  • Job Title: SME in Commercial Banking and Loan Trading Location: NYC, NY Duration: Long term SMEWho are in Commercial Banking in Leveraged finance and Loan ...
    - 4 Days Ago
  • LHH Recruitment Solutions is seeking a. Banking Syndication Analyst. for a 12-month contract for a well-established banking client in New York City. This i...
    - 1 Day Ago
  • Job Title: SME in Commercial Banking and Loan TradingLocation: NYC, NYDuration: Long term SMEWho are in Commercial Banking in Leveraged finance and Loan Tr...
    - 3 Days Ago
  • Mission Capital Advisors (Mission Capital), a subsidiary of Marcus & Millichap Capital Corporation (MMCC), is a leading loan sale advisor and due diligence...
    - 2 Days Ago

Career Path for Commercial Loan Clerk

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 Clerk, the first career path typically starts with a Loan Servicing Clerk III position, and then progresses to Loan Servicing Supervisor.

Additionally, the second career path typically progresses to Commercial Loan Clerk, Sr..

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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 2023
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Commercial Loan Clerk

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

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

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
44649
56995
50335

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
45212
58262
51324
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 Westhampton, NY. The base salary for Commercial Loan Clerk ranges from $44,649 to $56,995 with the average base salary of $50,335. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $45,212 to $58,262 with the average total cash compensation of $51,324.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

44649
56995

 

Step 3 of 3

How much should you be paid?

About Westhampton, New York    Westhampton is a hamlet and census-designated place (CDP) in Suffolk County, New York, United States. The population was 3,079 at the 2010 census. Wes....More

Westhampton, New York  area prices were up 1.6% from a year ago    View the Cost of Living in Westhampton, New York

Commercial Loan Clerk Salary in popular cities: New YorkBuffaloRochester

Skills associated with Commercial Loan Clerk: Loan Servicing, Inquiry Research/Response, Loan Software, Calculate Adjustments ...More

Recently searched related titles: Commercial Loan Administrative Assistant, Commercial Loan Coordinator, Dance Fitness Instructor

Jobs with a similar salary range to Commercial Loan Clerk : Personal Gym Trainer, Loan Administration

Salary estimation for Commercial Loan Clerk at companies like : MAIRON International Inc - Los Angeles, American Board of Critical Care Medicine, Toyota Tundra 4WD Truck CrewMax 57L V8 6-Spd AT Ltd

Jobs with a similar salary range to Commercial Loan Clerk : Junior Fund Accountant, Subsitute Teacher, Youth Soccer Referee