Commercial Loan Clerk, Sr. Salary in the United States

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Commercial Loan Clerk, Sr. Salary

How much does a Commercial Loan Clerk, Sr. make in the United States? The average Commercial Loan Clerk, Sr. salary in the United States is $49,204 as of April 27, 2021, but the range typically falls between $42,769 and $58,147. 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. 

Salary Salary + Bonus Benefits How To Become
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25% $42,769 10% $36,911 90% $66,289 75% $58,147 $49,204 50%(Median)

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Job Description for Commercial Loan Clerk, Sr.

Commercial Loan Clerk, Sr. processes loan payments and applies funds to customer accounts. Calculates and processes payoffs, and releases titles and insurance interest. Being a Commercial Loan Clerk, Sr. calculates and prepares refunds for customers that submit overpayments. Responds to customer inquiries and requests for net payoff quotes. Additionally, Commercial Loan Clerk, Sr. may require an associate degree or its equivalent. Typically reports to a supervisor or manager. The Commercial Loan Clerk, Sr. has gained proficiency in multiple competencies relevant to the job. Works independently within established procedures associated with the specific job function. To be a Commercial Loan Clerk, Sr. typically requires 3-5 years of related experience. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Commercial Loan Clerk, Sr.
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PAYPAL HOLDINGS INC
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2019
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Commercial Loan Clerk, Sr. Pay Difference by Location

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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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

Average Base Salary

Core compensation

 
 
 
42769
58147
49204

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
43643
58500
49967
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Clerk, Sr. in the United States. The base salary for Commercial Loan Clerk, Sr. ranges from $42,769 to $58,147 with the average base salary of $49,204. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $43,643 to $58,500 with the average total cash compensation of $49,967.
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42769
58147

 

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Skills associated with Commercial Loan Clerk, Sr.: Loan Servicing, Calculate Adjustments, Loan Software, Banking Software ...More

Salary estimation for Commercial Loan Clerk, Sr. at companies like : PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC, Square, Inc.