Commercial Loan Clerk, Sr. Salary in the United States

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 $47,620 as of September 26, 2019, but the range typically falls between $41,390 and $56,278. 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.  View the Cost of Living in Major Cities

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

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

Job Description

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 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
41390
56278
47620

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
42240
56619
48356
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 $41,390 to $56,278 with the average base salary of $47,620. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $42,240 to $56,619 with the average total cash compensation of $48,356.
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41390
56278

 

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Job Openings for Commercial Loan Clerk, Sr.
Those that have already made the climb...
Michael J. Burns , Former Chief Financial Officer
Gigamon Inc. develops and delivers solution that delivers visibility and control of data-in-motion traversing enterprise, federal, and service provider networks in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers traffic intelligence applications that provid... More
Fiscal Year Ended in 2016
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%