How much does a Commercial Loan Officer I make in Erie, PA?
As of April 01, 2025, the average annual salary for a Commercial Loan Officer I in Erie, PA is $57,290. According to Salary.com, salaries can range from a low of $45,367 to a high of $72,949, with most professionals earning between $51,049 and $65,487.
How much does a Commercial Loan Officer I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Commercial Loan Officer I salary data based on specialized databases to help you get a fairer salary.
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Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$71,908 |
$5,992 |
$1,383 |
$35 |
Average |
$62,908 |
$5,242 |
$1,210 |
$30 |
25th Percentile |
$56,055 |
$4,671 |
$1,078 |
$27 |
Last Updated on April 01, 2025
How Does Experience Level Affect a Commercial Loan Officer I's Salary?
An entry-level Commercial Loan Officer I with under 1 year experience makes about $56,359.
With less than 2 years of experience, a mid-level Commercial Loan Officer I makes around $57,104.
After 2-4 years, the Commercial Loan Officer I pay rises to about $58,758.
Those senior Commercial Loan Officer I with 5-8 years of experience earn roughly $59,737, and those Commercial Loan Officer I having 8 years or more experience are expected to earn about $59,982 on average.
Levels |
Salary |
Entry Level Commercial Loan Officer I
|
$56,359
|
Intermediate Level Commercial Loan Officer I
|
$57,104
|
Senior Level Commercial Loan Officer I
|
$58,758
|
Specialist Level Commercial Loan Officer I
|
$59,737
|
Expert Level Commercial Loan Officer I
|
$59,982
|
$56,359
0 yr
$57,104
< 2 yrs
$58,758
2-4 yrs
$59,737
5-8 yrs
$59,982
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
10%
|
Mid Level
|
9%
|
Senior Level
|
7%
|
Top Level
|
5%
|
Experienced
|
5%
|
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Last Updated on April 01, 2025