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Commercial Loan Processor I Salary in the United States

How much does a Commercial Loan Processor I make in the United States?

As of August 01, 2026, the average salary for a Commercial Loan Processor I in the United States is $44,979 per year, which breaks down to an hourly rate of $22.

However, a Commercial Loan Processor I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $51,925
  • Majority Range (25th-75th percentile): $41,659 to $48,615
  • Entry-Level (10th percentile): $38,636
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Commercial Loan Processor I Salaries

A Commercial Loan Processor I'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, education and company size can directly affect your earning potential.

How Experience Level Affects Commercial Loan Processor I Salaries?

Experience is a primary driver of a Commercial Loan Processor I'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:

  • Entry-Level (less than 1 year): $43,096
  • Early Career (1-2 years): $43,344
  • Mid-Level (2-4 years): $45,359
  • Senior-Level (5-8 years): $47,801
  • Expert (over 8 years): $47,964
Levels Salary
Entry Level Commercial Loan Processor I$43,096
Intermediate Level Commercial Loan Processor I$43,344
Senior Level Commercial Loan Processor I$45,359
Specialist Level Commercial Loan Processor I$47,801
Expert Level Commercial Loan Processor I$47,964
View as Graph

How Do Commercial Loan Processor Is Salaries Vary from State to State?

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 Processor Is. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $49,801.
  • California: $49,612.
  • Massachusetts: $48,951.

Top Paying Cities for Commercial Loan Processor I

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $56,732
  • San Francisco: $56,111
  • Oakland: $54,928

What Skills Can Increase a Commercial Loan Processor I's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 7.9% Job Postings): 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.
  • Microsoft Word (Mentioned in 1.8% Job Postings): 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
  • Commercial Banking (Mentioned in 1.34% Job Postings): 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).
Skills Demand Percentage
Customer Service 7.9%
Microsoft Word 1.8%
Commercial Banking 1.34%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Commercial Loan Processor I's salary.

  • Analytical Skills: Can increase your salary by up to 35%.
  • Spreadsheet Software: Can increase your salary by up to 29%.
  • Leadership: Can increase your salary by up to 23%.
Skill Salary Salary % Increase
Analytical Skills $60,722
35%
Spreadsheet Software $58,023
29%
Leadership $55,324
23%
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Commercial Loan Processor I Salary by Company Size: Startups vs. Enterprise

Commercial Loan Processor I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $48,427. While startup companies pay approximate $41,043.

Commercial Loan Processor I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $41,043
Growth Stage 51~500 $43,396
Established 501~5000 $46,781
Enterprise 5000+ $48,427

Commercial Loan Processor I Salary by Industry: Top Paying Sectors

For Commercial Loan Processor I roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Commercial Loan Processor positions in Insurance or Business Services typically offer lower base pay, as these industries often view Commercial Loan Processor I as a support function rather than a direct revenue driver.

The top paying industries for a Commercial Loan Processor I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$67,468$32.050%
Edu., Gov't. & Nonprofit$53,975$26.020%

How Education impacts an Commercial Loan Processor I's Salary?

Your level of education can impact your salary potential. While many Commercial Loan Processor I enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Commercial Loan Processor I with a Bachelor's Degree is between $43,808 and $46,818.

Commercial Loan Processor I Salaries by Degree Level

Typical Education for Commercial Loan Processor I
Degree Level % of user with this level of education
No Diploma 2.1%
High School 25.5%
Associates 8.5%
Bachelors 57.4%
Masters 6.4%
Doctorate 0.0%
View as Graph

Commercial Loan Processor I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Loan Processor I'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 August 01, 2026
$41,659
Average $44,979/year
$48,615
$3,472
Average $3,748/month
$4,051
$801
Average $865/week
$935
$20
Average $22/hour
$23
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $48,615 $4,051 $935 $23
Average $44,979 $3,748 $865 $22
25th Percentile $41,659 $3,472 $801 $20

Commercial Loan Processor I Salary Growth & Career Path

Commercial Loan Processor I

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Commercial Loan Processor I, 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
Mortgage Closer II $50,470 12%
Loan Processor II $48,903 9%
Commercial Loan Processor II $49,767 11%
Mortgage Loan Processor II $50,144 11%

Most common benefits for Commercial Loan Processor I

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Commercial Loan Processor I

Here are companies hiring for Commercial Loan Processor I and their salaries, click below for more details.

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FAQ about Commercial Loan Processor I

1. Where can a Commercial Loan Processor I earn the most?

A Commercial Loan Processor I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Loan Processor I earns the most in San Jose, CA, where the annual salary of a Commercial Loan Processor I is $56,732.

2. What is the highest pay for Commercial Loan Processor I?

The highest pay for Commercial Loan Processor I is $51,925.

3. What is the lowest pay for Commercial Loan Processor I?

The lowest pay for Commercial Loan Processor I is $38,636.

4. What are the responsibilities of Commercial Loan Processor I?

Processes commercial loan applications to provide financing for businesses, support timely origination, and ensure completeness and accuracy of documentation before funding. Reviews loan files to confirm revenue, cash-flow, credit history, assets, and collateral details in accordance with lending policies and regulatory standards. Communicates with borrowers, loan officers, and underwriters to obtain missing documentation and clarify application details. Prepares loan packages for underwriting review and ensures all required documents are properly organized and submitted. Maintains accurate records in loan processing systems and monitors application status to ensure timely progression through the approval process. Tracks and monitors due dates and responds to borrower inquiries. Requires a high school diploma. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.

5. What industry pays the highest salary for Commercial Loan Processor I?

The Financial Services industry offers the highest average compensation for Commercial Loan Processor I roles, with salaries approximately 50% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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