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Commercial Loan Processor II Salary in the United States

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

As of August 01, 2026, the average salary for a Commercial Loan Processor II in the United States is $49,767 per year, which breaks down to an hourly rate of $24.

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

  • Top Earners (90th percentile): $59,289
  • Majority Range (25th-75th percentile): $45,993 to $54,751
  • Entry-Level (10th percentile): $42,557

Key Factors That Influence Commercial Loan Processor II Salaries

A Commercial Loan Processor II'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 II Salaries?

Experience is a primary driver of a Commercial Loan Processor II'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): $47,627
  • Early Career (1-2 years): $47,908
  • Mid-Level (2-4 years): $50,288
  • Senior-Level (5-8 years): $53,635
  • Expert (over 8 years): $53,858
Levels Salary
Entry Level Commercial Loan Processor II$47,627
Intermediate Level Commercial Loan Processor II$47,908
Senior Level Commercial Loan Processor II$50,288
Specialist Level Commercial Loan Processor II$53,635
Expert Level Commercial Loan Processor II$53,858

Top Paying Cities for Commercial Loan Processor II

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: $62,771
  • San Francisco: $62,084
  • Oakland: $60,775

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

Demanded Skills for the Role:

  • Customer Service (Mentioned in 4.84% 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.
  • Loan Review (Mentioned in 1.98% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.
  • Commercial Banking (Mentioned in 1.35% 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 4.84%
Loan Review 1.98%
Commercial Banking 1.35%

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 II's salary.

  • Motivating: Can increase your salary by up to 43%.
  • Commercial Banking: Can increase your salary by up to 19%.
  • Underwriting: Can increase your salary by up to 18%.
Skill Salary Salary % Increase
Motivating $71,167
43%
Commercial Banking $59,223
19%
Underwriting $58,725
18%

Commercial Loan Processor II Salary by Company Size: Startups vs. Enterprise

Commercial Loan Processor II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $53,023. While startup companies pay approximate $45,024.

Commercial Loan Processor II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $45,024
Growth Stage 51~500 $47,579
Established 501~5000 $51,250
Enterprise 5000+ $53,023

Commercial Loan Processor II Salary by Industry: Top Paying Sectors

For Commercial Loan Processor II roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Commercial Loan Processor positions in Business Services typically offer lower base pay, as this sector often view Commercial Loan Processor II as a support function rather than a direct revenue driver.

The top paying industries for a Commercial Loan Processor II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$54,744$26.010%
Edu., Gov't. & Nonprofit$52,255$25.05%

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

Your level of education can impact your salary potential. While many Commercial Loan Processor II 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 II with a Bachelor's Degree is between $50,062 and $54,023.

Commercial Loan Processor II Salaries by Degree Level

Typical Education for Commercial Loan Processor II
Degree Level % of user with this level of education
No Diploma 1.7%
High School 32.2%
Associates 22.0%
Bachelors 37.3%
Masters 5.9%
Doctorate 0.8%

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

Understanding how a Commercial Loan Processor II'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
$45,993
Average $49,767/year
$54,751
$3,833
Average $4,147/month
$4,563
$884
Average $957/week
$1,053
$22
Average $24/hour
$26
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $54,751 $4,563 $1,053 $26
Average $49,767 $4,147 $957 $24
25th Percentile $45,993 $3,833 $884 $22

Commercial Loan Processor II Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Commercial Loan Processor II, 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.

Commercial Loan Processor II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Mortgage Closer III $57,273 15%
Loan Processor III $59,291 19%
Commercial Loan Processor III $53,291 7%
Mortgage Loan Processor III $63,342 27%

Most common benefits for Commercial Loan Processor II

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

Common company salaries for Commercial Loan Processor II

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

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FAQ about Commercial Loan Processor II

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

A Commercial Loan Processor II'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 II earns the most in San Jose, CA, where the annual salary of a Commercial Loan Processor II is $62,771.

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

The highest pay for Commercial Loan Processor II is $59,289.

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

The lowest pay for Commercial Loan Processor II is $42,557.

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

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 moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience.

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

The Financial Services industry offers the highest average compensation for Commercial Loan Processor II roles, with salaries approximately 10% 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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