How much does a Commercial Loan Processor make in the United States? The average Commercial Loan Processor salary in the United States is $49,285 as of September 26, 2022, but the range typically falls between $43,064 and $57,806. 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.
Commercial Loan Processor performs administrative tasks for commercial loan processing. Coordinates with lenders, customers, and external vendors to collect and prepare all required documentation for closings. Being a Commercial Loan Processor ensures that loan packages are complete, and documentation correctly prepared within required timelines. Inputs and maintains all required transaction and processing records according to procedures. Additionally, Commercial Loan Processor responds to inquiries. Prepares required regulatory reporting. May require an associate degree. Typically reports to a supervisor. The Commercial Loan Processor works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Commercial Loan Processor typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification. (Copyright 2022 Salary.com)... View full job description
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
LTC PROPERTIES INC
Fiscal Year Ended in 2021
What does a Commercial Loan Processor do?
Commercial Loan Processor in Santa Maria, CA
The Banking and Commercial Loan Processing will be familiar with the practices and procedures previously implemented, in addition to the pre-existing guidelines necessary to perform these duties to the best of their ability.
January 27, 2020
Commercial Loan Processor in Racine, WI
To become a commercial loan processor, you do not necessarily need a college degree.
Browse Related Job Categories With Commercial Loan Processor
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Processor in the United States. The base salary for Commercial Loan Processor ranges from $43,064 to $57,806 with the average base salary of $49,285. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,530 to $60,363 with the average total cash compensation of $51,336.