Commercial Loan Processor Salary in Bunch, Oklahoma

Commercial Loan Processor Salary in Bunch, OK

How much does a Commercial Loan Processor make in Bunch, OK? The average Commercial Loan Processor salary in Bunch, OK is $45,653 as of August 27, 2024, but the range typically falls between $40,154 and $53,461. 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. 

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Commercial Loan Processor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Processor Salary $35,148 Bunch,OK August 27, 2024
25th Percentile Commercial Loan Processor Salary $40,154 Bunch,OK August 27, 2024
50th Percentile Commercial Loan Processor Salary $45,653 Bunch,OK August 27, 2024
75th Percentile Commercial Loan Processor Salary $53,461 Bunch,OK August 27, 2024
90th Percentile Commercial Loan Processor Salary $60,569 Bunch,OK August 27, 2024
25% $40,154 10% $35,148 90% $60,569 75% $53,461 $45,653 50%(Median) Didn’t find job title? Click
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COMMERCIAL LOAN DOC PREP ASSOCIATE

BancFirst Corporation - Oklahoma City, OK

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Commercial Loan Processor

Blue Sky Bank - , OK

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Commercial Loan Processor

Blue Sky Bank - Tulsa, OK

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Commercial Loan Processor

Blue Sky Bank - Cushing, OK

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What skills does a Commercial Loan Processor need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: 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.

2.

General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

3.

Employee Assistance Programs: Assisting employees with work-related problems that may impact their job performance, health, mental and emotional well-being.

See More Skills
Customer Service 4.68%
General Ledger 1.84%
Employee Assistance Programs 1.3%
Others 92.18%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Processor higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Underwriting, you can get a 18% salary raise. If you are good at Commercial Loans, your salary will increase by 9%. If you are expert in Written Communication, your salary will rise by 9%.
Skill Salary Demand
Underwriting
 $53,871
18%
Commercial Loans
 $49,762
9%
Written Communication
 $49,762
9%
Problem Solving
 $47,936
5%
Attention to Detail
 $47,479
4%
Time Management
 $47,023
3%
Get Latest Data
Last Updated on August 27, 2024

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Job Description for Commercial Loan Processor

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. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Commercial Loan Processor information for you to search for. Click on search button below to see Commercial Loan Processor job openings or enter a new job title here.

Job Openings for Commercial Loan Processor in Bunch, OK
  • BancFirst Corporation - Oklahoma City, OK
    Commercial Loan Document Prep Associate Oklahoma City, OK Onsite PositionBancFirst Tower, Downtown Oklahoma City100 N. Broadway Avenue, Oklahoma City, OK 7...
    - 4 Days Ago
  • Blue Sky Bank - , OK
    Join Blue Sky Bank's dedicated team as a Commercial Loan Processor in Tulsa, Oklahoma. About Blue Sky Bank. For over a century, Blue Sky Bank has stood as ...
    - 1 Day Ago
  • Blue Sky Bank - Tulsa, OK
    Join Blue Sky Bank's dedicated team as a Commercial Loan Processor in Tulsa, Oklahoma. About Blue Sky Bank. For over a century, Blue Sky Bank has stood as ...
    - 2 Days Ago
  • Blue Sky Bank - Cushing, OK
    Join Blue Sky Bank's dedicated team as a Commercial Loan Processor. About Blue Sky Bank. For over a century, Blue Sky Bank has stood as a beacon of excelle...
    - 1 Day Ago
  • F&M Bank - Oklahoma City, OK
    Job Summary. This position's primary duties are to 1) order appraisals and title work, 2) file mortgages, 3) work TE's for final title work, 4) prepare loa...
    - 4 Days Ago

Career Path for Commercial Loan Processor

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Loan Processor, the first career path typically starts with a Loan Processor III position, and then Loan Processing Supervisor.

The second career path typically progresses to Loan Processing Assistant Manager.

Additionally, the third career path typically progresses to Loan Processing Manager.

Commercial Loan Processor
Loan Processor III
Loan Processing Assistant Manager
Loan Processing Manager
Loan Processing Supervisor
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
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's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2023
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Commercial Loan Processor Pay Difference by Location

Commercial Loan Processor salary varies from city to city. Compared with national average salary of Commercial Loan Processor, the highest Commercial Loan Processor salary is in San Francisco, CA, where the Commercial Loan Processor salary is 25.0% above. The lowest Commercial Loan Processor salary is in Miami, FL, where the Commercial Loan Processor salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Commercial Loan Processor, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
40154
53461
45653

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
41351
55858
47341
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 Bunch, OK. The base salary for Commercial Loan Processor ranges from $40,154 to $53,461 with the average base salary of $45,653. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $41,351 to $55,858 with the average total cash compensation of $47,341.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

40154
53461

 

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About Bunch, Oklahoma    Bunch is an unincorporated community in southwestern Adair County, Oklahoma, United States. It was named after a Cherokee vice-chief named Rabbit Bun....More

Bunch, Oklahoma  area prices were up 1.2% from a year ago    View the Cost of Living in Bunch, Oklahoma

Commercial Loan Processor Salary in popular cities: Oklahoma City, Tulsa, Norman

Skills associated with Commercial Loan Processor: Loan Software, Inquiry Research/Response, Banking Software, Quality Assurance Process ...More

Recently searched related titles: Commercial Loan Documentation, Commercial Banking Assistant, Commercial Lines Processor

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