How much does a Commercial Loan Processor make in Hopeton, OK? The average Commercial Loan Processor salary in Hopeton, OK is $47,797 as of August 27, 2024, but the range typically falls between $42,040 and $55,971. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Commercial Loan Processor Salary | $36,799 | Hopeton,OK | August 27, 2024 |
25th Percentile Commercial Loan Processor Salary | $42,040 | Hopeton,OK | August 27, 2024 |
50th Percentile Commercial Loan Processor Salary | $47,797 | Hopeton,OK | August 27, 2024 |
75th Percentile Commercial Loan Processor Salary | $55,971 | Hopeton,OK | August 27, 2024 |
90th Percentile Commercial Loan Processor Salary | $63,414 | Hopeton,OK | August 27, 2024 |
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.
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.
General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
Employee Assistance Programs: Assisting employees with work-related problems that may impact their job performance, health, mental and emotional well-being.
Skill | Salary | Demand |
---|---|---|
Underwriting
|
$56,401 |
18%
|
Commercial Loans
|
$52,099 |
9%
|
Written Communication
|
$52,099 |
9%
|
Problem Solving
|
$50,187 |
5%
|
Attention to Detail
|
$49,709 |
4%
|
Time Management
|
$49,231 |
3%
|
What Should I Pay?
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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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.
Salary.com's CompAnalyst platform offers:
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.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Clerk | Experience 1 - 3 | EducationAssociates | Salary Compared to This Job |
Job Title Commercial Loan Clerk, Sr. | Experience 3 - 5 | EducationAssociates | Salary Compared to This Job |
Job Title Commercial Loan Officer V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Loan Processor I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Commercial Loan Processor salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commercial Loan Processor salary varies from category to category. Click below to see Commercial Loan Processor salary in different categories.
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About Hopeton, Oklahoma Hopeton is an unincorporated community in Woods County, Oklahoma, United States. Hopeton is located along U.S. Route 281 8 miles (13 km) south of Alva....More
Hopeton, Oklahoma area prices were up 1.2% from a year ago View the Cost of Living in Hopeton, 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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