As of April 01, 2025, the average annual salary for a Commercial Loan Processor in Iowa is $66,335. Salary.com reports that pay typically ranges from $60,363 to $73,680, with most professionals earning between $54,925 and $80,368.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $73,680 | $6,140 | $1,417 | $35 |
| Average | $66,335 | $5,528 | $1,276 | $32 |
| 25th Percentile | $60,363 | $5,030 | $1,161 | $29 |
An entry-level Commercial Loan Processor with under 1 year experience makes about $62,948. With less than 2 years of experience, a mid-level Commercial Loan Processor makes around $63,394. After 2-4 years, the Commercial Loan Processor pay rises to about $67,103. Those senior Commercial Loan Processor with 5-8 years of experience earn roughly $72,036, and those Commercial Loan Processor having 8 years or more experience are expected to earn about $72,365 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Processor | $62,948 |
| Intermediate Level Commercial Loan Processor | $63,394 |
| Senior Level Commercial Loan Processor | $67,103 |
| Specialist Level Commercial Loan Processor | $72,036 |
| Expert Level Commercial Loan Processor | $72,365 |
| Entry Level | 9% |
| Mid Level | 9% |
| Senior Level | 3% |
| Top Level | 4% |
| Experienced | 4% |
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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 24.9% above. The lowest Commercial Loan Processor salary is in Miami, FL, where the Commercial Loan Processor salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $86,569 |
24.9%
|
| Washington, DC | $76,747 |
10.7%
|
| Miami, FL | $66,599 |
|
| Chicago, IL | $71,631 |
3.3%
|
| Boston, MA | $77,308 |
11.5%
|
| New York, NY | $80,330 |
15.9%
|
