How much does a Commercial Loan Processor make in Lafayette, IN?
As of March 01, 2025, the average annual salary for a Commercial Loan Processor in Lafayette, IN is $51,293. Salary.com reports that pay typically ranges from $45,114 to $60,062, with most professionals earning between $39,487 and $68,045.
How much does a Commercial Loan Processor make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Commercial Loan Processor salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Commercial Loan Processor hourly pay, weekly pay, monthly pay and so on.
Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$62,112 |
$5,176 |
$1,194 |
$30 |
Average |
$53,044 |
$4,420 |
$1,020 |
$26 |
25th Percentile |
$46,653 |
$3,888 |
$897 |
$22 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Commercial Loan Processor's Salary?
An entry-level Commercial Loan Processor with under 1 year experience makes about $47,226.
With less than 2 years of experience, a mid-level Commercial Loan Processor makes around $47,681.
After 2-4 years, the Commercial Loan Processor pay rises to about $51,593.
Those senior Commercial Loan Processor with 5-8 years of experience earn roughly $57,417, and those Commercial Loan Processor having 8 years or more experience are expected to earn about $57,805 on average.
Levels |
Salary |
Entry Level Commercial Loan Processor
|
$47,226
|
Intermediate Level Commercial Loan Processor
|
$47,681
|
Senior Level Commercial Loan Processor
|
$51,593
|
Specialist Level Commercial Loan Processor
|
$57,417
|
Expert Level Commercial Loan Processor
|
$57,805
|
$47,226
0 yr
$47,681
< 2 yrs
$51,593
2-4 yrs
$57,417
5-8 yrs
$57,805
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
11%
|
Mid Level
|
10%
|
Senior Level
|
3%
|
Top Level
|
8%
|
Experienced
|
9%
|
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Last Updated on March 01, 2025