How much does a Commercial Loan Processor make in Peabody, MA?
As of March 01, 2025, the average annual salary for a Commercial Loan Processor in Peabody, MA is $59,356. Salary.com reports that pay typically ranges from $52,205 to $69,503, with most professionals earning between $45,694 and $78,741.
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 $54,649.
With less than 2 years of experience, a mid-level Commercial Loan Processor makes around $55,176.
After 2-4 years, the Commercial Loan Processor pay rises to about $59,703.
Those senior Commercial Loan Processor with 5-8 years of experience earn roughly $66,442, and those Commercial Loan Processor having 8 years or more experience are expected to earn about $66,891 on average.
Levels |
Salary |
Entry Level Commercial Loan Processor
|
$54,649
|
Intermediate Level Commercial Loan Processor
|
$55,176
|
Senior Level Commercial Loan Processor
|
$59,703
|
Specialist Level Commercial Loan Processor
|
$66,442
|
Expert Level Commercial Loan Processor
|
$66,891
|
$54,649
0 yr
$55,176
< 2 yrs
$59,703
2-4 yrs
$66,442
5-8 yrs
$66,891
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
3%
|
Mid Level
|
4%
|
Senior Level
|
13%
|
Top Level
|
25%
|
Experienced
|
26%
|
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Last Updated on March 01, 2025