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What is the salary range of Commercial Loan Processor?

As of December 01, 2024, the average annual pay of Commercial Loan Processor in Texarkana, AR is $47,875. While Salary.com is seeing that Commercial Loan Processor salary in Texarkana, AR can go up to $63,516 or down to $36,862, but most earn between $42,110 and $56,062. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Processor in the United States.

Commercial Loan Processor Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $61,674 $5,140 $1,186 $30
Average $52,668 $4,389 $1,013 $25
25th Percentile $46,326 $3,861 $891 $22

Average Salary

25% $42,110 10% $36,862 90% $63,516 75% $56,062 $47,875 50%(Median) Didn’t find job title? Click
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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 December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Commercial Loan Processor $44,393
Intermediate Level Commercial Loan Processor $44,821
Senior Level Commercial Loan Processor $48,499
Specialist Level Commercial Loan Processor $53,973
Expert Level Commercial Loan Processor $54,338
$44,393 0 yr
$44,821 < 2 yrs
$48,499 2-4 yrs
$53,973 5-8 yrs
$54,338 > 8 yrs
Last Updated on December 01, 2024
Entry Level 16%
Mid Level 15%
Senior Level 8%
Top Level 2%
Experienced 3%
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Last Updated on December 01, 2024

Job Openings of Commercial Loan Processor

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.

Cost of Living In Texarkana, AR

Cost of Living in Texarkana , AR is
-9.6% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Commercial Loan Processor

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.

Customer Service 4.68%
General Ledger 1.84%
Employee Assistance Programs 1.3%
Others 92.18%
View as Table
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 Motivating, you can get a 43% salary raise. If you are good at Commercial Banking, your salary will increase by 19%. If you are expert in Underwriting, your salary will rise by 18%.
Skill Salary Demand
Motivating
$68,461
43%
Commercial Banking
$56,971
19%
Underwriting
$56,492
18%
Leadership
$56,013
17%
Analysis
$54,577
14%
Economics
$54,577
14%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commercial Loan Processor is $47,875 per year in Texarkana, AR, updated at December 01, 2024.
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