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How much does a Commercial Real Estate Loan Officer II make?

As of December 01, 2024, the average annual pay of Commercial Real Estate Loan Officer II in the United States is $115,663. While Salary.com is seeing that Commercial Real Estate Loan Officer II salary in the US can go up to $155,937 or down to $79,334, but most earn between $96,647 and $136,744. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Real Estate Loan Officer II in the United States.

Commercial Real Estate Loan Officer II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $136,744 $11,395 $2,630 $66
Average $115,663 $9,639 $2,224 $56
25th Percentile $96,647 $8,054 $1,859 $46

Average Salary

25% $96,647 10% $79,334 90% $155,937 75% $136,744 $115,663 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as a Commercial Real Estate Loan Officer II?

As of December 01, 2024, the average hourly salary is $56 (range: $38 to $75); the average monthly salary is $9,639 (range: $6,611 to $12,995).

Click the switch button below to see weekly and yearly salary of a Commercial Real Estate Loan Officer II.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Commercial Real Estate Loan Officer II with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Commercial Real Estate Loan Officer II with under 1 year experience makes about $108,879. With less than 2 years of experience, a mid-level Commercial Real Estate Loan Officer II makes around $109,444. After 2-4 years, the Commercial Real Estate Loan Officer II pay rises to about $113,115. Those senior Commercial Real Estate Loan Officer II with 5-8 years of experience earn roughly $122,920, and those Commercial Real Estate Loan Officer II having 8 years or more experience is expected to earn about $126,051 on average.

Levels Salary
Entry Level Commercial Real Estate Loan Officer II $108,879
Intermediate Level Commercial Real Estate Loan Officer II $109,444
Senior Level Commercial Real Estate Loan Officer II $113,115
Specialist Level Commercial Real Estate Loan Officer II $122,920
Expert Level Commercial Real Estate Loan Officer II $126,051
$108,879 0 yr
$109,444 < 2 yrs
$113,115 2-4 yrs
$122,920 5-8 yrs
$126,051 > 8 yrs
Last Updated on December 01, 2024
Entry Level 6%
Mid Level 5%
Senior Level 2%
Top Level 6%
Experienced 9%
View as graph
Last Updated on December 01, 2024

How much does salary of Commercial Real Estate Loan Officer II vary from state to state?

How much does salary of Commercial Real Estate Loan Officer II vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Commercial Real Estate Loan Officer II in San Francisco, CA is $144,578 and in New York, NY, the average annual salary goes to $135,094. While a Commercial Real Estate Loan Officer II earns $129,658 per year in Boston, MA.

What is the salary trend of Commercial Real Estate Loan Officer II?

For those exploring the changing dynamics of Commercial Real Estate Loan Officer II salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Commercial Real Estate Loan Officer II compensation over the past six years. For instance, the median salary has moved from $71,691 in 2023 to about $69,959 in 2024 (for a comprehensive analysis of Commercial Real Estate Loan Officer II salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Commercial Real Estate Loan Officer II Over Time

2020
$???
2021
$???
2022
$???
$71,691
2023
$69,959
2024
$68,904
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$71,691
2024
$69,959
2025
$68,904
2026
$???
Last Updated on December 01, 2024

Commercial Real Estate Loan Officer II Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $71,691
2024 $69,959
2025 $68,904
2026 View More
Last Updated on December 01, 2024

Job Openings of Commercial Real Estate Loan Officer II

Salary.com job board provides millions of Commercial Real Estate Loan Officer II information for you to search for. Click on search button below to see Commercial Real Estate Loan Officer II job openings or enter a new job title here.

Most Common Benefits for Commercial Real Estate Loan Officer II

Based on HR-reported data: a national average with a geographic differential
Base Salary 66.1%
Bonuses 7.6%
Social Security 5.6%
401k/403b 3.5%
Disability 0.6%
Healthcare 3.5%
Pension 4.1%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $115,663 66.1%
Bonus $13,367 7.6%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,871 5.6%
401K/403B $6,064 3.5%
Disability $1,032 0.6%
Healthcare $6,056 3.5%
Pension $7,097 4.1%
Time Off $15,881 9.1%
Total Compensation $175,031 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

What are the salaries of a Commercial Real Estate Loan Officer II with different levels of education?

Salaries for Commercial Real Estate Loan Officer II with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Commercial Real Estate Loan Officer II with a Bachelor's Degree is $107,468 - $118,223. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Commercial Real Estate Loan Officer II Salaries by Degree Level

Last Updated on December 01, 2024
Typical Education for Commercial Real Estate Loan Officer II
Degree Level % of user with this level of education
High School 2.0%
Bachelors 50.0%
Masters 48.0%
Typical Education for Commercial Real Estate Loan Officer II
High School 2.0%
Bachelors 50.0%
Masters 48.0%
view as table

Commercial Real Estate Loan Officer II Salaries by Degree Level

Last Updated on December 01, 2024

What Am I Worth?

FAQ about Commercial Real Estate Loan Officer II

1. What is the average salary of a Commercial Real Estate Loan Officer II?

The average annual salary of Commercial Real Estate Loan Officer II is $115,663. In case you are finding an easy salary calculator, the average hourly pay of Commercial Real Estate Loan Officer II is $56; the average weekly pay of Commercial Real Estate Loan Officer II is $2,224; the average monthly pay of Commercial Real Estate Loan Officer II is $9,639.

2. Where can a Commercial Real Estate Loan Officer II earn the most?

A Commercial Real Estate Loan Officer II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Real Estate Loan Officer II earns the most in San Jose, CA, where the annual salary of a Commercial Real Estate Loan Officer II is $145,157.

3. What is the highest pay for Commercial Real Estate Loan Officer II?

The highest pay for Commercial Real Estate Loan Officer II is $155,937.

4. What is the lowest pay for Commercial Real Estate Loan Officer II?

The lowest pay for Commercial Real Estate Loan Officer II is $79,334.

5. What are the responsibilities of Commercial Real Estate Loan Officer II?

Commercial Real Estate Loan Officer II solicits, structures, and services a variety of commercial real estate loans. Works mostly with moderately large and complex real estate loans including investments, development, and construction loans. Being a Commercial Real Estate Loan Officer II evaluates loan applicants and reviews appraisals, credit reports, and other information necessary to evaluate deals. Develops and maintains relationships and communication with current and potential borrowers. Additionally, Commercial Real Estate Loan Officer II coordinates with credit analysts to ensure the accuracy and completeness of loan analysis and documentation. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Real Estate Loan Officer II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Commercial Real Estate Loan Officer II typically requires 2 -4 years of related experience.

6. What are the skills of Commercial Real Estate Loan Officer II

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.)

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

3.)

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

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 Real Estate Loan Officer II is $115,663 per year in the United States, updated at December 01, 2024.
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