How much does a Commercial Real Estate Loan Officer II make in Irvington, NJ? The average Commercial Real Estate Loan Officer II salary in Irvington, NJ is $126,771 as of February 26, 2024, but the range typically falls between $106,375 and $152,682. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Commercial Real Estate Loan Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Real Estate Loan Officer II Salary $87,806 Irvington,NJ February 26, 2024
25th Percentile Commercial Real Estate Loan Officer II Salary $106,375 Irvington,NJ February 26, 2024
50th Percentile Commercial Real Estate Loan Officer II Salary $126,771 Irvington,NJ February 26, 2024
75th Percentile Commercial Real Estate Loan Officer II Salary $152,682 Irvington,NJ February 26, 2024
90th Percentile Commercial Real Estate Loan Officer II Salary $176,272 Irvington,NJ February 26, 2024
25% $106,375 10% $87,806 90% $176,272 75% $152,682 $126,771 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Real Estate Loan Officer II 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.

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.

Customer Service 6.2%
Customer Relationship 2.47%
Pricing 1.41%
Others 89.92%

Job Description for 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. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Real Estate Loan Officer II in Irvington, NJ

Career Path for Commercial Real Estate Loan Officer II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Real Estate Loan Officer II, the upper level is Commercial Real Estate Loan Officer III and then progresses to Commercial Real Estate Lending Assistant Manager.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Commercial Real Estate Loan Officer II salary varies from city to city. Compared with national average salary of Commercial Real Estate Loan Officer II, the highest Commercial Real Estate Loan Officer II salary is in San Francisco, CA, where the Commercial Real Estate Loan Officer II salary is 25.0% above. The lowest Commercial Real Estate Loan Officer II salary is in Miami, FL, where the Commercial Real Estate Loan Officer II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Step 1 of 3

Understand the total compensation opportunity for a Commercial Real Estate Loan Officer II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
106375
152682
126771

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
117256
186554
145015
These charts show 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 Irvington, NJ. The base salary for Commercial Real Estate Loan Officer II ranges from $106,375 to $152,682 with the average base salary of $126,771. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $117,256 to $186,554 with the average total cash compensation of $145,015.
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106375
152682

 

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How much should you be paid?

About Irvington, New Jersey    Irvington is a township in Essex County, New Jersey, United States. As of the 2010 United States Census, the township had a total population of 53,926....More

Irvington, New Jersey  area prices were up 1.6% from a year ago    View the Cost of Living in Irvington, New Jersey

Commercial Real Estate Loan Officer II Salary in popular cities: NewarkJersey CityPaterson

Skills associated with Commercial Real Estate Loan Officer II: Commercial Customer Development, Lending Regulatory Compliance, Banking Software, Real Estate Appraisal Report ...More

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Jobs with a similar salary range to Commercial Real Estate Loan Officer II : Real Estate Agent Assistant, Real Estate Loan Processor, Real Estate Lender