As of March 01, 2025, the average annual salary for a Commercial Loan Director in Skokie, IL is $247,361. Salary.com reports that pay typically ranges from $220,456 to $272,438, with most professionals earning between $195,961 and $295,270.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $259,713 | $21,643 | $4,994 | $125 |
| Average | $235,807 | $19,651 | $4,535 | $113 |
| 25th Percentile | $210,159 | $17,513 | $4,042 | $101 |
An entry-level Commercial Loan Director with under 1 year experience makes about $234,521. With less than 2 years of experience, a mid-level Commercial Loan Director makes around $235,712. After 2-4 years, the Commercial Loan Director pay rises to about $237,695. Those senior Commercial Loan Director with 5-8 years of experience earn roughly $240,473, and those Commercial Loan Director having 8 years or more experience are expected to earn about $244,440 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Director | $234,521 |
| Intermediate Level Commercial Loan Director | $235,712 |
| Senior Level Commercial Loan Director | $237,695 |
| Specialist Level Commercial Loan Director | $240,473 |
| Expert Level Commercial Loan Director | $244,440 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 4% |
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