How Much Does a Commercial Loan Assistant Make in Massachusetts?

Updated May 28, 2024
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Individually reported data submitted by users of our website

Low Confidence
$57,994/yr
Average Base Pay
Low $49,764
Average $57,994
High $67,762
The average salary for Commercial Loan Assistant is $57,994 per year in Massachusetts.
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Related Job Titles to Commercial Loan Assistant

Commercial Loan Administrative Assistant
$48,908
Massachusetts
Per Year
Commercial Real Estate Loan Assistant Manager
$174,100
Massachusetts
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Commercial Loan Clerk
$49,323
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Commercial Loan Review Manager
$149,166
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Similar Job Salaries to Commercial Loan Assistant by Company

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Company average base salary in (usd) range
MutualOne Bank
Commercial Loan Assistant
$57,055/yr
$48,978
$65,132
RANGE: $48,978 - $65,132
Haverhill Bank
Commercial Loan Assistant
$78,514/yr
$66,565
$90,463
RANGE: $66,565 - $90,463
Make Your Move
Commercial Loan Assistant I (Aviation Lending)
$81,554/yr
$69,023
$94,085
RANGE: $69,023 - $94,085
Salem Five Bank
Commercial Loan Assistant I (Aviation Lending)
$81,554/yr
$69,023
$94,085
RANGE: $69,023 - $94,085
Northern Bank
Commercial Loan Operations Specialist
$70,131/yr
$60,257
$80,005
RANGE: $60,257 - $80,005
KBW Financial Staffing & Recruiting
Commercial Loan Servicing Coordinator
$50,944/yr
$44,362
$57,526
RANGE: $44,362 - $57,526
Rockland Trust Career Site
Commercial Loan Officer - Franklin
$112,494/yr
$93,903
$131,084
RANGE: $93,903 - $131,084
Northern Bank
Commercial Loan Officer
$118,076/yr
$98,563
$137,589
RANGE: $98,563 - $137,589
Reading Cooperative Bank
Commercial Loan Portfolio Manager
$136,732/yr
$114,182
$159,282
RANGE: $114,182 - $159,282
Make Your Move
Commercial Loan Underwriter
$96,698/yr
$80,487
$112,908
RANGE: $80,487 - $112,908

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Top 10 Highest Paying Cities For Commercial Loan Assistant Jobs in Massachusetts

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Loan Assistant can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Loan Assistant job salaries in Massachusetts. Some cities can pay higher salaries for Commercial Loan Assistant jobs, which can indicate that there is a large demand for Commercial Loan Assistant positions in this city.
The following table shows top 10 cities where the Commercial Loan Assistant salary is higher than other cities in Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Commercial Loan Assistant salary is $59,753 in Boston, which is higher than the national average. There are 36 cities' Commercial Loan Assistant salary higher than national average in Massachusetts.
The average salary for a Commercial Loan Assistant in Massachusetts is $57,994, but we found that the city with the highest salary for Commercial Loan Assistant jobs is Boston, MA, and it is higher than Cambridge. Commercial Loan Assistant jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boston $59,753 $4,979 $1,149 $29
Cambridge $59,753 $4,979 $1,149 $29
Waltham $59,753 $4,979 $1,149 $29
Newton $59,753 $4,979 $1,149 $29
Arlington $59,753 $4,979 $1,149 $29
Brookline $59,753 $4,979 $1,149 $29
Lynn $59,753 $4,979 $1,149 $29
Malden $59,753 $4,979 $1,149 $29
Medford $59,753 $4,979 $1,149 $29
Quincy $59,753 $4,979 $1,149 $29

What Does a Commercial Loan Assistant Do?

Commercial lending assistants also need outstanding verbal and written communication and customer service skills and the ability to stay organized and manage their time wisely.
Updated December 22, 2021
Your duties as a commercial lending assistant are to suggest loans that fit each client’s needs, review loan applications and other documents, and process loans for business clients.
Updated December 20, 2021
Loan Assistants act as a support primarily to multiple Commercial Loan Officers but may also assist Consumer and Residential Real Estate Loan Officers.
Updated December 15, 2021
Additional duties involve managing an existing commercial loan portfolio and knowing potential growth or risk within the portfolio.
Updated December 08, 2021
A commercial lending assistant works with business accounts to assist them with loans they need for business purposes.
Updated December 02, 2021

Frequently Asked Questions About a Commercial Loan Assistant Salaries

What is the average of a Commercial Loan Assistant in Massachusetts?

The Commercial Loan Assistant salary range is from $49,764 to $67,762, and the average Commercial Loan Assistant salary is $57,994/year in Massachusetts. The Commercial Loan Assistant's salary will change in different locations.

Which location pays the highest Commercial Loan Assistant salary in the United States?

The Commercial Loan Assistant salary in San Jose, CA is $66,895 which is the highest in the US.

What kinds of reasons will influence the Commercial Loan Assistant's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Commercial Loan Assistant.

What is the growth rate of the Commercial Loan Assistant's salary?

If you are thinking of becoming a Commercial Loan Assistant or planning the next step in your career, find the detailed salary report of a Commercial Loan Assistant.