How Much Does a Commercial Loan Assistant Make in New Jersey?

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

Low Confidence
$58,420/yr
Average Base Pay
Low $50,130
Average $58,420
High $68,261
The average salary for Commercial Loan Assistant is $58,420 per year in New Jersey.
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Related Job Titles to Commercial Loan Assistant

Commercial Loan Administrative Assistant
$49,267
New Jersey
Per Year
Commercial Real Estate Loan Assistant Manager
$175,400
New Jersey
Per Year
Commercial Loan Clerk
$49,686
New Jersey
Per Year
Commercial Loan Review Manager
$150,263
New Jersey
Per Year

Similar Job Salaries to Commercial Loan Assistant by Company

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Company average base salary in (usd) range
Gpac
Commercial loan assistant
$54,101/yr
$46,712
$61,491
RANGE: $46,712 - $61,491
Hamlyn Williams
Commercial Loan Servicing (VP)
$89,190/yr
$75,486
$102,894
RANGE: $75,486 - $102,894
First Bank
Commercial Loan Administrator
$89,549/yr
$73,570
$105,527
RANGE: $73,570 - $105,527
Amplify Recruiting
Commercial Loan Underwriter
$127,605/yr
$106,369
$148,841
RANGE: $106,369 - $148,841
Agriculture, Rural Development
Loan Specialist (Commercial)
$86,499/yr
$72,850
$100,149
RANGE: $72,850 - $100,149
Unity Bank
Commercial Loan Officer
$121,131/yr
$101,112
$141,149
RANGE: $101,112 - $141,149
First Commerce Bank
VP, Commercial Loan Officer
$130,844/yr
$106,412
$155,277
RANGE: $106,412 - $155,277
First Hope Bank
Commercial Loan Officer
$119,656/yr
$99,882
$139,431
RANGE: $99,882 - $139,431

Open Commercial Loan Assistant Jobs in New Jersey

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Top 10 Highest Paying Cities For Commercial Loan Assistant Jobs in New Jersey

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 New Jersey. 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 New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Commercial Loan Assistant salary is $62,258 in Jersey City, which is higher than the national average. There are 33 cities' Commercial Loan Assistant salary higher than national average in New Jersey.
The average salary for a Commercial Loan Assistant in New Jersey is $58,420, but we found that the city with the highest salary for Commercial Loan Assistant jobs is Jersey City, NJ, and it is higher than Union City. Commercial Loan Assistant jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $62,258 $5,188 $1,197 $30
Union City $62,258 $5,188 $1,197 $30
Hoboken $62,258 $5,188 $1,197 $30
West New York $62,258 $5,188 $1,197 $30
Paramus $61,405 $5,117 $1,181 $30
Paterson $61,352 $5,113 $1,180 $29
Clifton $61,352 $5,113 $1,180 $29
Passaic $61,352 $5,113 $1,180 $29
Bloomfield $61,352 $5,113 $1,180 $29
Wayne $61,352 $5,113 $1,180 $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 New Jersey?

The Commercial Loan Assistant salary range is from $50,130 to $68,261, and the average Commercial Loan Assistant salary is $58,420/year in New Jersey. 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.