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As of August 01, 2026, the average salary for a Commercial Loan Assistant in New York is $57,739 per year, which breaks down to an hourly rate of $28.
However, a Commercial Loan Assistant's salary can vary significantly. Here’s a look at the typical salary range:
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Commercial Loan Assistant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $62,223 | $5,185 | $1,197 | $30 |
| Average | $57,739 | $4,812 | $1,110 | $28 |
| 25th Percentile | $53,541 | $4,462 | $1,030 | $26 |
Quintessential Mortgage Group - Port Chester, NY
GoRascal - New York, NY
The Schiattà Team at CrossCountry Mortgage - Melville, NY
Interstate Home Loan Center, Inc. - Melville, NY
A Commercial Loan Assistant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Commercial Loan Assistant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Assistant | $55,815 |
| Intermediate Level Commercial Loan Assistant | $56,106 |
| Senior Level Commercial Loan Assistant | $56,864 |
| Specialist Level Commercial Loan Assistant | $60,199 |
| Expert Level Commercial Loan Assistant | $62,006 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Loan Assistants. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Commercial Loan Assistant roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 30% above the average. In contrast, Commercial Loan Assistant positions in Edu., Gov't. & Nonprofit or Business Services typically offer lower base pay, as these industries often view Commercial Loan Assistant as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $75,061 | $36.0 | 30% |
Understanding how a Commercial Loan Assistant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $62,223 | $5,185 | $1,197 | $30 |
| Average | $57,739 | $4,812 | $1,110 | $28 |
| 25th Percentile | $53,541 | $4,462 | $1,030 | $26 |
Ready to take the next step in your career? Browse thousands of current Commercial Loan Assistant job openings on our job board. Use the search bar below to find your perfect match.
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