How Much Does a Commercial Loan Coordinator Make in Kentucky?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Commercial Loan Coordinator in Kentucky is $43,132. While Salary.com is seeing that Commercial Loan Coordinator salary in KY can go up to $53,360 or down to $33,053, but most earn between $37,856 and $48,486. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Similar Job Salaries to Commercial Loan Coordinator by Company

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Company average base salary in (usd) range
Republic Bank & Trust Co
Commercial Loan Operations Specialist II
$56,180/yr
$47,635
$64,725
RANGE: $47,635 - $64,725
Cherry Bekaert
Risk Advisory Manager (Commercial Loan Review)
$130,951/yr
$112,169
$149,733
RANGE: $112,169 - $149,733
Bell Bank
Commercial Loan Coordinator
$67,745/yr
$58,195
$77,294
RANGE: $58,195 - $77,294
Mercantile Bank
Commercial Loan Coordinator I
$60,799/yr
$51,337
$70,260
RANGE: $51,337 - $70,260
Enterprise Bank & Trust
Senior Commercial Loan Coordinator
$57,815/yr
$48,860
$66,769
RANGE: $48,860 - $66,769
First Business Bank
Commercial Loan Coordinator - Hybrid
$57,884/yr
$49,080
$66,688
RANGE: $49,080 - $66,688
Frost
Commercial Loan Document Coordinator
$64,279/yr
$54,703
$73,855
RANGE: $54,703 - $73,855
Reinvestment Fund
Loan Coordinator - Commercial
$62,057/yr
$52,618
$71,495
RANGE: $52,618 - $71,495

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Top 10 Highest Paying Cities For Commercial Loan Coordinator Jobs in Kentucky

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Loan Coordinator 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 Coordinator job salaries in Kentucky. Some cities can pay higher salaries for Commercial Loan Coordinator jobs, which can indicate that there is a large demand for Commercial Loan Coordinator positions in this city.
The following table shows top 10 cities where the Commercial Loan Coordinator salary is higher than other cities in Kentucky. Covington takes first place in this list, followed by Louisville, Owensboro. The Commercial Loan Coordinator salary is $44,828 in Covington, which is lower than the national average. There is 0 city's Commercial Loan Coordinator salary higher than national average in Kentucky.
The average salary for a Commercial Loan Coordinator in Kentucky is $43,132, but we found that the city with the highest salary for Commercial Loan Coordinator jobs is Covington, KY, and it is higher than Louisville. Commercial Loan Coordinator jobs in Covington can have the opportunity to earn higher salaries than in other cities in Kentucky.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Covington $44,828 $3,736 $862 $22
Louisville $43,820 $3,652 $843 $21
Owensboro $43,178 $3,598 $830 $21
Lexington $42,628 $3,552 $820 $20
Richmond $42,216 $3,518 $812 $20
Frankfort $41,895 $3,491 $806 $20
Bowling Green $41,620 $3,468 $800 $20
Hopkinsville $41,253 $3,438 $793 $20

What Does a Commercial Loan Coordinator Do?

The primary qualifications for getting a job as a commercial loan processor are a bachelor's degree and at least one year of related experience.
Updated December 22, 2021
+ The Commercial Loan Coordinator will also make sure that the proposed transaction is in compliance with Credit Policy.
Updated December 21, 2021
As a commercial loan processor, you confirm receipt of the application, enter information into the lender’s database, and mail required disclosures and other documentation to the applicant.
Updated December 20, 2021
The qualifications that you need to start a career as a loan coordinator include math skills and knowledge of the loan application process.
Updated December 16, 2021
However, banks often prefer loan coordinators with an associate or bachelor’s degree in a business or finance-related field.
Updated December 12, 2021

Frequently Asked Questions About a Commercial Loan Coordinator Salaries

What is the average of a Commercial Loan Coordinator in Kentucky?

The Commercial Loan Coordinator salary range is from $37,856 to $48,486, and the average Commercial Loan Coordinator salary is $43,132/year in Kentucky. The Commercial Loan Coordinator's salary will change in different locations.

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

The Commercial Loan Coordinator salary in San Jose, CA is $57,525 which is the highest in the US.

What kinds of reasons will influence the Commercial Loan Coordinator'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 Coordinator.

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

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