Commercial Loan Coordinator Salaries in New Bedford, MA
How Much Does a Commercial Loan Coordinator Make in New Bedford, MA?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Commercial Loan Coordinator in New Bedford, MA is $48,541.
While Salary.com is seeing that Commercial Loan Coordinator salary in New Bedford, MA can go up to $60,051
or down to $37,198, but most earn between $42,604 and $54,566.
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.
Related Job Titles to Commercial Loan Coordinator
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Commercial Loan Coordinator by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Milford Federal
VP Commercial Loan Officer
|
$209,524/yr
|
RANGE: $158,991 - $260,057
|
|
Milford Federal Bank
VP Commercial Loan Officer
|
$209,524/yr
|
RANGE: $158,991 - $260,057
|
|
Seamen's Bank
Commercial Loan Processor/Closer
|
$57,805/yr
|
RANGE: $50,121 - $65,490
|
|
Cambridge Financial
Commercial Loan Servicing Manager
|
$77,607/yr
|
RANGE: $64,576 - $90,638
|
|
Haverhill Bank
Commercial Loan Assistant
|
$123,648/yr
|
RANGE: $101,333 - $145,963
|
|
Westfield Bank
Commercial Loan Assistant
|
$52,855/yr
|
RANGE: $45,928 - $59,783
|
|
Willamette Valley Bank
VP Commercial Loan Officer
|
$205,687/yr
|
RANGE: $162,719 - $248,654
|
|
MutualOne Bank
Senior Commercial Loan Servicing Representative
|
$78,970/yr
|
RANGE: $66,138 - $91,803
|
|
Citizens Financial Group, Inc.
Commercial Operations Loan Department Manager
|
$79,300/yr
|
RANGE: $66,831 - $91,770
|
|
Make Your Move
Sr. Commercial Loan Underwriter - Aviation
|
$101,452/yr
|
RANGE: $85,841 - $117,064
|
What Does a Commercial Loan Coordinator Do?
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
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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Commercial Loan Coordinator Salaries
What is the average of a Commercial Loan Coordinator in New Bedford, MA?
The Commercial Loan Coordinator salary range is from $42,604 to $54,566, and the average Commercial Loan Coordinator salary is $48,541/year in New Bedford, MA.
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.
