Commercial Loan Coordinator Salaries in Waterloo, IA
How Much Does a Commercial Loan Coordinator Make in Waterloo, IA?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Loan Coordinator in Waterloo, IA is $42,755.
While Salary.com is seeing that Commercial Loan Coordinator salary in Waterloo, IA can go up to $52,883
or down to $32,756, but most earn between $37,521 and $48,056.
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
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Similar Job Salaries to Commercial Loan Coordinator by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Central Bank
Commercial Loan Processor
|
$60,053/yr
|
RANGE: $53,958 - $66,148
|
|
Bank Iowa
Ag & Commercial Loan Officer
|
$76,258/yr
|
RANGE: $67,955 - $84,560
|
|
Clear Lake Bank & Trust Inc
Commercial Loan Assistant - Business Banking
|
$51,834/yr
|
RANGE: $46,391 - $57,277
|
|
Gooi Mortgage, Inc.
Mortgage Loan Coordinator
|
$60,558/yr
|
RANGE: $54,564 - $66,552
|
|
Midwest Heritage
Agriculture and Commercial Loan Operations Specialist I
|
$78,080/yr
|
RANGE: $69,730 - $86,430
|
|
Bankers Trust Company
Commercial Loan Operations Specialist I or II
|
$53,692/yr
|
RANGE: $48,283 - $59,101
|
|
Bell Bank
Commercial Loan Coordinator
|
$60,057/yr
|
RANGE: $54,140 - $65,974
|
|
Central Bancompany
Commercial Loan Coordinator
|
$95,422/yr
|
RANGE: $84,110 - $106,734
|
|
First Farmers Bank and Trust Company
Commercial Loan Coordinator
|
$56,799/yr
|
RANGE: $51,169 - $62,429
|
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
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Explore JobArchitectFrequently Asked Questions About a Commercial Loan Coordinator Salaries
What is the average of a Commercial Loan Coordinator in Waterloo, IA?
The Commercial Loan Coordinator salary range is from $37,521 to $48,056, and the average Commercial Loan Coordinator salary is $42,755/year in Waterloo, IA.
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 $57,700
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.
