How Much Does a Commercial Loan Documentation Make in New Mexico?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$47,237/yr
Average Base Pay
Low $40,770
Average $47,237
High $54,815
The average salary for Commercial Loan Documentation is $47,237 per year in New Mexico.

Related Job Titles to Commercial Loan Documentation

Commercial Loan Documentation Specialist
$47,237
New Mexico
Per Year
Commercial Loan Processor
$47,686
New Mexico
Per Year
Loan Documentation Specialist
$48,163
New Mexico
Per Year
Commercial Real Estate Loan Officer I
$80,360
New Mexico
Per Year

Similar Job Salaries to Commercial Loan Documentation by Company

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Company average base salary in (usd) range
State Employees Credit Union
Commercial Loan Specialist
$58,943/yr
$50,010
$67,875
RANGE: $50,010 - $67,875
First American Bank
Commercial loan assistant
$58,107/yr
$49,317
$66,898
RANGE: $49,317 - $66,898
Nusenda Credit Union
Commercial Loan Processor
$47,656/yr
$40,469
$54,842
RANGE: $40,469 - $54,842
First American Bank
Commercial Loan Assistant (Lovington)
$34,054/yr
$29,441
$38,667
RANGE: $29,441 - $38,667
HME Specialists LLC
Customer Service Documentation Specialist
$41,396/yr
$36,458
$46,334
RANGE: $36,458 - $46,334
Aya Healthcare
Permanent Clinical Licensed Pool Clinical Documentation Specialist
$68,108/yr
$59,536
$76,680
RANGE: $59,536 - $76,680
Aya Healthcare
Permanent Clinical Documentation Specialist Registered Nurse
$74,086/yr
$65,879
$82,294
RANGE: $65,879 - $82,294
Summit Funding
Loan Officer
$86,630/yr
$71,737
$101,523
RANGE: $71,737 - $101,523
Churchill Mortgage
Loan specialist
$87,465/yr
$75,481
$99,450
RANGE: $75,481 - $99,450
US Veterans Health Administration
Medical Records Technician (Clinical Documentation Improvement Specialist CDIS-Inpatient))
$40,797/yr
$36,012
$45,581
RANGE: $36,012 - $45,581

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Top 10 Highest Paying Cities For Commercial Loan Documentation Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Loan Documentation 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 Documentation job salaries in New Mexico. Some cities can pay higher salaries for Commercial Loan Documentation jobs, which can indicate that there is a large demand for Commercial Loan Documentation positions in this city.
The following table shows top 10 cities where the Commercial Loan Documentation salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Commercial Loan Documentation salary is $48,415 in Santa Fe, which is lower than the national average. There is 0 city's Commercial Loan Documentation salary higher than national average in New Mexico.
The average salary for a Commercial Loan Documentation in New Mexico is $47,237, but we found that the city with the highest salary for Commercial Loan Documentation jobs is Santa Fe, NM, and it is higher than Albuquerque. Commercial Loan Documentation jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $48,415 $4,035 $931 $23
Albuquerque $48,159 $4,013 $926 $23
Rio Rancho $48,005 $4,000 $923 $23
Farmington $47,544 $3,962 $914 $23
Clovis $45,751 $3,813 $880 $22
Alamogordo $45,700 $3,808 $879 $22
Hobbs $45,341 $3,778 $872 $22
Roswell $44,931 $3,744 $864 $22
Sunland Park $44,624 $3,719 $858 $21
Las Cruces $44,368 $3,697 $853 $21

What Does a Commercial Loan Documentation Do?

This fast-paced seminar will focus on the purpose, use and content of the six core commercial loan documents: the promissory note, the loan agreement, the security agreement, the guaranty, the letter of credit and the subordination/intercreditor agreement.
Updated December 19, 2021
KPI for banks to measure the division between the total dollar amount of commercial loans managed, also known as “outstanding” loans, by the bank at a certain point in time and the number of commercial loan officers working for the bank.
Updated December 16, 2021
That said, if you want to get a jump on the process, consider pulling the following commercial loan documentation:.
Updated December 16, 2021
For commercial loans involving real estate, whether you’re buying property or doing a renovation, lenders are looking to see a lot more paperwork regarding ownership, insurance, and more.
Updated December 15, 2021
And if you can’t answer this question in detail? It’s probably not the right time for a commercial loan.
Updated December 11, 2021

Frequently Asked Questions About a Commercial Loan Documentation Salaries

What is the average of a Commercial Loan Documentation in New Mexico?

The Commercial Loan Documentation salary range is from $40,770 to $54,815, and the average Commercial Loan Documentation salary is $47,237/year in New Mexico. The Commercial Loan Documentation's salary will change in different locations.

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

The Commercial Loan Documentation salary in San Jose, CA is $64,297 which is the highest in the US.

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

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

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