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

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

Low Confidence
$54,614/yr
Average Base Pay
Low $47,138
Average $54,614
High $63,376
The average salary for Commercial Loan Documentation is $54,614 per year in New York.

Related Job Titles to Commercial Loan Documentation

Commercial Loan Documentation Specialist
$54,614
New York
Per Year
Commercial Loan Processor
$55,133
New York
Per Year
Loan Documentation Specialist
$55,685
New York
Per Year
Commercial Real Estate Loan Officer I
$92,911
New York
Per Year

Similar Job Salaries to Commercial Loan Documentation by Company

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Company average base salary in (usd) range
Adirondack Bank
Loan Administration Documentation Specialist
$93,493/yr
$80,405
$106,581
RANGE: $80,405 - $106,581
Community Bank System, Inc.
Loan Documentation Specialist
$60,780/yr
$52,372
$69,188
RANGE: $52,372 - $69,188
$92,884/yr
$79,316
$106,453
RANGE: $79,316 - $106,453
H29 Wells Fargo International Solutions LLC-Philippines
Senior Loan Documentation Processor ( Data Quality Review )
$143,870/yr
$118,242
$169,498
RANGE: $118,242 - $169,498
ROK Financial
Commercial Loan Broker - REMOTE!
$83,214/yr
$70,429
$96,000
RANGE: $70,429 - $96,000
PRUXY
Commercial Loan Sales Representative
$137,940/yr
$113,498
$162,383
RANGE: $113,498 - $162,383
Good Carbon Co.
Commercial Loan Closing Specialist
$91,582/yr
$75,902
$107,262
RANGE: $75,902 - $107,262
Mission Capital Advisors
Internship - Commercial Loan Sales
$110,300/yr
$89,840
$130,761
RANGE: $89,840 - $130,761
Genesee Regional Bank
Commercial Loan Specialist
$65,979/yr
$55,939
$76,019
RANGE: $55,939 - $76,019
H29 Wells Fargo International Solutions LLC-Philippines
Associate Commercial Loan Servicing
$71,233/yr
$59,055
$83,412
RANGE: $59,055 - $83,412

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

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 York. 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 York. New York takes first place in this list, followed by Bronx, Brooklyn. The Commercial Loan Documentation salary is $59,840 in New York, which is higher than the national average. There are 17 cities' Commercial Loan Documentation salary higher than national average in New York.
The average salary for a Commercial Loan Documentation in New York is $54,614, but we found that the city with the highest salary for Commercial Loan Documentation jobs is New York, NY, and it is higher than Bronx. Commercial Loan Documentation jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
New York $59,840 $4,987 $1,151 $29
Bronx $59,840 $4,987 $1,151 $29
Brooklyn $59,840 $4,987 $1,151 $29
Queens Village $59,430 $4,952 $1,143 $29
Yonkers $58,969 $4,914 $1,134 $28
Mount Vernon $58,918 $4,910 $1,133 $28
Huntington $58,405 $4,867 $1,123 $28
New Rochelle $58,252 $4,854 $1,120 $28
Staten Island $57,483 $4,790 $1,105 $28
Levittown $56,202 $4,684 $1,081 $27

What Does a Commercial Loan Documentation Do?

It’s different than your personal credit score, but it’ll also affect your chances of securing a commercial loan (or any other business financing product for that matter).
Updated November 30, 2021
Highly manual underwriting processes, coupled with poor underwriter training can result in multiple touch points or follow-ups with customers which can prolong the amount of time necessary to accept or deny a commercial loan.
Updated October 26, 2021
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

Frequently Asked Questions About a Commercial Loan Documentation Salaries

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

The Commercial Loan Documentation salary range is from $47,138 to $63,376, and the average Commercial Loan Documentation salary is $54,614/year in New York. 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.