How Much Does a Commercial Loan Specialist Make in Colorado?

Updated May 01, 2025
As of May 01, 2025, the average annual pay of Commercial Loan Specialist in Colorado is $100,771. While Salary.com is seeing that Commercial Loan Specialist salary in CO can go up to $127,348 or down to $68,400, but most earn between $83,827 and $114,682. 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.
25% $83,827 10% $68,400 90% $127,348 75% $114,682 $100,771 50%(Median)
Related Job Titles to Commercial Loan Specialist
Specialist Commercial Loan Officer
$131,800
Colorado
Per Year
Commercial Loan Closing Specialist
$113,172
Colorado
Per Year
Commercial Loan Documentation Specialist
$53,800
Colorado
Per Year
Commercial Loan Servicing Specialist
$55,300
Colorado
Per Year
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Similar Job Salaries to Commercial Loan Specialist by Company

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Company average base salary in (usd) range
Glacier Bancorp
Commercial Loan Officer II
$112,441/yr
$93,471
$131,410
RANGE: $93,471 - $131,410
Bank of the San Juans
Commercial Loan Officer II
$112,441/yr
$93,471
$131,410
RANGE: $93,471 - $131,410
Glacier Bancorp
Commercial Loan Officer
$121,426/yr
$99,321
$143,531
RANGE: $99,321 - $143,531
MidFirst Bank - Default
Commercial Loan Associate
$47,164/yr
$41,630
$52,698
RANGE: $41,630 - $52,698
Glacier Bancorp
Commercial Loan Assistant I
$59,042/yr
$50,063
$68,022
RANGE: $50,063 - $68,022
loanDepot
Loan Specialist
$91,759/yr
$73,469
$110,049
RANGE: $73,469 - $110,049
First Western
Commercial Loan Processing Analyst I
$62,653/yr
$53,131
$72,174
RANGE: $53,131 - $72,174
Busey
Regional Commercial Loan Coordinator Manager
$68,065/yr
$57,087
$79,043
RANGE: $57,087 - $79,043
Partner Colorado Credit Union
Loan Collateral Specialist
$55,611/yr
$48,455
$62,766
RANGE: $48,455 - $62,766
OneMain Financial
Loan Sales Specialist
$63,868/yr
$53,327
$74,408
RANGE: $53,327 - $74,408

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Top 10 Highest Paying Cities For Commercial Loan Specialist Jobs in Colorado

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Loan Specialist 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 Specialist job salaries in Colorado. Some cities can pay higher salaries for Commercial Loan Specialist jobs, which can indicate that there is a large demand for Commercial Loan Specialist positions in this city.
The following table shows top 10 cities where the Commercial Loan Specialist salary is higher than other cities in Colorado. Boulder takes first place in this list, followed by Broomfield, Grand Junction. The Commercial Loan Specialist salary is $103,655 in Boulder, which is higher than the national average. There are 9 cities' Commercial Loan Specialist salary higher than national average in Colorado.
The average salary for a Commercial Loan Specialist in Colorado is $100,771, but we found that the city with the highest salary for Commercial Loan Specialist jobs is Boulder, CO, and it is higher than Broomfield. Commercial Loan Specialist jobs in Boulder can have the opportunity to earn higher salaries than in other cities in Colorado.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boulder $103,655 $8,638 $1,993 $50
Broomfield $101,877 $8,490 $1,959 $49
Grand Junction $101,334 $8,444 $1,949 $49
Denver $100,692 $8,391 $1,936 $48
Arvada $100,692 $8,391 $1,936 $48
Westminster $100,692 $8,391 $1,936 $48
Aurora $100,623 $8,385 $1,935 $48
Jefferson $100,553 $8,379 $1,934 $48
Castle Rock $98,944 $8,245 $1,903 $48
Colorado Springs $98,578 $8,215 $1,896 $47

What Does a Commercial Loan Specialist Do?

Once a loan candidate has been assessed, the commercial loan officer will recommend approval or disapproval of the loan application based on the information provided by the business and the data they uncover during the application process.
Updated December 20, 2021
– while commercial loan officers make their decisions based on what they see on paper, customer service is still a big part of the job because they often meet with applicants face to face.
Updated December 20, 2021
The financial industry is always changing, and commercial loan officers are always learning new technologies and strategies.
Updated December 17, 2021
Commercial loan officers work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
Updated December 17, 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 17, 2021

Frequently Asked Questions About a Commercial Loan Specialist Salaries

What is the average of a Commercial Loan Specialist in Colorado?

The Commercial Loan Specialist salary range is from $83,827 to $114,682, and the average Commercial Loan Specialist salary is $100,771/year in Colorado. The Commercial Loan Specialist's salary will change in different locations.

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

The Commercial Loan Specialist salary in Santa Clara, CA is $124,573 which is the highest in the US.

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

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

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