Commercial Loan Specialist Salaries in Newport News, VA
How Much Does a Commercial Loan Specialist Make in Newport News, VA?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Commercial Loan Specialist in Newport News, VA is $93,307.
While Salary.com is seeing that Commercial Loan Specialist salary in Newport News, VA can go up to $117,906
or down to $63,350, but most earn between $77,626 and $106,183.
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 Specialist
Commercial Loan Documentation Specialist
$49,781
Newport News, VA
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 |
|---|---|---|
|
Northwest FCU
Commercial Loan Operations Specialist
|
$65,230/yr
|
RANGE: $55,309 - $75,151
|
|
JCW
Senior Commercial Loan Officer
|
$115,241/yr
|
RANGE: $95,779 - $134,702
|
|
JCW
Commercial Loan Originator
|
$72,857/yr
|
RANGE: $61,937 - $83,778
|
|
Wells Fargo
Commercial Loan Servicing Representative
|
$107,607/yr
|
RANGE: $89,452 - $125,761
|
|
Langley Federal Credit Union
Sr. Commercial Loan Officer
|
$119,452/yr
|
RANGE: $99,441 - $139,463
|
|
Langley Federal Credit Union
Commercial Loan Servicer
|
$57,267/yr
|
RANGE: $48,276 - $66,257
|
|
B10 Wells Fargo Bank, N. A.
Commercial Loan Servicing Representative
|
$76,790/yr
|
RANGE: $64,544 - $89,036
|
|
Langley Federal Credit Union
Senior Commercial Loan Officer
|
$115,241/yr
|
RANGE: $95,779 - $134,702
|
|
ABNB Federal Credit Union
Commercial Loan Officer
|
$118,221/yr
|
RANGE: $96,699 - $139,742
|
|
National Cooperative Bank
Commercial Loan Portfolio Manager
|
$120,437/yr
|
RANGE: $98,959 - $141,915
|
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
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Explore JobArchitectFrequently Asked Questions About a Commercial Loan Specialist Salaries
What is the average of a Commercial Loan Specialist in Newport News, VA?
The Commercial Loan Specialist salary range is from $77,626 to $106,183, and the average Commercial Loan Specialist salary is $93,307/year in Newport News, VA.
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 San Jose, CA is $123,654
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.
