How Much Does a Commercial Loan Specialist Make in Pennsylvania?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Loan Specialist in Pennsylvania is $98,081. While Salary.com is seeing that Commercial Loan Specialist salary in PA can go up to $123,946 or down to $66,580, but most earn between $81,592 and $111,619. 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
Specialist Commercial Loan Officer
$128,600
Pennsylvania
Per Year
Commercial Loan Closing Specialist
$110,193
Pennsylvania
Per Year
Commercial Loan Servicing Specialist
$53,834
Pennsylvania
Per Year
Commercial Loan Documentation Specialist
$52,371
Pennsylvania
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
Santander Holdings USA Inc Careers
Commercial Loan Specialist
$98,341/yr
$87,328
$109,353
RANGE: $87,328 - $109,353
ACNB BANK
Commercial Loan Documentation Specialist
$64,389/yr
$57,854
$70,925
RANGE: $57,854 - $70,925
GPAC
Commercial Loan Documentation Specialist
$61,180/yr
$54,995
$67,366
RANGE: $54,995 - $67,366
Horizon Farm Credit
Commercial Loan Documentation/Scanning Specialist
$60,942/yr
$54,780
$67,104
RANGE: $54,780 - $67,104
Univest Financial Corporation
Commercial Loan Insurance Specialist I
$59,426/yr
$53,571
$65,280
RANGE: $53,571 - $65,280
Mid Penn Bancorp Inc.
Commercial Loan Officer
$101,001/yr
$88,356
$113,646
RANGE: $88,356 - $113,646
Somerset Trust Company
Commercial Loan Processor I
$55,424/yr
$49,821
$61,028
RANGE: $49,821 - $61,028

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

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 Pennsylvania. 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 Pennsylvania. Doylestown takes first place in this list, followed by Philadelphia, West Chester. The Commercial Loan Specialist salary is $106,406 in Doylestown, which is higher than the national average. There are 4 cities' Commercial Loan Specialist salary higher than national average in Pennsylvania.
The average salary for a Commercial Loan Specialist in Pennsylvania is $98,081, but we found that the city with the highest salary for Commercial Loan Specialist jobs is Doylestown, PA, and it is higher than Philadelphia. Commercial Loan Specialist jobs in Doylestown can have the opportunity to earn higher salaries than in other cities in Pennsylvania.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Doylestown $106,406 $8,867 $2,046 $51
Philadelphia $102,977 $8,581 $1,980 $50
West Chester $100,977 $8,415 $1,942 $49
Stroudsburg $99,421 $8,285 $1,912 $48
Allentown $98,504 $8,209 $1,894 $47
Bethlehem $98,504 $8,209 $1,894 $47
Easton $98,347 $8,196 $1,891 $47
Reading $97,233 $8,103 $1,870 $47
Lancaster $96,268 $8,022 $1,851 $46
Harrisburg $96,130 $8,011 $1,849 $46

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 Pennsylvania?

The Commercial Loan Specialist salary range is from $81,592 to $111,619, and the average Commercial Loan Specialist salary is $98,081/year in Pennsylvania. 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 $124,268 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.