How Much Does a Commercial Loan Specialist Make in Roanoke, VA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Loan Specialist in Roanoke, VA is $90,691. While Salary.com is seeing that Commercial Loan Specialist salary in Roanoke, VA can go up to $114,608 or down to $61,564, but most earn between $75,445 and $103,210. 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
$118,900
Roanoke, VA
Per Year
Commercial Loan Closing Specialist
$101,891
Roanoke, VA
Per Year
Commercial Loan Servicing Specialist
$49,778
Roanoke, VA
Per Year
Commercial Loan Documentation Specialist
$48,426
Roanoke, 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
B10 Wells Fargo Bank, N. A.
Commercial Loan Closing Specialist
$92,150/yr
$83,135
$101,164
RANGE: $83,135 - $101,164
WELLS FARGO BANK
Commercial Loan Closing Specialist
$87,030/yr
$78,144
$95,915
RANGE: $78,144 - $95,915
Chain Bridge Bank N.A
Commercial Loan Documentation & Servicing Specialist
$60,719/yr
$54,447
$66,991
RANGE: $54,447 - $66,991
Wells Fargo
Commercial Loan Closing Associate
$120,038/yr
$106,307
$133,768
RANGE: $106,307 - $133,768
B10 Wells Fargo Bank, N. A.
Commercial Loan Closing Associate
$94,979/yr
$83,609
$106,350
RANGE: $83,609 - $106,350
ABNB Federal Credit Union
Commercial Loan Processor
$61,363/yr
$55,160
$67,566
RANGE: $55,160 - $67,566
Calculated Hire
Commercial Loan Closer
$73,706/yr
$66,191
$81,220
RANGE: $66,191 - $81,220
$64,101/yr
$57,648
$70,554
RANGE: $57,648 - $70,554
B10 Wells Fargo Bank, N. A.
Senior Commercial Loan Servicing Representative
$69,594/yr
$62,014
$77,174
RANGE: $62,014 - $77,174
swipejobs LLC
PT Commercial Loan Processing Assistant
$62,739/yr
$56,566
$68,913
RANGE: $56,566 - $68,913

Open Commercial Loan Specialist Jobs in Roanoke, VA

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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 Roanoke, VA?

The Commercial Loan Specialist salary range is from $75,445 to $103,210, and the average Commercial Loan Specialist salary is $90,691/year in Roanoke, 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 $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.