Commercial Loan Specialist Salaries in Tuscaloosa, AL
How Much Does a Commercial Loan Specialist Make in Tuscaloosa, AL?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Commercial Loan Specialist in Tuscaloosa, AL is $92,322.
While Salary.com is seeing that Commercial Loan Specialist salary in Tuscaloosa, AL can go up to $116,661
or down to $62,681, but most earn between $76,807 and $105,062.
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
$49,255
Tuscaloosa, AL
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 |
|---|---|---|
|
Local Bank
Commercial Loan Processor
|
$63,704/yr
|
RANGE: $54,075 - $73,333
|
|
Credit Central, LLC
Loan Specialist
|
$56,413/yr
|
RANGE: $48,305 - $64,521
|
|
PeerSource
Loan Workout Specialist
|
$118,735/yr
|
RANGE: $96,131 - $141,339
|
|
Sun Loan Company
Loan Specialist I - 268
|
$60,425/yr
|
RANGE: $52,017 - $68,833
|
|
All In Credit Union
Loan Servicing Specialist
|
$50,408/yr
|
RANGE: $42,728 - $58,088
|
|
City National Bank
Mgr Commercial Loan Admin/Ops Trnsfrmtn
|
$180,088/yr
|
RANGE: $141,789 - $218,387
|
|
Brundage Management Company, Inc.
Customer Service/Loan Specialist - 268
|
$60,918/yr
|
RANGE: $52,392 - $69,444
|
|
Umpqua Bank
Commercial Loan Support Specialist
|
$68,910/yr
|
RANGE: $58,608 - $79,212
|
|
Republic Bank & Trust Co
Commercial Loan Operations Specialist
|
$56,099/yr
|
RANGE: $47,487 - $64,710
|
|
Northwest FCU
Commercial Loan Operations Specialist
|
$65,230/yr
|
RANGE: $55,309 - $75,151
|
What Does a Commercial Loan Specialist Do?
Commercial loan officers are decision-makers who must apply critical thinking to every application they review.
Updated November 10, 2021
– commercial loans involve a lot of paperwork, bank accounts, and data, which means loan officers need to be highly detail-oriented so they can properly analyze all the information without skipping over any financial details.
Updated October 17, 2021
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
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Explore JobArchitectFrequently Asked Questions About a Commercial Loan Specialist Salaries
What is the average of a Commercial Loan Specialist in Tuscaloosa, AL?
The Commercial Loan Specialist salary range is from $76,807 to $105,062, and the average Commercial Loan Specialist salary is $92,322/year in Tuscaloosa, AL.
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.
