Commercial Lending Officer Salary in Newark, New Jersey

Commercial Lending Officer Salary in Newark, NJ

How much does a Commercial Lending Officer make in Newark, NJ? The average Commercial Lending Officer salary in Newark, NJ is $60,940 as of April 24, 2024, but the salary range typically falls between $52,800 and $67,785. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Commercial Lending Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Lending Officer Salary $45,389 Newark,NJ April 24, 2024
25th Percentile Commercial Lending Officer Salary $52,800 Newark,NJ April 24, 2024
50th Percentile Commercial Lending Officer Salary $60,940 Newark,NJ April 24, 2024
75th Percentile Commercial Lending Officer Salary $67,785 Newark,NJ April 24, 2024
90th Percentile Commercial Lending Officer Salary $74,017 Newark,NJ April 24, 2024
25% $52,800 10% $45,389 90% $74,017 75% $67,785 $60,940 50%(Median) Didn’t find job title? Click
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Relationship Manager - Commercial Lending

Lakeland Bank - Cranbury, NJ

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What is a Commercial Lending Officer ?

Loan Officers, also referred to as "Mortgage Loan Originators," are people who work for banks and other financial institutions with the main objective to recommend individual and business loan applications for approval and participate in the front end of the mortgage origination process. Loan officers specialize in commercial, consumer and mortgage loans. Although they are employed by financial institutions, they can be seen as intermediaries between lending institutions and borrowers. They solicit loans, represent creditors to borrowers, and represent borrowers to creditors....

Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia

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Job Openings for Commercial Lending Officer in Newark, NJ
  • Citigroup, Inc. - Newark, NJ
    The. Community Mortgage Lending Officer. is an. entry level position. responsible for driving mortgage sales and client relationships through engagement wi...
    - 4 Days Ago
  • Lakeland Bank - Cranbury, NJ
    Position Overview. LAKELAND BANK HAS JOINED PROVIDENT BANK. Together, we will bring the very best of both organizations, creating a Premier Super Community...
    - 5 Days Ago
  • Diverse Lynx - Jersey City, NJ
    Job Title: Banking with a focus in Commercial Lending. Location: Phoenix / Dallas / Charlotte / NJ (Onsite). Duration: Contract. Job description. Role expe...
    - 5 Days Ago
  • Citigroup Inc. - Newark, NJ
    The Community Mortgage Lending Officer is an entry level position responsible for driving mortgage sales and client relationships through engagement with c...
    - 5 Days Ago
  • Unity Bank - Fort Lee, NJ
    Position Summary. The Commercial Loan Officer (CLO) is responsible for managing and growing profitable commercial lending relationships through active netw...
    - 2 Days Ago

Career Path for this job

  1. This Job:

    Commercial Lending Officer

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Lending Officer II

    2 - 4 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for a Commercial Lending Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
52800
67785
60940

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53442
70763
61961
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Lending Officer in Newark, NJ. The base salary for Commercial Lending Officer ranges from $52,800 to $67,785 with the average base salary of $60,940. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,442 to $70,763 with the average total cash compensation of $61,961.

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52800
67785

 

About Newark, New Jersey    Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More

Newark, New Jersey  area prices were up 1.6% from a year ago

Commercial Lending Officer Salary in popular cities: Jersey City, Paterson, Elizabeth

Recently searched related titles: Home Lending Specialist, Lending Support Specialist, Commercial Lending Assistant

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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