How much does a Commercial Lending Officer make in Paterson, NJ? The average Commercial Lending Officer salary in Paterson, NJ is $58,144 as of August 27, 2024, but the salary range typically falls between $51,969 and $64,549. 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.

Based on HR-reported data: a national average with a geographic differential
Commercial Lending Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Lending Officer Salary $46,346 Paterson,NJ August 27, 2024
25th Percentile Commercial Lending Officer Salary $51,969 Paterson,NJ August 27, 2024
50th Percentile Commercial Lending Officer Salary $58,144 Paterson,NJ August 27, 2024
75th Percentile Commercial Lending Officer Salary $64,549 Paterson,NJ August 27, 2024
90th Percentile Commercial Lending Officer Salary $70,380 Paterson,NJ August 27, 2024
25% $51,969 10% $46,346 90% $70,380 75% $64,549 $58,144 50%(Median) Didn’t find job title? Click
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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

See user submitted job responsibilities for Commercial Lending Officer.

Job Openings for Commercial Lending Officer in Paterson, NJ
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  • The. Community Mortgage Lending Officer. is an. entry level position. responsible for driving mortgage sales and client relationships through engagement wi...
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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

 
 
 
51969
64549
58144

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
52747
67596
59487
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 Paterson, NJ. The base salary for Commercial Lending Officer ranges from $51,969 to $64,549 with the average base salary of $58,144. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,747 to $67,596 with the average total cash compensation of $59,487.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

51969
64549

 

About Paterson, New Jersey    Paterson is the largest city in and the county seat of Passaic County, New Jersey, United States. As of the 2010 United States Census, its population ....More

Paterson, New Jersey  area prices were up 1.5% from a year ago

Commercial Lending Officer Salary in popular cities: NewarkJersey CityElizabeth

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