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.
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 |
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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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0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
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Core compensation
Includes base and annual incentives
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: Newark, Jersey City, 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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