Commercial Lending Officer Salary in Springfield, New Jersey

Commercial Lending Officer Salary in Springfield, NJ

How much does a Commercial Lending Officer make in Springfield, NJ? The average Commercial Lending Officer salary in Springfield, NJ is $60,724 as of April 24, 2024, but the salary range typically falls between $52,613 and $67,545. 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 $45,228 Springfield,NJ April 24, 2024
25th Percentile Commercial Lending Officer Salary $52,613 Springfield,NJ April 24, 2024
50th Percentile Commercial Lending Officer Salary $60,724 Springfield,NJ April 24, 2024
75th Percentile Commercial Lending Officer Salary $67,545 Springfield,NJ April 24, 2024
90th Percentile Commercial Lending Officer Salary $73,755 Springfield,NJ April 24, 2024
25% $52,613 10% $45,228 90% $73,755 75% $67,545 $60,724 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

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Job Openings for Commercial Lending Officer in Springfield, NJ

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

 
 
 
52613
67545
60724

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53253
70512
61741
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 Springfield, NJ. The base salary for Commercial Lending Officer ranges from $52,613 to $67,545 with the average base salary of $60,724. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,253 to $70,512 with the average total cash compensation of $61,741.

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52613
67545

 

About Springfield, New Jersey    Springfield, New Jersey may refer to: Springfield Township, Burlington County, New Jersey Springfield Township, Union County, New Jersey Springfield/B....More

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

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

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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