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Salary and Benefits

Commercial Lender
$71K-$87K / yr. (est.)
$72K
$79,730 / year
$88K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Commercial Lender

What does a Commercial Lender do?

As Commercial Lenders, we consult with managers about credit policies, credit lines, standards, and procedures. We obtain and assess financial information, including financial statements and credit histories, to correctly advise clients on suitable loan and credit options. We also collaborate with other financial institutions to set up loan packages for extensive loans and perform a comprehensive appraisal on the lending process from application to closing documentation. We liaise between borrowers and underwriting departments to negotiate payment arrangements and prepare delinquent loan reports.

Core tasks:

  • document procedures and maintain hardcopy and digital records of all loan agreements
  • train and supervise new loan administrators
  • stay up-to-date with relevant financial regulations

Insights

How Many Years of Experience Do Professionals Need Before Becoming Commercial Lender?
On average, people work 5-7 years in other positions prior to becoming a Commercial Lender.
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Commercial LenderPhiladelphia, PA - A year ago
Seems fair to me. You need time to understand the business landscape and build the necessary skills. 5-7 years isn't unreasonable.
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Commercial LenderPhoenix, AZ - A year ago
🤔 I wonder if those 'other positions' have any impact on salary and earning potential as a commercial lender.
How Long Do Commercial Lender Employees Typically Stay in Their Roles?
On average, Commercial Lenders works in this position for 5+ years across multiple employers.
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Financial AnalystChicago, IL - A year ago
Sorry, but must correct the record here. Experience is vital but not the sole determinant of success. Strong analytical skills, attention to detail, and industry knowledge also play a major role.
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EntrepreneurSeattle, WA - A year ago
Experience alone isn't enough; a commercial lender must possess entrepreneurial thinking and be forward-looking to be effective in boosting entrepreneurs' growth in this ever-evolving economy.
What Is the Job Hopper Score for Commercial Lender Employees?
Frequent job changes in Commercial Lender, indicating a willingness to change companies and roles more frequently.
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Marketing ManagerHouston, TX - A year ago
🙄 Seriously? As a Marketing Manager, I value loyalty and commitment. Frequent job changes could reflect a lack of dedication to clients and an inability to build strong business connections in the Commercial Lender role.
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Director, Human ResourcesAtlanta, GA - A year ago
In my experience, job stability is important. Frequent job changes for a Commercial Lender might demonstrate a difficulty in working collaboratively and a tendency to jump ship when challenges arise.

Career path

Path to job

Discover a Commercial Lender's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Commercial Lender typically studied at.
Louisiana State University-Alexandria
Texas A&M University-Texarkana

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Commercial Lender Employees?
Gender ratio in Commercial Lender position: 0.758967776802 Male and 0.241032223198 Female. Age ratio in Commercial Lender position: 16-20: 4%, 21-30: 47%, 31-40: 29%, 41-50: 13%, 51-60: 6%, 60+: 1%. Commercial Lender position is predominantly male (75.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Commercial LenderDallas, TX - A year ago
it's a shame that opportunities aren't more equitable. The gender and age disparities are disheartening. 😔
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Commercial LenderMiami, FL - A year ago
why is it that women are always disadvantaged in finance-related roles? This needs to change! 💔

Workplaces

Who Are the Top Employers for Commercial Lender?
Top employers of Commercial Lender position: BancorpSouth, BB&T, Chemical Bank. People who work in Commercial Lender position most typically go on to work for the BancorpSouth.
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Commercial LenderSan Francisco, CA - A year ago
To be a top employer, you've got to offer more than just a fancy name, like BancorpSouth. Look for companies with top-tier compensation and work-life balance.
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Commercial LenderPhiladelphia, PA - A year ago
As a Commercial Lender for Chemical Bank, I can vouch for their rigorous training program. No wonder they made it to the top employers.
BancorpSouth
BB&T
Chemical Bank
What Industries Does Commercial Lender Typically Have Experience In?
Industry Background: The most typical industries of Commercial Lender: Finance & Insurance, Professional / Scientific / Technical, Real Estate / Rental / Leasing, Administrative & Support, Manufacturing. Commercial Lender employees most likely come from a Finance & Insurance industry background.
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Commercial LenderHouston, TX - A year ago
Y'all are talking about big cities, but let me tell you, being a Commercial Lender in Houston means dealing with the oil industry boom and the heat, ya'll 🔥
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Commercial LenderBoston, MA - A year ago
Why is nobody talking about the brains and the prestigious universities here? Being a Commercial Lender in Boston means working with elite professionals and top-tier institutions. 🎓

Find your job as Commercial Lender

Discussion about Commercial Lender

Want to know more about Commercial Lender position?
Share your thoughts and ideas about Commercial Lender position with others in our community.
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How is the gender diversity among people working as a Commercial Lender?
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Sophie Hayes3 years ago
More men than women work as a Commercial Lender.
What is the most common age of a Commercial Lender?
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Sophie Hayes3 years ago
The average age is 32
How much experience do you need to work as a Commercial Lender?
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Sophie Hayes3 years ago
You need 6 years of experience to work as a Commercial Lender.
Which industries are highly likely to employ a Commercial Lender?
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Isabella Holmes3 years ago
Finance & Insurance is typical for a Commercial Lender to work in.
Is a higher education needed as a Commercial Lender?
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Liam Brown3 years ago
Most people have a Bachelor of Science degree
Where are you working as a Commercial Lender?
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Benjamin Gardner3 years ago
Most people work for BancorpSouth, BB&T, Chemical Bank, JPMorgan Chase & Co. and U.S. Bank
How long do you usually work as a Commercial Lender before changing to another position?
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Liam Brown3 years ago
More than 5 years is the typical lifespan for a Commercial Lender.
Is it frequent for people to switch companies and still work as a Commercial Lender?
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Sophie Hayes3 years ago
We can say that a Commercial Lender is likely a job hopper role.
What do people usually work as before switching to Commercial Lender?
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Liam Brown3 years ago
A Commercial Lender probably worked as Vice President, Credit Analyst or Commercial Loan Officer before
What typical professions people working as a Commercial Lender switch to?
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Isabella Holmes3 years ago
Consider the following: Vice President, Commercial Loan Officer or Relationship Manager
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Disclaimer

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