As of May 18, 2021, the average salary for a Commercial Loan Manager in the United States is $163,881 per year, which breaks down to an hourly rate of $79.
However, a Commercial Loan Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Commercial Loan Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Commercial Loan Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Commercial Loan Officer IV | 7+ years | $129,859 |
| Commercial Loan Officer V | 7-10 years | $162,783 |
| Commercial Loan Manager | 10+ years | $163,881 |
| Commercial Loan Senior Manager | 10+ years | $198,801 |
| Commercial Loan Director | 10+ years | $235,483 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Loan Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Influencing | 5.88% |
| Performance Review | 5.88% |
| Commercial Mortgage | 2.94% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Business Development
|
$170,436 |
4%
|
|
Microsoft Office
|
$168,797 |
3%
|
|
Products and Services
|
$167,159 |
2%
|
|
Accounting
|
$165,520 |
1%
|
Your level of education can impact your salary potential. While many Commercial Loan Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Commercial Loan Manager with a Bachelor's Degree is between $161,807 and $177,090).
Commercial Loan Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 2.0% |
| High School | 2.0% |
| Associates | 4.0% |
| Bachelors | 50.0% |
| Masters | 44.0% |
| Doctorate | 0.0% |
Understanding how a Commercial Loan Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021For a Commercial Loan Manager, the most direct path to higher earnings is advancing to the Commercial Loan Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $198,801 - a projected growth of 21% over your current level.
Salaries for a Commercial Loan Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $112,588 in 2023 to around $113,298 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Commercial Loan Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $112,588 |
| 2024 | $114,099 |
| 2025 | $113,298 |
| 2026 |
View More
|
| 2027 |
View More
|
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Compensation PlanningHere are companies hiring for Commercial Loan Manager and their salaries, click below for more details.
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A Commercial Loan Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Loan Manager earns the most in San Jose, CA, where the annual salary of a Commercial Loan Manager is $206,703.
The highest pay for Commercial Loan Manager is $226,916.
The lowest pay for Commercial Loan Manager is $126,983.
Manages a team of commercial loan officers to build commercial loan business within a designated market. Provides operational guidance to loan officers and approves requests for loans beyond the officers' approval limits. May personally handle the most complex loans and most difficult credit approvals. Adheres to all regulatory requirements and internal risk and operating policies and procedures. Builds a high-performance lending team with individual mentoring, coaching, and professional development opportunities. Typically requires a bachelor's degree. Typically reports to a director. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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