Banking Loan Collector Commercial Salary in North Richland Hills, Texas

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Banking Loan Collector Commercial in North Richland Hills, Texas

The average salary of a(n) Banking Loan Collector Commercial in North Richland Hills, Texas is $53,075.

The average hourly rate of a(n) Banking Loan Collector Commercial in North Richland Hills, Texas is $25.52.

The average bonus of a(n) Banking Loan Collector Commercial in North Richland Hills, Texas is $1,688.00.

Job Description:

Coordinates activities to collect delinquent commercial loans. Reviews files of commercial loans in default to determine collateral held by bank. Typically requires a four-year college degree in addition to job experience in a related field. Writes letter to customer to demand payment of loan balance. Calls or visits customer to determine if repayment plan can be established. Computes repayment schedule. Determines if status of customer's financial position prevents repayment of loan and justifies re-classifying loan as non-revenue producing. Initiates collateral liquidation when customer does not repay loan. Petitions court to transfer title and deeds of collateral to bank. Coordinates maintenance and repairs to property. Coordinates activities to maintain income flow related to seized assets, such as notifying renters to mail payments to financial institution. Calls real estate broker to initiate sale of real estate. Calls auctioneer or liquidation specialist to sell specified property, such as machines, equipment, and inventory at public auction. Specifies changes to bank records on value of loan. May testify at legal proceedings. Less

Coordinates activities to collect delinquent commercial loans. Reviews files of commercial loans in default to determine collateral held by bank. Typically requires a four-year college degree in addition to job experience in a related field. Writes letter to customer to... More

How helpful is this page?

Are you a(n) Banking Loan Collector Commercial?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in North Richland Hills, Texas

Job Openings by Indeed job search

Results for Banking Loan Collector Commercial in North Richland Hills, Texas

Collector 3 - Irving, TX

Wells Fargo

Banking or finance experience. Knowledge and understanding of auto loan collections Salary Information. The CLG team includes Home Lending, Consumer Credit Card...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x