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$40,284

Average Base Salary

$19/hr

Average Hourly Rate

$790

Average Bonus
The average clerk processor commercial loan salary in Colorado, United States is $40,284 or an equivalent hourly rate of $19. This is 0% lower (+$49) than the average clerk processor commercial loan salary in the United States. In addition, they earn an average bonus of $790. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
Salary by Experience

$29,777

Entry Level Salary

$63,711

Senior Level Salary
An entry level clerk processor commercial loan (1-3 years of experience) earns an average salary of $29,777. On the other end, a senior level clerk processor commercial loan (8+ years of experience) earns an average salary of $63,711.

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Job Description
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.

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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

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