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Loan Manager Commercial Salary in Essex, MD
How much does a Loan Manager Commercial make in Essex, MD?
$166,121 (USD)/year
Average Bonus
$15,898 (USD)
per Year
Total Compensation
$179,753.78
Entry Level
$114,919
Median
$163,856
Senior Level
$205,946
As of July, 23, 2026, the average loan manager commercial gross salary in Essex, Maryland is $166,121 or an equivalent hourly rate of $80. In addition, loan manager commercials earn an average bonus of $15,898. An entry level loan manager commercial with 1-3 years of experience earns an average salary of $114,919. At the higher end of the pay range, a senior level loan manager commercial with 8+ years of experience earns an average salary of $205,946. Salary estimates are based on salary survey data collected directly from employers in Essex, Maryland.
Data powered by ERI
Salary Potential for a Loan Manager Commercial
Explore the estimated salary growth for a Loan Manager Commercial in Essex, MD for up to 5 years. The estimated salary of a Loan Manager Commercial will be $170,673 in 1 year and $190,165 in 5 years.
View Salary by Year
Estimated Salary
$175,351
Average Growth
5.6 %
The estimated salary for a Loan Manager Commercial in 2 years is $175,351, which is 5.6 % average growth. This information is based on ERI's compensation database.
Typical Loan Manager Commercial Education
This chart displays the highest level of education for Loan Manager Commercials.
- 0% of Loan Manager Commercials have less than a High School Diploma
- 0% of Loan Manager Commercials have a High School Diploma
- 33% of Loan Manager Commercials have an Associate's Degree
- 67% of Loan Manager Commercials have a Bachelor's Degree
- 0% of Loan Manager Commercials have a Master's Degree
- 0% of Loan Manager Commercials have a Doctorate Degree
The typical field of study for a Loan Manager Commercial is Banking and Financial Support Services.
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Loan Manager Commercial Salaries in Other Locations
Salaries for Similar Job Titles in Essex, MD
Loan Manager Commercial Jobs
View moreCost of Living in Essex, MD
The cost of living in Essex, MD is 8% higher than the national average.
8% higher
than the national average
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Frequently Asked Questions
What does a Loan Manager Commercial do?
Manages commercial loan department of a financial institution. Coordinates activities to implement institution's commercial loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities. Develops or approves commercial lending policies and interest rate structures. NOTE: ERI's findings based on asset size.
How much does a Loan Manager Commercial make in Essex, MD?
The average salary for a Loan Manager Commercial is $166,121 per year or $79.87 per hour in Essex, MD. Top earners have reported making up to $205,946. However, the typical pay range in Essex, MD is between $114,919 and $205,946 annually.
What is the salary trajectory for a Loan Manager Commercial?
Loan Manager Commercial is projected to see a 14.5 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Loan Manager Commercial salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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