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What is the salary range of Commercial Real Estate Loan Officer I?

As of December 01, 2024, the average annual pay of Commercial Real Estate Loan Officer I in Silver Spring, MD is $98,862. While Salary.com is seeing that Commercial Real Estate Loan Officer I salary in Silver Spring, MD can go up to $134,672 or down to $69,496, but most earn between $83,491 and $117,606. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Real Estate Loan Officer I in the United States.

Commercial Real Estate Loan Officer I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $105,666 $8,806 $2,032 $51
Average $88,825 $7,402 $1,708 $43
25th Percentile $75,014 $6,251 $1,443 $36

Average Salary

25% $83,491 10% $69,496 90% $134,672 75% $117,606 $98,862 50%(Median) Didn’t find job title? Click
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View Commercial Real Estate Loan Officer I Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Commercial Real Estate Loan Officer I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Commercial Real Estate Loan Officer I hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Commercial Real Estate Loan Officer I $96,109
Intermediate Level Commercial Real Estate Loan Officer I $97,935
Senior Level Commercial Real Estate Loan Officer I $101,733
Specialist Level Commercial Real Estate Loan Officer I $103,960
Expert Level Commercial Real Estate Loan Officer I $104,517
$96,109 0 yr
$97,935 < 2 yrs
$101,733 2-4 yrs
$103,960 5-8 yrs
$104,517 > 8 yrs
Last Updated on December 01, 2024
Entry Level 8%
Mid Level 10%
Senior Level 15%
Top Level 17%
Experienced 18%
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Last Updated on December 01, 2024

Job Openings of Commercial Real Estate Loan Officer I

Salary.com job board provides millions of Commercial Real Estate Loan Officer I information for you to search for. Click on search button below to see Commercial Real Estate Loan Officer I job openings or enter a new job title here.

Cost of Living In Silver Spring, MD

Cost of Living in Silver Spring , MD is
45.2% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Commercial Real Estate Loan Officer I

What skills does a Commercial Real Estate Loan Officer I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Customer Relationship: Customer relations is the company-wide process of nurturing positive relationships with your customers . It helps you connect with your customers on a much more personal level and create a sense of mutual understanding with them.

3.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Customer Service 6.2%
Customer Relationship 2.47%
Pricing 1.41%
Others 89.92%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Real Estate Loan Officer I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Negotiating, you can get a 30% salary raise. If you are good at Leadership, your salary will increase by 20%. If you are expert in Purchasing, your salary will rise by 19%.
Skill Salary Demand
Negotiating
$128,521
30%
Leadership
$118,634
20%
Purchasing
$117,646
19%
Brokerage
$114,680
16%
Economics
$112,703
14%
Initiative
$112,703
14%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commercial Real Estate Loan Officer I is $98,862 per year in Silver Spring, MD, updated at December 01, 2024.
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