Home > Salary > Australia > Commercial Loan Processor
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Estimated Yearly Salary: 93,817 AUD
Estimated Monthly Salary: 7,818 AUD
Estimated Weekly Salary: 1,804 AUD per week
Estimated Hourly Salary: 45 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,575 AUD
Estimated Weekly Salary: 1,748 AUD per week
Estimated Hourly Salary: 44 AUD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 47,012 USD
Estimated Monthly Salary: 3,918 USD
Estimated Weekly Salary: 904 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 93,817 AUD
Estimated Monthly Salary: 7,818 AUD
Estimated Weekly Salary: 1,804 AUD per week
Estimated Hourly Salary: 45 AUD per hour
By working as Commercial Loan Processor a person can save up to 1,500 USD per month or 18,006 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Commercial Loan Processor
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Loan Processor salary in Australia
Average Yearly Salary of Commercial Loan Processor in Australia is approximately 93,817 AUD (47,012 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Commercial Loan Processor do?
A commercial loan processor is responsible for facilitating the loan application process for businesses seeking financing from financial institutions. They gather and review all necessary documentation, such as financial statements, tax returns, and credit reports, to assess the borrower's creditworthiness. The loan processor prepares loan packages, including loan agreements and other legal documents, ensuring compliance with internal policies and regulatory requirements. They work closely with loan officers and underwriters, providing them with accurate and complete information to support the loan decision-making process. Additionally, commercial loan processors may assist in coordinating loan closings and disbursing funds to borrowers.
Skills: commercial loan processor, loan application, financial documentation, credit analysis, loan package preparation, regulatory compliance.
Job industry: Banking
Job industry: Banking
How much does Commercial Loan Processor make?
Salary details
How much does Commercial Loan Processor make?Estimated Yearly Salary: 93,817 AUD
Estimated Monthly Salary: 7,818 AUD
Estimated Weekly Salary: 1,804 AUD per week
Estimated Hourly Salary: 45 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 90,898 AUDEstimated Monthly Salary: 7,575 AUD
Estimated Weekly Salary: 1,748 AUD per week
Estimated Hourly Salary: 44 AUD per hour
Last revision of data: 2024-01-02Commercial Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 47,012 USD
Estimated Monthly Salary: 3,918 USD
Estimated Weekly Salary: 904 USD per week
Estimated Hourly Salary: 23 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Australia.
Comparison shows that a person working as Commercial Loan Processor in Australia earns on average:
1.11 times the average salary (or 111% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Commercial Loan Processor job salary compared to average salary in Australia.
Comparison shows that a person working as Commercial Loan Processor in Australia earns on average:
1.11 times the average salary (or 111% of average salary).
Is Commercial Loan Processor a well paid job?
Yes, our data show that Commercial Loan Processor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Commercial Loan Processor?
High salary for Commercial Loan Processor would be somewhere between 103,199 AUD and 136,035 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Loan Processor in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 93,817 AUD
Estimated Monthly Salary: 7,818 AUD
Estimated Weekly Salary: 1,804 AUD per week
Estimated Hourly Salary: 45 AUD per hour
By working as Commercial Loan Processor a person can save up to 1,500 USD per month or 18,006 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Commercial Loan Processor
Indonesia is 8,212 USD
East Timor is 34,886 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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Data as of 2025Random salary:
Rooms director (161,047 AUD per year, pre-tax.)
Licensed nursing home administrator (211,067 AUD per year, pre-tax.)
Insurance claims assistant (78,944 AUD per year, pre-tax.)
Financial operations director (125,427 AUD per year, pre-tax.)
Alignment specialist (63,976 AUD per year, pre-tax.)
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