Loan Officer, Commercial with Sales Skills Salary
Median pay for Commercial Loan Officers with Sales skills is around $73K per year. Total cash earnings of Commercial Loan Officers with Sales skills range from $50K on the low end to $130K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $25K and $12K, respectively. There are far more male Commercial Loan Officers with Sales skills survey respondents than women, making up 88 percent. Medical benefits are awarded to almost all, and a large number earn dental coverage. Job satisfaction is high and work is enjoyable for most Commercial Loan Officers with Sales skills.
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|Salary||$47,662 - $120,707|
|Bonus||$2,895 - $24,875|
|Profit Sharing||$-0.49 - $11,562|
|Commission||$2,447 - $51,064|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$49,636 - $129,850|
Pay by Experience Level for Loan Officer, Commercial
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience seems to be a major factor in determining the incomes of Commercial Loan Officers with Sales skills. Salaries for the relatively untried average out to around $65K, but survey participants with five to 10 years of experience earn a significantly higher median of $84K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $103K. Commercial Loan Officers with Sales skills who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $123K on average.
Key Stats for Loan Officer, Commercial
Rated 4 out of 5
based on 31 votes.