Loan Officer, Commercial with Sales Skills Salary
Commercial Loan Officers with Sales skills pull down an average of $73K per year. Individual bonuses, profit sharing and commission for Commercial Loan Officers with Sales skills — as high as $24K, $12K and $52K, respectively — each contribute to the degree of variation within overall compensation, ranging from $51K to $127K. Work is enjoyable for Commercial Loan Officers with Sales skills, who typically claim high levels of job satisfaction. Men make up the vast majority of Commercial Loan Officers with Sales skills (84 percent) who took the survey. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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Pay by Experience Level for Loan Officer, Commercial
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Commercial Loan Officers with Sales skills with a lot of experience tend to enjoy higher earnings. Workers in their first five years can expect to earn $65K, but people who have been around for five to 10 years earn a noticeably bigger sum of $84K. Between one and two decades on the job, average salaries pass the six-figure mark at around $102K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $112K on average.
Key Stats for Loan Officer, Commercial
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