Late-Career Loan Officer, Commercial Salary

Median pay for Late-Career Commercial Loan Officers lies in the neighborhood of $103K annually. Including potential for bonuses and profit sharing — peaking near $30K and $12K, respectively — total cash payment to Late-Career Commercial Loan Officers can bottom out near $72K or peak near $151K depending on individual performance. Male Late-Career Commercial Loan Officers far outnumber their female contemporaries among those who completed the questionnaire. For the most part, Late-Career Commercial Loan Officers enjoy their work and report high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.

$67,233 - $129,710
$67K
$100K
$130K
MEDIAN: $102,927
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$67,233 - $129,710  
   
Bonus
$3,425 - $30,201  
Profit Sharing
$0.00 - $11,836  
Commission
$6,750  
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).
)
$71,543 - $151,398  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 57

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Key Stats for Loan Officer, Commercial

Gender

Female
14 %
Male
86 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.
20 years or more
100%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Loan Officer, Commercial Salaries

Sales
▲7%

Portfolio Management
▲7%

Loan Underwriting
▲3%

Financial Analysis
▲1%

National Average
$115,000

Business Analysis
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 7 votes.

Gender

Female
14 %
Male
86 %

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 81%
vision benefits
Vision: 70%
no benefits
None: 5%