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Loan Officer, Commercial Salary

United States » Job » Loan Officer, Commercial Overview » Loan Officer, Commercial Salary

Updated: 9 May 2013

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Rated 5 out of 5 based on 102 Loan Officer, Commercial votes.

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Related to:

Commercial Loan Administrator Salary, Credit Officer Salary, Loan Servicing Specialist Salary

Also known as:

Commercial Loan Officer Salary

Loan Officer, Commercial 2013 Total Pay (?

XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.

)

$41,078 - $109,589

(Median)

41K

51K

69K

88K

110K

MEDIAN: $68,615

10%

25%

50%

75%

90%

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Loan Officer, Commercial Job Listings

Commercial Loan Officer Milwaukee, WI

May 17

TruStone Financial - United States

applying for business loans. Evaluate the information... Prepare and process credit applications and make loan decisions within lending authority. Ensure that... - Indeed

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Commercial Loan Officer

Apr 07

Wells Fargo - United States

Job Title: Commercial Loan Officer Requisition... by new business loan acquisitions. Basic Qualifications 4+ years commercial loan experience. Minimum... - Indeed

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Commercial Loan Officer

Mar 05

First United Bank - United States

customer loan requests and makes loan recommendations... assistance and recommends training for new commercial loan officers. Develops new customer prospects... - Indeed

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Want local data for this job?

National Salary Data

	National Salary Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$50K	$100K	$150K
Salary	$40,746 - $97,905
Bonus	$0.00 - $14,874
Profit Sharing	$1,007 - $8,996
Commission	$0.00 - $16,000
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). )	$41,078 - $109,589
Country: United States \| Currency: USD \| Updated: 9 May 2013 \| Individuals Reporting: 344

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Loan Officer, Commercial Tasks

Negotiate credit terms, and prepare credit analysis and repayment plan for approvals.
Interview, consult, accept, analyze credit of, and perform credit reviews of potential borrowers.
Oversee handling of advances, payments, and wire transfers.
Develop, maintain, and grow the commercial loan portfolio of private loan companies, government agencies, and non-profit organizations.
Solicit new business by developing marketing strategies.

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Companies and Industries for Loan Officer, Commercial Salaries

Popular Industries

Salary Range


Banking	$41,080 - $102,018
Mortgage Lending, Loans, or Credit Products	$40,098 - $100,036
Financial Services	$41,680 - $103,528
Credit Union	$38,121 - $86,394
Bank Holding Company (except managing)	$41,862 - $107,693

Popular Employers

Salary Range

There is not enough data available to display this chart.

Key Statistics for Loan Officer, Commercial Salaries and Jobs

Gender

	Female 18%			Male 82%
Salary:	$43,175 - $73,983			$50,187 - $82,758

Years of Experience

Less than 1 year

1-4 years

26%

5-9 years

34%

10-19 years

26%

20 years or more

13%

Top Degrees

Salary Range


Bachelor's Degree	$38,689 - $95,682
Master of Business Administration (MBA)	$54,145 - $117,765
Bachelor of Science (BS / BSc), Finance	$33,433 - $106,000
Bachelor of Business Administration (BBA), Finance	$38,579 - $77,585
Master of Business Administration (MBA), Finance	$62,500 - $115,000

See more degrees

Most Common Health Benefits

	Medical: 92%		Dental: 76%
	Vision: 51%		None: 7%

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