Average Loan Officer, Commercial Salary

$75,271
Avg. Base Salary (USD)
10%
$49k
MEDIAN
$75k
90%
$118k

The average salary for a Loan Officer, Commercial is $75,271

Base Salary
$49k - $118k
Bonus
$2k - $25k
Profit Sharing
$598 - $12k
Commission
$2k - $23k
Total Pay
$49k - $131k
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What Do Loan Officer, Commercials Do?

Loan Officer, Commercial Tasks
  • 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.
  • Oversee handling of advances, payments, and wire transfers.
  • 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.
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Job Satisfaction for Loan Officer, Commercial

3.9 out of 5
(100)
Highly Satisfied
5Reviews
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Gender Breakdown

Male
75.4%
Female
24.3%
Prefer to self-define
0.3%
This data is based on 338 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

91%

Dental

84%

Vision

74%

None

8%