Average Loan Officer, Commercial with Loan Underwriting Skills Salary in Boston, Massachusetts

$84,549
Avg. Salary
$6,500
Bonus
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The average salary for a Loan Officer, Commercial with Loan Underwriting skills in Boston, Massachusetts is $84,549.
25%
$80k
25%
$85k
50%
$89k
75%
75%
MEDIAN $84,549
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United States (change)
Salary
$80k - $89k
Bonus
$5k - $13k
Total Pay
$86k - $100k

Your Market Worth Over Time

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Job Description for Loan Officer, Commercial

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.

Career Paths

Explore the most common career paths for Loan Officer, Commercial. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Loan Officer, Commercial
Vice President (VP), Commercial Lending
Commercial Lender
Loan Officer
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Loan Officer, Commercial Job Listings

Popular Skills for Loan Officer, Commercial

Skills that pay less than market rate include Business Analysis, Portfolio Management and Financial Analysis.
Employees with Loan Officer, Commercial in their job title in Dallas, Texas earn an average of 6.4% more than the national average. The lowest salaries can be found in Columbus, Ohio (40.5% less), Los Angeles, California (26.1% less) and Chicago, Illinois (20.8% less).

Years of Experience

This data is based on 6 survey responses.
Mid Career
100.0%