Average Loan Officer, Commercial Salary in Salt Lake City, Utah

$66,129
Avg. Salary
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The average salary for a Loan Officer, Commercial in Salt Lake City, Utah is $66,129.
25%
$55k
25%
$66k
50%
$106k
75%
75%
MEDIAN $66,129
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United States (change)
Salary
$55k - $106k
Total Pay
$41k - $104k

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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

Employees with Loan Officer, Commercial in their job title in Dallas, Texas earn an average of 36.1% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (22.3% more) and Oklahoma City, Oklahoma (10.8% more). The lowest salaries can be found in Columbus, Ohio (24.5% less) and Los Angeles, California (1.7% less).