Average Loan Officer, Commercial Salary in Oklahoma City, Oklahoma

$73,258
Avg. Salary
$8,500
Bonus
$8,600
Commission
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The average salary for a Loan Officer, Commercial in Oklahoma City, Oklahoma is $73,258.
10%
$51k
10%
$73k
50%
$121k
90%
90%
MEDIAN $73,258
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United States (change)
Salary
$51k - $121k
Bonus
$5k - $14k
Commission
$0 - $9k
Total Pay
$51k - $143k

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
Loan Officer
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Loan Officer, Commercial Job Listings

Popular Skills for Loan Officer, Commercial

Skills in Loan Underwriting and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Commercial Loans and Sales.
Employees with Loan Officer, Commercial in their job title in Dallas, Texas earn an average of 22.9% more than the national average. These job titles also find higher than average salaries in Nashville, Tennessee (19.6% more) and Boston, Massachusetts (10.4% more). The lowest salaries can be found in Columbus, Ohio (31.9% less), Los Angeles, California (11.3% less) and Chicago, Illinois (6.6% less).

Years of Experience

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