Average Loan Officer, Commercial Salary at Farm Credit

$60,009
Avg. Salary
$9,500
Bonus
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The average salary for a Loan Officer, Commercial at Farm Credit is $60,009.
25%
$57k
25%
$60k
50%
$92k
75%
75%
MEDIAN $60,009
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United States (change)
Salary
$57k - $92k
Bonus
$0 - $10k
Total Pay
$66k - $111k

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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.

Popular Employer Salaries for Loan Officer, Commercial

The top respondents for the job title Loan Officer, Commercial are from the companies Bank of America Corp. (BOFA), Foothill Federal Credit Union and Bank of The Ozarks. Reported salaries are highest at Foothill Federal Credit Union where the average pay is $82,424. Bank of The Ozarks pays the lowest at around $75,000.

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

Loan Officer, Commercial Job Listings

Popular Skills for Loan Officer, Commercial