Average Loan Officer, Commercial Salary in Birmingham, Alabama

$71,477
Avg. Salary
$10,084
Bonus
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The average salary for a Loan Officer, Commercial in Birmingham, Alabama is $71,477.
25%
$68k
MEDIAN
$71k
75%
$74k
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United States (change)
Salary
$68k - $74k
Bonus
$10k - $15k
Total Pay
$73k - $86k

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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.

Loan Officer, Commercial Job Listings

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Popular Skills for Loan Officer, Commercial

Employees with Loan Officer, Commercial in their job title in Philadelphia, Pennsylvania earn an average of 28.7% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (13.2% more) and Houston, Texas (1.9% more). The lowest salaries can be found in Columbus, Ohio (29.7% less), Chicago, Illinois (5.1% less) and Los Angeles, California (2.6% less).

Years of Experience

This data is based on 7 survey responses.
Mid Career
100.0%

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