Average Loan Officer, Commercial with Financial Analysis Skills Salary

$71,291
Avg. SalaryShow Hourly Rate
$5,928
Bonus
$7,500
Commission
$2,466
Profit Sharing
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The average salary for a Loan Officer, Commercial with Financial Analysis skills is $71,291.
10%
$47k
10%
$71k
50%
$114k
90%
90%
MEDIAN $71,291
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United States (change)
Salary
$47k - $114k
Bonus
$2k - $24k
Profit Sharing
$493 - $6k
Commission
$3k - $30k
Total Pay
$48k - $128k

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.

Popular Employer Salaries for Loan Officer, Commercial

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 in Loan Underwriting, Portfolio Management, Sales and Commercial Loans are correlated to pay that is above average. Skills that pay less than market rate include Business Analysis.

Pay by Experience Level for Loan Officer, Commercial

An entry-level Loan Officer, Commercial with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $45,509 based on 8 salaries. An early career Loan Officer, Commercial with 1-4 years of experience earns an average total compensation of $58,606 based on 144 salaries. A mid-career Loan Officer, Commercial with 5-9 years of experience earns an average total compensation of $72,981 based on 128 salaries. An experienced Loan Officer, Commercial with 10-19 years of experience earns an average total compensation of $89,310 based on 122 salaries. In their late career (20 years and higher), employees earn an average total compensation of $102,794.
Employees with Loan Officer, Commercial in their job title in Dallas, Texas earn an average of 19.2% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (14.7% more) and Springfield, Missouri (4.3% more). The lowest salaries can be found in Columbus, Ohio (29.5% less) and Los Angeles, California (2.3% less).

Years of Experience

This data is based on 459 survey responses.
Entry Level
1.7%
Early Career
31.4%
Mid Career
27.9%
Experienced
26.6%
Late Career
12.4%