Average Loan Officer, Commercial Salary in Columbus, Ohio

$49,895
Avg. Salary
$8,000
Bonus
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The average salary for a Loan Officer, Commercial in Columbus, Ohio is $49,895.
10%
$45k
10%
$50k
50%
$98k
90%
90%
MEDIAN $49,895
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United States (change)
Salary
$45k - $98k
Bonus
$5k - $15k
Total Pay
$46k - $117k

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
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 Financial Analysis, Loan Underwriting, Business Analysis and Portfolio Management are correlated to pay that is above average. Skills that pay less than market rate include Commercial Loans.
Employees with Loan Officer, Commercial in their job title in Dallas, Texas earn an average of 80.4% more than the national average. These job titles also find higher than average salaries in Nashville, Tennessee (75.5% more) and Boston, Massachusetts (62.1% more).

Years of Experience

This data is based on 10 survey responses.
Early Career
100.0%