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Banking Loan Officer Commercial Salary

$101,760 (USD)

Average Salary

$49/hr

Average Hourly

$4,610

Average Bonus

Last updated: December 11, 2019

The average pay for a Banking Loan Officer Commercial is $101,760 a year and $49 an hour in the United States. The average salary range for a Banking Loan Officer Commercial is between $71,431 and $126,298. On average, a Bachelor's Degree is the highest level of education for a Banking Loan Officer Commercial. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for secured or unsecured commercial loans and lines of credit.
Banking Loan Officer Commercial Job Prevalence in the United States

Job family: Loan Officers

Job family population: 304,950

Estimated population of Banking Loan Officer Commercial jobs: 29,522

Rate of error: 1.2%

Estimated salary in 2024:
$117,968
5 Year Change:
16 %
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Skills data not available for this job

About United States

United States Cost of Living Score:

Banking Loan Officer Commercial Job Listings for United States

Commercial Loan Officer III
Sep 24
Reno, NV, USA
Heritage Bank Nevada
About the Role SUMMARY Heritage Bank of Nevada is looking for a talented and motivated Commercial Loan Officer III. The CLO acts as the primary contact for commercial clients and high net worth ...
Business Development/Loan Officer
Oct 23
us
UnionState Bank
Business Development/Loan Officer is responsible for maintaining and/or generating a loan portfolio ... commercial building and business loans in compliance with the Bank's lending policies and ...
Loan Officer, Retail Center - Warm Leads
Nov 26
Anaheim, CA, USA
Carrington Mortgage Services
You will evaluate and authorize approval of real estate, commercial, and credit loans ... Previous experience in finance, banking, or other related fields * Familiarity with financial and ...
Mortgage Loan Officer
Nov 24
Greeley, CO, USA
A Frame Mortgage LLC
You will evaluate and authorize approval of real estate, commercial, and credit loans ... Previous experience in finance, banking, or other related fields * Familiarity with financial and ...
Loan Support Officer
Nov 2
Everett, United States
Mountain Pacific Bank
Loan Support Officer Mountain Pacific Bank has an immediate opening for an experienced Loan Support ... Prepare and email out the Commercial Loan Application, Environmental Questionnaire and any other ...

The average pay for a Banking Loan Officer Commercial is $101,760 a year and $49 an hour in the United States. The average salary range for a Banking Loan Officer Commercial is between $71,431 and $126,298. On average, a Bachelor's Degree is the highest level of education for a Banking Loan Officer Commercial. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salaries By Location

Banking Loan Officer Commercial
Banking Loan Officer Commercial
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Commercial Loan Officer III
Sep 24
Reno, NV, USA
Heritage Bank Nevada
About the Role SUMMARY Heritage Bank of Nevada is looking for a talented and motivated Commercial Loan Officer III. The CLO acts as the primary contact for commercial clients and high net worth ...
Business Development/Loan Officer
Oct 23
us
UnionState Bank
Business Development/Loan Officer is responsible for maintaining and/or generating a loan portfolio ... commercial building and business loans in compliance with the Bank's lending policies and ...
Explore our most popular jobs
View our most popular salary searches and other resources