Commercial Loan Officer

Commercial Loan Officer Salary

Average Yearly Salary
$65,000
$35,000
Min 10%
$65,000
Median 50%
$120,000
Max 90%
Best Paying Company
Old Line Bank
Highest Paying City
New York, NY
Highest Paying State
New York
Average Experience Level
4.1 years
How much does a commercial loan officer make?
Commercial Loan Officers in America make, on average, $65,823 a year or $31.65 per hour. The top 10 percent make over $120,000 per year, while the bottom 10 percent make under $35,000 per year. Finance companies and Professional companies are the best when it comes to the number of employment opportunities. New York, Connecticut, New Jersey, District of Columbia, and New Hampshire have the highest paying Commercial Loan Officer jobs. The typical tenure for a Commercial Loan Officer is 4.1 years.
Annual Salaries For Related Jobs

Average Commercial Loan Officer Salary By Company

Commercial Loan Officers can expect good job security. Some industries pay higher than others. Employers that have the highest concentration of job opportunities for Commercial Loan Officers are Finance companies and Professional companies. Old Line Bank and Sound Community Bank are the highest paying companies. In addition, companies like Central Bank and Ames National report highly competitive salaries for Commercial Loan Officers.

Average Commercial Loan Officer Salary By Location

As a Commercial Loan Officer in the U.S., you can expect to earn on average $65,823 per year or $31.65 per hour. New York, NY reports the highest annual salary for Commercial Loan Officers at 76,295. Even an entry-level Commercial Loan Officer makes $35,000 per year in New York, NY. New York, Connecticut, New Jersey, District of Columbia, and New Hampshire are the states with the highest payscale for Commercial Loan Officers. The lowest earning states are Georgia, West Virginia, Montana, Louisiana, and Idaho.
RankCityAverage Salary
1
New York, NY
$76,295
2
Norwalk, CT
$70,801
3
Fort Lee, NJ
$69,739
4
Brockton, MA
$65,997
5
Santa Clara, CA
$63,940

Recently Added Commercial Loan Officer Salaries

Company
Job
Location
Date Added
Salary
Management Recruiters of Wausau
Commercial Loan Officer
01/24/2020
$45,000
Management Recruiters of Wausau
Commercial Loan Officer
01/02/2020
$125,000
Management Recruiters of Wausau
Commercial Loan Officer
12/25/2019
$45,000
Management Recruiters of Wausau
Commercial Loan Officer
12/02/2019
$125,000
Management Recruiters of Wausau
Commercial Loan Officer
11/22/2019
$45,000
Management Recruiters of Wausau
Commercial Loan Officer
10/30/2019
$50,000
Management Recruiters of Wausau
Commercial Loan Officer
10/28/2019
$50,000
Management Recruiters of Wausau
Commercial Loan Officer
10/18/2019
$85,000
Harris Commercial Capital
Commercial Loan Officer
09/30/2019
$100,000
Management Recruiters of Wausau
Commercial Loan Officer
09/19/2019
$60,000
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