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The differences between commercial loan reviewers and commercial loan officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 3-6 months to become a commercial loan reviewer, becoming a commercial loan officer takes usually requires 4-6 years. Additionally, a commercial loan officer has an average salary of $70,876, which is higher than the $48,731 average annual salary of a commercial loan reviewer.
The top three skills for a commercial loan reviewer include appraisal review, lenders and SBA. The most important skills for a commercial loan officer are customer service, loan portfolio, and financial statements.
| Commercial Loan Reviewer | Commercial Loan Officer | |
| Yearly salary | $48,731 | $70,876 |
| Hourly rate | $23.43 | $34.08 |
| Growth rate | -3% | 4% |
| Number of jobs | 36,035 | 91,582 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 76% |
| Average age | 44 | 45 |
| Years of experience | 6 | 6 |
Commercial loan reviewers and commercial loan officers have different pay scales, as shown below.
| Commercial Loan Reviewer | Commercial Loan Officer | |
| Average salary | $48,731 | $70,876 |
| Salary range | Between $31,000 And $76,000 | Between $50,000 And $100,000 |
| Highest paying City | - | Fort Lee, NJ |
| Highest paying state | - | Maine |
| Best paying company | - | Glacier Ban |
| Best paying industry | - | Finance |
There are a few differences between a commercial loan reviewer and a commercial loan officer in terms of educational background:
| Commercial Loan Reviewer | Commercial Loan Officer | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commercial loan reviewers' and commercial loan officers' demographics:
| Commercial Loan Reviewer | Commercial Loan Officer | |
| Average age | 44 | 45 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 73.8% Female, 26.2% |
| Race ratio | Black or African American, 10.3% Unknown, 4.0% Hispanic or Latino, 15.6% Asian, 4.3% White, 65.3% American Indian and Alaska Native, 0.6% | Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 15.5% Asian, 6.5% White, 63.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 9% | 8% |