How much does a Commercial Loan Officer I make in Maine? The average Commercial Loan Officer I salary in Maine is $69,302 as of February 26, 2024, but the range typically falls between $60,677 and $79,380. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Commercial Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Officer I Salary $52,824 ME February 26, 2024
25th Percentile Commercial Loan Officer I Salary $60,677 ME February 26, 2024
50th Percentile Commercial Loan Officer I Salary $69,302 ME February 26, 2024
75th Percentile Commercial Loan Officer I Salary $79,380 ME February 26, 2024
90th Percentile Commercial Loan Officer I Salary $88,555 ME February 26, 2024
25% $60,677 10% $52,824 90% $88,555 75% $79,380 $69,302 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer jobs in Maine

Senior Loan Administration Officer

Century Housing Corporation - Culver City, CA

Loan Officer

Barclay Butler Financial Inc. - East Dundee, IL

Commercial Loan Officer

RIO BANK - Harlingen, TX

What skills does a Commercial Loan Officer I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

client relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.

3.

Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

Analysis 1.3%
client relationship 0.18%
Financial Statements 0.31%
Others 98.21%

Job Description for Commercial Loan Officer I

Commercial Loan Officer I solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer I approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer I adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Officer I in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $70,761 Date Updated February 26, 2024
Location Windham, ME Avg. Salary $70,858 Date Updated February 26, 2024
Location Abbot, ME Avg. Salary $64,980 Date Updated February 26, 2024
Location Acton, ME Avg. Salary $72,400 Date Updated February 26, 2024
Location Addison, ME Avg. Salary $64,980 Date Updated February 26, 2024
Location Albion, ME Avg. Salary $64,980 Date Updated February 26, 2024
Location Alfred, ME Avg. Salary $71,986 Date Updated February 26, 2024
Location Alna, ME Avg. Salary $70,186 Date Updated February 26, 2024
Location Andover, ME Avg. Salary $70,186 Date Updated February 26, 2024
Location Anson, ME Avg. Salary $64,980 Date Updated February 26, 2024

Career Path for Commercial Loan Officer I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Loan Officer I, the upper level is Commercial Loan Officer II and then progresses to Commercial Loan Officer IV.

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Commercial Loan Officer I Salary in Maine
Commercial Loan Officer I Salary Graph, Regional Distribution and Summary