How much does a Commercial Loan Officer I earn in the United States? The average Commercial Loan Officer I salary in the United States is $64,214 as of March 28, 2019, but the range typically falls between $55,987 and $72,778. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View Cost of Living in Major Cities
Solicits and services a variety of smaller commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Approves or denies loan within established limits, or refers loan to loan committee for approval. May assist more senior loan officers with larger or more complex loans. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience.
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Includes bonus, healthcare, and retirement
0 - 2 years experience
2 - 4 years experience
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