How much does a Commercial Loan Officer IV make in the United States? The average Commercial Loan Officer IV salary in the United States is $118,337 as of April 27, 2019, but the range typically falls between $105,118 and $133,572. 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 the Cost of Living in Major Cities
Solicits and services a variety of the largest and most complex 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. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Typically requires 7+ years of related experience. (Copyright 2019 Salary.com)
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4 - 7 years experience
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