Commercial Loan Officer IV Salary in the United States

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

Job Description

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)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

Understand the total compensation opportunity for a Commercial Loan Officer IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
105118
133572
118337

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
112081
152155
129371
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer IV in the United States. The base salary for Commercial Loan Officer IV ranges from $105,118 to $133,572 with the average base salary of $118,337. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,081 to $152,155 with the average total cash compensation of $129,371.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

105118
133572

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Commercial Loan Officer III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Commercial Loan Officer IV

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Commercial Loan Manager


    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Commercial Loan Officer IV