SBA Loan Officer Salary in Fargo, North Dakota
SBA Loan Officer Salary in Fargo, ND
How much does a SBA Loan Officer make in Fargo, ND? The average SBA Loan Officer salary in Fargo, ND is $99,302 as of April 24, 2024, but the range typically falls between $88,725 and $114,658. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile SBA Loan Officer Salary | $79,094 | Fargo,ND | April 24, 2024 |
| 25th Percentile SBA Loan Officer Salary | $88,725 | Fargo,ND | April 24, 2024 |
| 50th Percentile SBA Loan Officer Salary | $99,302 | Fargo,ND | April 24, 2024 |
| 75th Percentile SBA Loan Officer Salary | $114,658 | Fargo,ND | April 24, 2024 |
| 90th Percentile SBA Loan Officer Salary | $128,638 | Fargo,ND | April 24, 2024 |
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What skills does a SBA Loan Officer 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.
Communicates Effectively: Effective communication is the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose.
Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
Job Description for SBA Loan Officer
SBA Loan Officer develops and structures Small Business Administration (SBA) government-guaranteed loans and lines of credit to eligible business customers. Collects and reviews required customer financial information, structures the SBA loan proposals, completes initial underwriting, and prepares credit package that complies with all applicable regulations and SBA guidelines. Being a SBA Loan Officer builds working relationships and open communication with customers to clearly understand the customer's ongoing business needs. Develops relationships with a network of financial professionals and other referral sources to identify new prospects. Additionally, SBA Loan Officer maintains an up-to-date knowledge of SBA products, rules, and regulations. Requires a bachelor's degree in finance, business or equivalent. Typically reports to a manager. The SBA Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a SBA Loan Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Gate City Bank - Fargo, NDLocation. Fargo Corporate Office. Job Description. The Compliance Officer role leads the Bank's Compliance Program and oversees the effectiveness of the Ba...- 2 Days Ago
What does a SBA Loan Officer do?
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SBA Loan Officer Pay Difference by Location
SBA Loan Officer salary varies from city to city. Compared with national average salary of SBA Loan Officer, the highest SBA Loan Officer salary is in San Francisco, CA, where the SBA Loan Officer salary is 25.0% above. The lowest SBA Loan Officer salary is in Miami, FL, where the SBA Loan Officer salary is 3.5% lower than national average salary.
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About Fargo, North Dakota
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Level of Education for SBA Loan Officer
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About Fargo, North Dakota Fargo is a core city of the Fargo-Moorhead metropolitan area, which also includes Moorhead, West Fargo, and Dilworth as well as outlying communities. ....More
Fargo, North Dakota area prices were up 0.8% from a year ago View the Cost of Living in Fargo, North Dakota
SBA Loan Officer Salary in popular cities: Bismarck, Grand Forks, Minot
Skills associated with SBA Loan Officer: Banking Products, Prospecting, Lending Regulatory Compliance, Loan Software ...More
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Salary estimation for SBA Loan Officer at companies like : 913 South College, Central Coast Chapter of the California Council Of, Lakonia Holdings LLC