Commercial Real Estate Loan Officer Salary in Michigan

How much does a Commercial Real Estate Loan Officer make in Michigan? As of October 01, 2026, the average salary for a Commercial Real Estate Loan Officer in Michigan is $95,978 per year, which breaks down to an hourly rate of $46.

However, a Commercial Real Estate Loan Officer's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $119,845
  • Majority Range (25th-75th percentile): $86,491 to $108,471
  • Entry-Level (10th percentile): $77,854

Key Factors That Influence Commercial Real Estate Loan Officer Salaries

A Commercial Real Estate Loan Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Commercial Real Estate Loan Officer Salaries?

Experience is a primary driver of a Commercial Real Estate Loan Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $93,375
  • Early Career (1-2 years): $109,160
  • Mid-Level (2-4 years): $141,926
  • Senior-Level (5-8 years): $159,101
  • Expert (over 8 years): $184,577
Job RoleYears of ExperienceAverage Salary
Commercial Real Estate Loan Officer less than 1 year $93,375
Commercial Real Estate Loan Officer II 1-2 years $109,160
Commercial Real Estate Loan Officer III 2-4 years $141,926
Commercial Real Estate Lending Assistant Manager 5-8 years $159,101
Commercial Real Estate Lending Manager over 8 years $184,577

Top Paying Cities for Commercial Real Estate Loan Officer

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Davison: $92,526
  • Decker: $91,417
  • Deckerville: $91,084

Commercial Real Estate Loan Officer Salary by Industry: Top Paying Sectors

For Commercial Real Estate Loan Officer roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Commercial Real Estate Loan Officer positions in Insurance or Business Services typically offer lower base pay, as these industries often view Commercial Real Estate Loan Officer as a support function rather than a direct revenue driver.

The top paying industries for a Commercial Real Estate Loan Officer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $143,967 $69.0 50%
Edu., Gov't. & Nonprofit $105,576 $51.0 10%

Commercial Real Estate Loan Officer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Real Estate Loan Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on October 01, 2026
$86,491
Average $95,978/year
$108,471
$7,208
Average $7,998/month
$9,039
$1,663
Average $1,846/week
$2,086
$42
Average $46/hour
$52
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $108,471 $9,039 $2,086 $52
Average $95,978 $7,998 $1,846 $46
25th Percentile $86,491 $7,208 $1,663 $42

Find Your Next Commercial Real Estate Loan Officer Job

Ready to take the next step in your career? Browse thousands of current Commercial Real Estate Loan Officer job openings on our job board. Use the search bar below to find your perfect match.

  • Jobot | Cascade, MI

    Jobot | Cascade, MI

    Jobot is seeking a Real Estate Attorney to support complex real estate matters for our fast-growing, tech-enabled recruiting and staffing business. In this... more

    15 Days Ago

  • Marcus & Millichap | Detroit, MI

    Marcus & Millichap | Detroit, MI

    Commercial Real Estate Investment Sales Agent. You already know how to sell. In commercial real estate investment sales, that skill builds a business of yo... more

    16 Days Ago

  • Southern Michigan Bank & Trust | Coldwater, MI

    Southern Michigan Bank & Trust | Coldwater, MI

    Job Description. Job Description. Description. SUMMARY. This position has responsibility for building long term relationships with commercial loan customer... more

    17 Days Ago

  • ThinkingAhead | Kalamazoo, MI

    ThinkingAhead | Kalamazoo, MI

    Job Description. Job Description. Commercial Lender (AVP or VP Level). A respected and growing community bank in Southwest Michigan is seeking an experienc... more

    16 Days Ago

  • Friedman Management Company | Farmington, MI

    Friedman Management Company | Farmington, MI

    Commercial Real Estate Salesperson/Broker. Corporate Office - Farmington Hills - Farmington Hills, MI 48331. Overview. Level Experienced Category Sales. De... more

    14 Days Ago

  • L. Mason Capitani Corfac International | Troy, MI

    L. Mason Capitani Corfac International | Troy, MI

    Job Description. Job Description. . L. Mason Capitani. CORFAC International. one of the region's leading commercial real estate service firms, is interest... more

    15 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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