As of March 01, 2026, the average salary for an Entry Commercial Loan Officer in the United States is $65,800 per year, which breaks down to an hourly rate of $32.
However, an Entry Commercial Loan Officer's salary can vary significantly. Here’s a look at the typical salary range:
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An Entry Commercial 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, education and company size can directly affect your earning potential.
Experience is a primary driver of an Entry Commercial 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Commercial Loan Officer | 0-2 years | $65,716 |
| Intermediate Commercial Loan Officer | 2-4 years | $97,134 |
| Senior Commercial Loan Officer | 4-7 years | $115,888 |
| Specialist Commercial Loan Officer | 7+ years | $129,867 |
| Commercial Lending Officer V | 7-10 years | $162,819 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Entry Commercial Loan Officers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.28% |
| Financial Statements | 2% |
| Bank Secrecy Act | 1.18% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Risk Management
|
$74,354 |
13%
|
|
Portfolio Management
|
$72,380 |
10%
|
|
Community Development
|
$72,380 |
10%
|
|
Client Relationship
|
$70,406 |
7%
|
|
Teamwork
|
$70,406 |
7%
|
|
Collaboration
|
$69,748 |
6%
|
Your level of education can impact your salary potential. While many Entry Commercial Loan Officers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Entry Commercial Loan Officer with a Bachelor's Degree is between $68,670 and $73,807).
Entry Commercial Loan Officer Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.3% |
| High School | 4.2% |
| Associates | 6.3% |
| Bachelors | 66.5% |
| Masters | 22.0% |
| Doctorate | 0.8% |
Understanding how an Entry Commercial 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.
Last Updated on March 01, 2026For an Entry Commercial Loan Officer, the most direct path to higher earnings is advancing to the Intermediate Commercial Loan Officer role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $97,200 - a projected growth of 48% over your current level.
Salaries for an Entry Commercial Loan Officer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $62,386 in 2023 to around $60,930 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Entry Commercial Loan Officer salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $62,386 |
| 2024 | $61,568 |
| 2025 | $60,930 |
| 2026 |
View More
|
| 2027 |
View More
|
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Yes, a loan officer can be considered an entry-level job. Many start their careers in this role without prior experience in the field. Entry Commercial Loan Officers typically earn a salary ranging from $64,300 to $84,800, with a median salary of $73,300, making it an accessible entry point into the financial services industry.
Entry Commercial Loan Officers earn a salary ranging from $64,300 to $84,800, with a median salary of $73,300. While higher-paying positions include Mortgage Sales Managers and Commercial Real Estate Lenders, Entry Commercial Loan Officers provide a solid starting point in the industry with competitive compensation.
America First Credit Union offers competitive salaries for Entry Commercial Loan Officers, with a minimum salary of $64,300, a mid-range salary of $73,300, and a maximum salary of $84,800. Overall, employees rate the compensation and benefits package at 3.5 out of 5 stars, reflecting a solid work environment.
According to InGenius data, the number of valid loan officers across the US fell below 90,000 by Q2 2023, a significant drop from over 180,000 during the peak of the COVID-19 pandemic in Q3 2021. Entry-level Commercial Loan Officers earn between $64,300 and $84,800, with a median salary of $73,300, reflecting the industry's challenges.
An entry commercial loan officer is responsible for processing loan applications, assessing creditworthiness, and determining loan terms. They play a crucial role in the lending process, ensuring compliance with regulations. The salary for this position typically ranges from $64,300 to $84,800, with a midpoint of $73,300, reflecting the importance of their role in financial institutions.
Commercial loan officers are generally compensated through a mix of salary and commission. For entry-level positions, salaries range from $64,300 to $84,800, with a midpoint of $73,300. Commissions are based on the loan amount and can vary by lender and loan type, often increasing for loans with higher interest rates or fees.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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