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Hourly Wage for Commercial Loan Officer I Salary in the United States

What is the highest and lowest hourly pay for Commercial Loan Officer I?

As of March 01, 2026, the average hourly rate for a Commercial Loan Officer I in the United States is $32, which translates to an annual salary of about $65,716.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $37 per hour
  • Majority Range (25th-75th percentile): $27 to $35 per hour
  • Entry-Level (10th percentile): $23 per hour
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View as table View as graph 25% $27 10% $23 90% $37 75% $35 $32 50%(Median) Didn’t find job title? Click

Commercial Loan Officer I Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $71,865 $5,989 $1,382 $35
Average $65,716 $5,476 $1,264 $32
25th Percentile $56,757 $4,730 $1,091 $27
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Key Factors That Influence Commercial Loan Officer I Salaries

A Commercial Loan Officer I'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.

How Experience Level Affects Commercial Loan Officer Salaries?

Experience is a primary driver of a Commercial Loan Officer I'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:

  • Commercial Loan Officer I (0-2 years): $65,716
  • Commercial Loan Officer II (2-4 years): $97,134
  • Commercial Loan Officer III (4-7 years): $115,888
  • Commercial Loan Officer IV (7+ years): $129,867
  • Commercial Loan Officer V (7-10 years): $162,819
Job Role Years of Experience Average Salary
Commercial Loan Officer I0-2 years$65,716
Commercial Loan Officer II2-4 years$97,134
Commercial Loan Officer III4-7 years$115,888
Commercial Loan Officer IV7+ years$129,867
Commercial Loan Officer V7-10 years$162,819
$65,716 Commercia...
$97,134 Commercia...
$115,888 Commercia...
$129,867 Commercia...
$162,819 Commercia...
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What Am I Worth?

Top Paying Cities for Commercial Loan Officer Is

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:

  • San Jose: $82,888
  • San Francisco: $82,073
  • Oakland: $80,252

What Skills Can Increase a Commercial Loan Officer I's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 8.28% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Financial Statements (Mentioned in 2% Job Postings): Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
  • Bank Secrecy Act (Mentioned in 1.18% Job Postings): The Currency and Foreign Transactions Reporting Act of 1970—which legislative framework is commonly referred to as the "Bank Secrecy Act" (BSA)—requires U.S. financial institutions to assist U.S. government agencies to detect and prevent money laundering.
See More Skills
Skills Demand Percentage
Analysis 8.28%
Financial Statements 2%
Bank Secrecy Act 1.18%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Commercial Loan Officer I's salary.
  • Risk Management: Can increase your salary by up to 13%.
  • Portfolio Management: Can increase your salary by up to 10%.
  • Community Development: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Risk Management
 $74,259
13%
Portfolio Management
 $72,288
10%
Community Development
 $72,288
10%
Client Relationship
 $70,316
7%
Teamwork
 $70,316
7%
Collaboration
 $69,659
6%
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How Education impacts a Commercial Loan Officer I's Salary?

Your level of education can impact your salary potential. While many Commercial Loan Officer Is 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 a Commercial Loan Officer I with a Bachelor's Degree is between $68,774 and $73,968).

Commercial Loan Officer I Salaries by Degree Level

Typical Education for Commercial Loan Officer I
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%
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Commercial Loan Officer I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Loan Officer I'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 March 01, 2026
$56,757
Average $65,716/year
$71,865
$4,730
Average $5,476/month
$5,989
$1,091
Average $1,264/week
$1,382
$27
Average $32/hour
$35
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $71,865 $5,989 $1,382 $35
Average $65,716 $5,476 $1,264 $32
25th Percentile $56,757 $4,730 $1,091 $27

Salaries of jobs related to Commercial Loan Officer I

Most common benefits for Commercial Loan Officer I

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FAQ about Commercial Loan Officer I

1. What are the responsibilities of Commercial Loan Officer I?

Originates and manages commercial loans to support portfolio growth and profitability. Identifies and solicits new commercial lending opportunities through prospecting, referrals, and existing client relationships. Guides applicants through the approval process and provides product guidance to educate borrowers on loan options. Performs due diligence, analyzing borrower financial statements, cash flow, credit history, and collateral to assess creditworthiness and risk. Structures and recommends loan terms in compliance with credit policy and regulatory requirements. Collaborates with underwriting, credit, and risk teams to facilitate loan approval and closing. Typically requires a bachelor's degree. May require Commercial Lending certification or licensure. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

2. What are the skills of Commercial Loan Officer I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

3.)

Bank Secrecy Act: The Currency and Foreign Transactions Reporting Act of 1970—which legislative framework is commonly referred to as the "Bank Secrecy Act" (BSA)—requires U.S. financial institutions to assist U.S. government agencies to detect and prevent money laundering.

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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