How much does a Commercial Loan Officer I make in the United States? The average Commercial Loan Officer I salary in the United States is $66,276 as of September 25, 2020, but the range typically falls between $57,784 and $75,114. 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.
Commercial Loan Officer I solicits and services a variety of smaller commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Being a Commercial Loan Officer I approves or denies loan within established limits, or refers loan to loan committee for approval. May assist more senior loan officers with larger or more complex loans. Additionally, Commercial Loan Officer I requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Loan Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Officer I typically requires 0-2 years of related experience. (Copyright 2020 Salary.com)... View full job description
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PAYPAL HOLDINGS INC
Fiscal Year Ended in 2019
What does a Commercial Loan Officer I do?
Commercial Loan Officer I in Afton, WY
Assists in collection of past due loans.
May 23, 2020
Reviews customer financial condition and assesses the customer's ability to re-pay the loan.
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Average Base Salary
Average Total Cash Compensation
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer I in the United States. The base salary for Commercial Loan Officer I ranges from $57,784 to $75,114 with the average base salary of $66,276. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $59,992 to $82,379 with the average total cash compensation of $70,641.