How much does a Commercial Loan Officer I make in Belfast, ME? The average Commercial Loan Officer I salary in Belfast, ME is $68,836 as of September 01, 2024, but the range typically falls between $60,370 and $79,576. 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.
What skills does a Commercial Loan Officer I 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.
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.
Client Relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.
Mastering certain skills can make the compensation of a Commercial Loan Officer I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Client Relationship, you can get a 7% salary raise. If you are good at Leadership, your salary will increase by 5%.If you are expert in Financial Analysis, your salary will rise by 5%.
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Job Description for Commercial Loan Officer I
Commercial Loan Officer I solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer I approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer I adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)...
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Job Openings for Commercial Loan Officer I
in Belfast, ME
POSITION SUMMARY. This position is responsible for assisting the commercial lenders with documentation support, portfolio administration, customer support/...
Have you been thinking about working for a company that offers advancement opportunities, is more fulfilling, understands work-life balance, and where you ...
About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
About the team. Zillow Home Loans is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consum...
- 6 Days Ago
Career Path for Commercial Loan Officer I
A career path is a sequence of jobs that leads to your short- and long-term career goals.
Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Commercial Loan Officer I, the upper level is Commercial Loan Officer II and then progresses to Commercial Loan Officer IV.
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokera... More
RE/MAX HOLDINGS INC
Company Description
Fiscal Year Ended in 2023
What does a Commercial Loan Officer I do?
Commercial Loan Officer I in Elkhart, IN
Commercial loan officers work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
December 24, 2019
Commercial Loan Officer I in Wilmington, DE
After collecting and verifying all the required financial documents, the loan officer evaluates the information they obtain to determine the applicant’s need for a loan and ability to pay back the loan.
December 01, 2019
Commercial Loan Officer I in Fort Worth, TX
Orleans, MA – The Cape Cod Five Cents Savings Bank is pleased to announce that Stephen Peck has joined the Bank in the role of Commercial Loan Officer.
Commercial Loan Officer I Pay Difference by Location
Commercial Loan Officer I salary varies from city to city.
Compared with national average salary of Commercial Loan Officer I, the highest Commercial Loan Officer I salary is in San Francisco, CA, where the Commercial Loan Officer I salary is 25.0% above.
The lowest Commercial Loan Officer I salary is in Miami, FL, where the Commercial Loan Officer I salary is 3.5% lower than national average salary.
Belfast is a city in Waldo County, Maine, in the United States. As of the 2010 census, the city population was 6,668. Located at the mouth of the Passagassawakeag River estuary on Belfast Bay and Penobscot Bay. Belfast is the county seat of Waldo County. The seaport has a wealth of antique architecture in several historic districts, and remains popular with tourists.
Belfast is located at 44°25′33″N 69°0′42″W / 44.42583°N 69.01167°W / 44.42583; -69.01167 (44.425896, -69.011646).
According to the United States Census Bureau, the city has a total area of 38.37 square miles (99.38 km2), of whi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Browse Related Job Categories With Commercial Loan Officer I
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries.
Commercial Loan Officer I salary varies from category to category.
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Take just three simple steps below to generate your own personalized salary report
Step 1 of 3
Understand the total compensation opportunity for a Commercial Loan Officer I, base salary plus other pay elements
Average Base Salary
Core compensation
 
 
 
60370
79576
68836
Average Total Cash Compensation
Includes base and annual incentives
 
 
 
62352
86895
73425
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 Belfast, ME. The base salary for Commercial Loan Officer I ranges from $60,370 to $79,576 with the average base salary of $68,836. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,352 to $86,895 with the average total cash compensation of $73,425.
About Belfast, Maine Belfast is a city in Waldo County, Maine, in the United States. As of the 2010 census, the city population was 6,668. Located at the mouth of the Pass....More