Commercial Loan Officer I Salary in Leslie, Michigan

Commercial Loan Officer I Salary in Leslie, MI

How much does a Commercial Loan Officer I make in Leslie, MI? The average Commercial Loan Officer I salary in Leslie, MI is $69,649 as of May 28, 2024, but the range typically falls between $60,983 and $79,779. 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. 

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Commercial Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Officer I Salary $53,093 Leslie,MI May 28, 2024
25th Percentile Commercial Loan Officer I Salary $60,983 Leslie,MI May 28, 2024
50th Percentile Commercial Loan Officer I Salary $69,649 Leslie,MI May 28, 2024
75th Percentile Commercial Loan Officer I Salary $79,779 Leslie,MI May 28, 2024
90th Percentile Commercial Loan Officer I Salary $89,003 Leslie,MI May 28, 2024
25% $60,983 10% $53,093 90% $89,003 75% $79,779 $69,649 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Officer Job Openings in Leslie, Michigan

Mortgage Loan Officer

Groves Capital, Inc. - , MI

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Mortgage Loan Officer

Mortgage Express, INC. - Southfield, MI

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Mortgage Loan Officer

Extreme Loans - Southfield, MI

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Bilingual Loan Officer

Consumers Credit Union - Lansing, MI

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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.

See More Skills
Analysis 8.12%
Financial Statements 1.96%
Client Relationship 1.12%
Others 88.8%

What Should I Pay?

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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)... View full job description

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Salary.com job board provides millions of Commercial Loan Officer I information for you to search for. Click on search button below to see Commercial Loan Officer I job openings or enter a new job title here.

Job Openings for Commercial Loan Officer I in Leslie, MI
  • Groves Capital, Inc. - , MI
    We are a family/privately owned company looking to expand. We are looking For MLO 's that want to go out on their own and make 2-3 time the income from hom...
    - 3 Days Ago
  • Mortgage Express, INC. - Southfield, MI
    Company Description. Mortgage Express, INC. is a trusted mortgage broker located in Southfield, MI. With NMLS #1916307, we are licensed to serve clients in...
    - 4 Days Ago
  • Extreme Loans - Southfield, MI
    Extreme Loans in Southfield is hiring loan officers. Our brand new state of the art facility is a MUST SEE. Fun and upbeat environment that is perfect for ...
    - 5 Days Ago
  • Consumers Credit Union - Lansing, MI
    Description. Bilingual Loan Officer. The Consumers Credit Union team is looking to hire a passionate Bilingual Loan Officer to join our team. As a Loan Off...
    - 4 Days Ago
  • eMortgage Funding LLC - Troy, MI
    We are a rapidly growing top 10 nationwide correspondent mortgage lender that recently moved into our new corporate office in Troy. We are looking for Loan...
    - 5 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.

Commercial Loan Officer I
Commercial Loan Officer II
Commercial Loan Officer IV
Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc.
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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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.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Commercial Loan Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
60983
79779
69649

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63170
87381
74548
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 Leslie, MI. The base salary for Commercial Loan Officer I ranges from $60,983 to $79,779 with the average base salary of $69,649. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,170 to $87,381 with the average total cash compensation of $74,548.
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How much should you be paid?

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60983
79779

 

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About Leslie, Michigan    Leslie is a city in Ingham County in the U.S. state of Michigan. The population was 1,851 at the 2010 census. The city is surrounded by Leslie Townshi....More

Leslie, Michigan  area prices were up 1.3% from a year ago    View the Cost of Living in Leslie, Michigan

Commercial Loan Officer I Salary in popular cities: Detroit, Grand Rapids, Warren

Skills associated with Commercial Loan Officer I: Commercial Customer Development, Loan Origination, Risk Analysis, Loan Software ...More

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Salary estimation for Commercial Loan Officer I at companies like : Sky Morning Industry Inc, M T Industries Inc, Medicaid Services