How much does a Commercial Loan Officer I make in Loveland, CO? The average Commercial Loan Officer I salary in Loveland, CO is $63,598 as of January 20, 2020, but the range typically falls between $55,450 and $72,081. 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)
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Fiscal Year Ended in 2016
What does a Commercial Loan Officer I do?
Commercial Loan Officer I in Afton, WY
Reviews customer financial condition and assesses the customer's ability to re-pay the loan.
Loveland is the Home Rule Municipality that is the second most populous municipality in Larimer County, Colorado, United States. Loveland is situated 46 miles (74 km) north of the Colorado State Capitol in Denver. Loveland is the 14th most populous city in Colorado. The United States Census Bureau estimated that in 2014 the population of the city was 72,651. The city forms part of the Fort Collins-Loveland Metropolitan Statistical Area and the Front Range Urban Corridor. The city's public schools are part of the Thompson R2-J School District....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 Loveland, CO. The base salary for Commercial Loan Officer I ranges from $55,450 to $72,081 with the average base salary of $63,598. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,566 to $79,052 with the average total cash compensation of $67,786.