Commercial Loan Officer II Salary in the United States

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Commercial Loan Officer II Salary

How much does a Commercial Loan Officer II make in the United States? The average Commercial Loan Officer II salary in the United States is $101,672 as of April 27, 2021, but the range typically falls between $88,632 and $110,897. 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. 

Salary Salary + Bonus Benefits
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25% $88,632 10% $76,759 90% $119,296 75% $110,897 $101,672 50%(Median)

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Check out Commercial Loan Officer jobs in Virginia
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SBA/Commercial Loan Closer

Sonabank - Ashland, VA

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Loan Officer Assistant

American Nationwide Mortgage Company Inc. (Official Page) - Aylett, VA

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Job Description for Commercial Loan Officer II

Commercial Loan Officer II solicits and services a variety of small to moderate size commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Being a Commercial Loan Officer II approves or denies loan within established limits, or refers loan to loan committee for approval. Requires a bachelor's degree. Additionally, Commercial Loan Officer II typically reports to a manager or head of a unit/department. The Commercial Loan Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Officer II typically requires 2 to 4 years of related experience. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Commercial Loan Officer II
Those that have already made the climb...
Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2019
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Commercial Loan Officer II Pay Difference by Location

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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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

Average Base Salary

Core compensation

 
 
 
88632
110897
101672

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
97157
127103
113399
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer II in the United States. The base salary for Commercial Loan Officer II ranges from $88,632 to $110,897 with the average base salary of $101,672. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $97,157 to $127,103 with the average total cash compensation of $113,399.
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88632
110897

 

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Skills associated with Commercial Loan Officer II: Lending Regulatory Compliance, Loan Authorization, Loan Software, Loan Origination ...More

Recently searched companies with related titles : Bank Of America Loan Officer

Salary estimation for Commercial Loan Officer II at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC