As of January 01, 2025, the average annual salary for a Commercial Loan Officer II in Illinois is $101,477. Salary.com reports that pay typically ranges from $85,788 to $116,114, with most professionals earning between $71,504 and $129,441.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $113,504 | $9,459 | $2,183 | $55 |
| Average | $99,196 | $8,266 | $1,908 | $48 |
| 25th Percentile | $83,859 | $6,988 | $1,613 | $40 |
An entry-level Commercial Loan Officer II with under 1 year experience makes about $95,615. With less than 2 years of experience, a mid-level Commercial Loan Officer II makes around $96,079. After 2-4 years, the Commercial Loan Officer II pay rises to about $99,101. Those senior Commercial Loan Officer II with 5-8 years of experience earn roughly $107,883, and those Commercial Loan Officer II having 8 years or more experience are expected to earn about $108,316 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Officer II | $95,615 |
| Intermediate Level Commercial Loan Officer II | $96,079 |
| Senior Level Commercial Loan Officer II | $99,101 |
| Specialist Level Commercial Loan Officer II | $107,883 |
| Expert Level Commercial Loan Officer II | $108,316 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 0% |
| Top Level | 9% |
| Experienced | 9% |
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Commercial Loan Officer II salary varies from city to city. Compared with national average salary of Commercial Loan Officer II, the highest Commercial Loan Officer II salary is in San Francisco, CA, where the Commercial Loan Officer II salary is 25.0% above. The lowest Commercial Loan Officer II salary is in Miami, FL, where the Commercial Loan Officer II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $123,995 |
25.0%
|
| Washington, DC | $110,405 |
11.3%
|
| Miami, FL | $95,724 |
|
| Chicago, IL | $104,057 |
4.9%
|
| Boston, MA | $111,199 |
12.1%
|
| New York, NY | $115,861 |
16.8%
|
