As of March 01, 2026, the average salary for a Commercial Loan Officer II in Utah is $93,016 per year, which breaks down to an hourly rate of $45.
However, a Commercial Loan Officer II's salary can vary significantly. Here’s a look at the typical salary range:
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A Commercial Loan Officer II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Commercial Loan Officer II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Commercial Loan Officer I | 0-2 years | $62,930 |
| Commercial Loan Officer II | 2-4 years | $93,016 |
| Commercial Loan Officer III | 4-7 years | $110,974 |
| Commercial Loan Officer IV | 7+ years | $124,361 |
| Commercial Loan Officer V | 7-10 years | $155,915 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Loan Officer IIs. For example, consider the average annual salaries in these key locations:
Understanding how a Commercial Loan Officer II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on March 01, 2026For a Commercial Loan Officer II, the most direct path to higher earnings is advancing to the Commercial Loan Officer III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $110,974 - a projected growth of 19% over your current level.
Ready to take the next step in your career? Browse thousands of current Commercial Loan Officer II job openings on our job board. Use the search bar below to find your perfect match.
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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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