How much does a Commercial Loan Officer III make in the United States? The average Commercial Loan Officer III salary in the United States is $127,389 as of April 26, 2022, but the range typically falls between $112,963 and $140,003. 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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Based on HR-reported data: a national average with a geographic differential
25% $112,963 10% $99,829 90% $151,487 75% $140,003 $127,389 50%(Median)
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Check out Commercial Loan Officer jobs in Virginia

Loan Officer Assistant

Atlantic Coast Mortgage - Fairfax, VA

Loan Officer Assistant, Harrisonburg VA

Summit Community Bank - Harrisonburg, VA

Job Description for Commercial Loan Officer III

Commercial Loan Officer III solicits and services a variety of moderate to large size commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Being a Commercial Loan Officer III approves or denies loan within established limits, or refers loan to loan committee for approval. Requires a bachelor's degree. Additionally, Commercial Loan Officer III typically reports to a manager or head of a unit/department. The Commercial Loan Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Officer III typically requires 4 to 7 years of related experience. (Copyright 2022 Salary.com)... View full job description

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Job Openings for Commercial Loan Officer III
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John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2020
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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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Average Base Salary

Core compensation

 
 
 
112963
140003
127389

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
125684
165254
144045
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Officer III in the United States. The base salary for Commercial Loan Officer III ranges from $112,963 to $140,003 with the average base salary of $127,389. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $125,684 to $165,254 with the average total cash compensation of $144,045.
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112963
140003

 

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Skills associated with Commercial Loan Officer III: Commercial Customer Development, Loan Software, Loan Authorization, Lending Regulatory Compliance ...More

Salary estimation for Commercial Loan Officer III at companies like : Block, Inc., PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC

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