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 $121,736 as of May 28, 2020, but the range typically falls between $107,928 and $133,786. 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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25% $107,928 10% $95,356 90% $144,757 75% $133,786 $121,736 50%(Median)
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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 2020 Salary.com)... View full job description

See user submitted job responsibilities for Commercial Loan Officer III.

Job Openings for Commercial Loan Officer III
Those that have already made the climb...
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 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
107928
133786
121736

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
120117
157947
137687
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 $107,928 to $133,786 with the average base salary of $121,736. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $120,117 to $157,947 with the average total cash compensation of $137,687.
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107928
133786

 

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

Salary estimation for Commercial Loan Officer III at companies like : PayPal Holdings, Inc., RE/MAX Holdings, Inc., Square, Inc.

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