How much does a Commercial Loan Officer III make?
As of December 01, 2024, the average annual pay of Commercial Loan Officer III in Chicago, IL is $127,290. While Salary.com is seeing that Commercial Loan Officer III salary in Chicago, IL can go up to $162,581 or down to $90,789, but most earn between $108,184 and $145,763. Salary.com shows 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.
View Commercial Loan Officer III Salary by Hour, Week, Month, Year
Salary.com provides you with accurate and diversified Commercial Loan Officer III salary data based on specialized databases to help you get a fairer salary.
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Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$138,954 |
$11,579 |
$2,672 |
$67 |
Average |
$121,344 |
$10,112 |
$2,334 |
$58 |
25th Percentile |
$103,130 |
$8,594 |
$1,983 |
$50 |
Last Updated on December 01, 2024
View Commercial Loan Officer III Salary by Experience Levels
An entry-level Commercial Loan Officer III with under 1 year experience makes about $118,140.
With less than 2 years of experience, a mid-level Commercial Loan Officer III makes around $119,558.
After 2-4 years, the Commercial Loan Officer III pay rises to about $122,395.
Those senior Commercial Loan Officer III with 5-8 years of experience earn roughly $132,136, and those Commercial Loan Officer III having 8 years or more experience are expected to earn about $137,074 on average.
Levels |
Salary |
Entry Level Commercial Loan Officer III
|
$118,140
|
Intermediate Level Commercial Loan Officer III
|
$119,558
|
Senior Level Commercial Loan Officer III
|
$122,395
|
Specialist Level Commercial Loan Officer III
|
$132,136
|
Expert Level Commercial Loan Officer III
|
$137,074
|
$118,140
0 yr
$119,558
< 2 yrs
$122,395
2-4 yrs
$132,136
5-8 yrs
$137,074
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
3%
|
Mid Level
|
1%
|
Senior Level
|
1%
|
Top Level
|
9%
|
Experienced
|
13%
|
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Last Updated on December 01, 2024